Investors pile into Ambani’s Jio IPO as bids top 13 times
NEW DELHI: Subscriptions for India’s biggest stock listing ever surged further on the final day of bidding on Friday, as investors bet on Jio Platforms’.2 billion offering to tap into the nation’s telecom and digital sector. Billionaire Mukesh Ambani’s first...
NEW DELHI: Subscriptions for India’s biggest stock listing ever surged further on the final day of bidding on Friday, as investors bet on Jio Platforms’.2 billion offering to tap into the nation’s telecom and digital sector. Billionaire Mukesh Ambani’s first initial public offering in two decades is being closely watched as a test of investor appetite for large listings when AI-linked stocks are facing increased scr...