The Economic Times

Ambani pulls off a blockbuster: Jio IPO makes 13 records, rewrites Dalal Street history

Jio Platforms celebrated a remarkable achievement with its IPO, raising Rs 30,188 crore and drawing an unprecedented wave of investor interest. Over 1.38 crore applications poured in, breaking previous records for both institutional bids and public participation in Indian IPOs. The shares were issued solely as new equity, reinforcing the strong appeal and confidence in the Indian market offerings.