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Jio IPO Attracts Over Rs 2.5 Lakh Crore Anchor Demand, Draws Major Global Investors

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Jio IPO Attracts Over Rs 2.5 Lakh Crore Anchor Demand, Draws Major Global Investors

Jio Platforms’ initial public offering has attracted aggregate institutional demand exceeding Rs 2.5 lakh crore for its approximately Rs 8,110 crore anchor book, according to banking sources. Demand from Indian and global investors was more than 30 times the size of the anchor allocation, bringing together major international asset managers, sovereign institutions, pension funds and domestic mutual funds.

Banking sources, following the collation of demand from domestic and overseas institutions, described it as the first time an Indian IPO had crossed the Rs 2.5 lakh crore mark in aggregate institutional demand for its anchor book. The demand figure reflects investor interest, while the actual allocation finalized by the company amounts to approximately Rs 8,110 crore.

According to Jio Platforms’ stock exchange communication dated October 19, 2026, the IPO Committee approved the allocation of 7,24,74,066 equity shares to anchor investors at Rs 1,119 per share. This includes a securities premium of Rs 1,109 over the face value of Rs 10.

The allocation document lists 212 investor entries, including separate funds and schemes.

The breadth of participation extends across global investment portfolios and Indian financial institutions, with several fund houses participating through multiple schemes.

Life Insurance Corporation of India received 44,68,128 shares worth approximately Rs 500 crore, accounting for 6.17% of the anchor investor portion. New World Fund Inc received shares worth approximately Rs 486.27 crore, representing 6% of the allocation.

The investor list also includes several BlackRock funds, including its Global Emerging Markets Fund, India Fund and Emerging Markets Ex-China Fund.



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