Jio IPO anchor book 50% taken by Indian funds

Jio IPO anchor book sees strong domestic participation. Indian mutual funds and domestic institutions picked up nearly 50% of the anchor book, signaling robust local confidence. Global sovereign wealth funds also participated, validating the $108 billion valuation. The response underscores strong investor appetite ahead of the public issue.

📊 STOCKS: | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #IPO