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Jio IPO draws Rs 7.40 lakh crore in bids, sets world record for applications

Jio IPO draws Rs 7.40 lakh crore in bids, sets world record for applications

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Mumbai, Oct 23: Jio Platforms’ Rs 30,213-crore initial public offering (IPO) closed on Friday with approximately Rs 7.40 lakh crore in bids, including anchor demand, setting a record for investor applications in an IPO globally. The issue attracted more than 13.8 million applications over three days…

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