Mukesh Ambani’s $3.2 billion Jio IPO attracts more than $16 billion in bids
Billionaires Africa | 23.10.2026 17:30
Indian billionaire Mukesh Ambani’s Jio Platforms attracted estimated investor bids exceeding $24.5 billion as its $3.2 billion initial public offering closed on Friday, October 23, with demand surpassing 10 times the shares available.