FILE PHOTO: Jio Platforms’ ₹8,110 crore anchor book has attracted strong interest from institutional investors, including LIC, BlackRock, Fidelity and leading Indian mutual funds. | Photo Credit: RAMAKRISHNA G
Aggregate institutional demand for Jio Platforms Limited’s initial public offering exceeded ₹2.50 lakh crore, more than 30 times the anchor book amount. This is the first time an Indian IPO has crossed this mark.
The ₹ 8,110 crore anchor book attracted significant demand from Indian and global investors, indicating clear confidence from long-term investors. The document lists more than 200 investors and more than a hundred fund schemes, including global technology specialists like Dragoneer, Janus Henderson, and Ninety One.
In addition, prominent Indian family offices such as Enam family office, Premji family office, Zerodha family office, and HCL family office also participated in the IPO, while the largest global mutual fund, Fidelity Contra Fund, participated as one of the top anchors.
LIC led the anchor allocation with ₹500 crore
The largest anchor allocation is ₹ 500 crore for LIC, followed by ₹ 425 crore each for Capital International, GIC, BlackRock, FMR, SBI MF, HDFC MF, and ICICI Pru MF, and ₹ 300 crore each for Capital World and Birla MF.
Sovereign and pension funds provide long-term capital
Long-term patient capital is from state and pension funds like LIC, GIC, ADIA, QIA, Norges, PSP, California State Teachers Pension, Florida Pension System, SBI Pension (NPS Trust), HDFC pension, ICICI pension, UTI Pension.
Leading domestic and global investors participated
Top domestic and global investors include SBI MF, ICICI Pru MF, HDFC MF, BlackRock, Capital Group, Fidelity Management & Research, Schroders, JPM AM, Birla MF, Kotak MF, Nippon MF, Allianz, T. Rowe Price, and Prudential.
Published on October 19, 2026