Jio Platforms Ltd. has raised Rs.8,110 crore from 212 anchor investor accounts and schemes ahead of its proposed initial public offering. Investors participating in the anchor allocation include Life Insurance Corporation of India, BlackRock, Fidelity, Singapore’s GIC and the Abu Dhabi Investment Authority.
Paras Healthcare Ltd. is scheduled to launch its initial public offering on October 21, with the subscription window expected to remain open until October 23. The reported price band is Rs.660–693 per share, placing the healthcare provider among the mainboard IPOs opening this week.
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