Global Investors Break All Records! ₹2.5 lakh crore bumper bid for Jio IPO, know what it means

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The IPO of Reliance Jio platform is a hot topic among investors. The special thing is that even before the IPO opens for general investors, there has been a demand of around ₹ 2.5 lakh crore from large investors. That is, big institutional investors are showing confidence in Jio even before the issue opens. The IPO will open on 21st October and close on 23rd October.

Big investors are eyeing Jio

Not only India but big investors from all over the world are showing interest in Jio IPO. Government investment funds from Singapore, Norway, Abu Dhabi and Qatar are also preparing to stake in Jio. Investment funds from these countries generally invest with a long-term perspective. As such, their interest is being taken as a sign of strong faith in Jio’s future.

LIC and big mutual funds are also in the race

India’s big institutional investors are also gearing up to participate in this IPO. Big names like LIC, SBI Mutual Fund and HDFC Mutual Fund are showing interest in the Jio IPO. Apart from this, top 10 mutual funds and top 5 insurance companies of the country are also monitoring this issue. This suggests that Jio may get support not only from retail investors but also from large and experienced investors in the country.

BlackRock, Fidelity and Capital Group are also ready

The enthusiasm of global investors about Jio IPO is also not low. Names like BlackRock, Fidelity and Capital Group, among the world’s biggest investment firms, are gearing up to invest in the issue. That means, along with Indian broker street investors, big Wall Street investors are also getting interested in Jio IPO.

Jio is not just a mobile company

Jio’s story is not limited to mobile network only. The company is present in several digital businesses such as internet, cloud, entertainment and business services along with mobile connectivity. This is the reason why Jio is not being seen as just a telecom company. The company is playing a major role in India’s rapidly growing digital ecosystem.

Opportunity to directly invest in Jio for the first time

Until now, the main way to indirectly invest in Jio was to buy shares of Reliance Industries. For the first time, the IPO will give common investors the opportunity to directly stake in the Jio platform.

Price band of ₹1,065 to ₹1,119

The price band of the IPO has been kept at ₹1,065 to ₹1,119 per share. Notably, the share price for institutional investors and general investors will be within this fixed price band. The IPO will be open from 21 October to 23 October 2026. In such a situation investors will have only three days to apply.

Halie Heaney

Halie Heaney is an accomplished author at SpeaksLY, specializing in international news across diverse categories. With a passion for delivering insightful global stories, she brings a unique perspective to current events and world affairs.

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