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Investors pile into Ambani’s Jio IPO as bids top 10 times

2026-10-23 18:11170FMT

Investors pile into Ambani’s Jio IPO as bids top 10 times

As of Friday, the IPO’s institutional tranche was subscribed 26.5 times, reflecting strong demand from major investors, while the retail tranche was subscribed 2.3 times.
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