Published Oct 23, 2026, 3:05 AM ET · Updated 21 days ago · 2 sources

Ambani's $3.2 billion Jio Indian IPO lures investors as bids surge on final day

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Ambani's $3.2 billion Jio Indian IPO lures investors as bids surge on final day

Subscriptions for Indian billionaire Mukesh Ambani's first IPO in two decades surged further on the final day of ​bidding on Friday, as investors bet on Jio Platforms' $3.2 billion offering to tap into the nation's ‌telecom and digital sector.