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Reliance Jio IPO: Massive bids top $25 bn amount for anchor book! How Mukesh Ambani firm attracted top-notch investors
Reliance Jio Platforms’ ₹30,213 crore IPO drew anchor bids exceeding 30 times the available shares, attracting major global and domestic investors. The company plans to use up to ₹27,500 crore of proceeds to repay Reliance Jio Infocomm borrowings.
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