Big IPO buzz! Jio Platforms reportedly attracts over $20 billion in bids ahead of India’s biggest issue; GMP hits ₹200

Jio Platforms Ltd., the digital services arm of Reliance Industries, is said to have attracted more than $20 billion in bids for what could be India’s biggest-ever initial public offering (IPO), Bloomberg reported, citing people familiar with the matter.

Domestic investors, along with global firms Fidelity, Allianz, and Capital Group, have reportedly expressed strong interest in the issue.