Jio IPO Day 1: ₹13,428 Gets You In, But Can Jio Close Its ₹48 Revenue Gap With Airtel?

The post Jio IPO Day 1: ₹13,428 Gets You In, But Can Jio Close Its ₹48 Revenue Gap With Airtel? appeared first on Coinpedia Fintech News

Ten years after it set off a price war in Indian telecom, Jio Platforms opens its ₹30,213 crore IPO to the public today. Big institutions have already shown strong interest. On October 19, they bid more than ₹2.5 lakh crore for a ₹8,109.85 crore anchor allotment, over 30 times the amount on offer. The pricing, …