{"id":315492,"date":"2026-10-19T10:09:48","date_gmt":"2026-10-19T04:39:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=315492"},"modified":"2026-10-19T10:09:48","modified_gmt":"2026-10-19T04:39:48","slug":"lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/","title":{"rendered":"Jio IPO Anchor Investors: LIC, Mutual Funds and Global Investors Eye the Issue"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Reports say LIC, SBI Mutual Fund, HDFC Mutual Fund and global funds such as GIC, BlackRock, Fidelity, Norges Bank and ADIA are eyeing the Jio Platforms issue, with non-binding interest of about Rs 2.5 lakh crore, roughly 8.3 times the Rs 30,213 crore issue (my calculation). Anchor bidding by Jio IPO anchor investors is today, 19 Oct 2026, and the public issue opens on 21 Oct. The interest comes from unnamed sources and is unconfirmed. This article gives no unofficial price premiums.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Reports name LIC, SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund and Kotak Mutual Fund among domestic institutions, and GIC, BlackRock, Fidelity, Norges Bank, ADIA, Allianz and Capital Group among global ones as Jio IPO anchor investors. The reported demand is about Rs 2.5 lakh crore, but it is described as non-binding and preliminary, so it is not a final subscription or a confirmed allocation. My calculation suggests the anchor book could be at most about Rs 8,164 crore if the shareholder and employee quotas come out of the issue, which would make the Jio IPO anchor investors a small slice of the reported interest. The actual list of Jio IPO anchor investors will be known once the anchor allocation is announced after bidding closes today.<\/p>\n<\/p><\/div>\n<p>Anchor day is the first real test of the reported institutional appetite, because Jio IPO anchor investors must put in binding bids at a price within the band. Reports so far rely on unnamed sources, so names and amounts can change.<\/p>\n<p>This guide covers the reported Jio IPO anchor investors, the anchor book maths, what the Rs 2.5 lakh crore figure does and does not mean, and what retail applicants should watch. It is educational and not a recommendation to apply for the issue.<\/p>\n<p style=\"margin-top:24px;\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Who_Are_the_Reported_Jio_IPO_Anchor_Investors\" title=\"Who Are the Reported Jio IPO Anchor Investors?\">Who Are the Reported Jio IPO Anchor Investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Anchor_Book_Maths_for_the_Jio_IPO_Anchor_Investors\" title=\"Anchor Book Maths for the Jio IPO Anchor Investors\">Anchor Book Maths for the Jio IPO Anchor Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#What_the_Rs_25_Lakh_Crore_Figure_Means_for_Jio_IPO_Anchor_Investors\" title=\"What the Rs 2.5 Lakh Crore Figure Means for Jio IPO Anchor Investors\">What the Rs 2.5 Lakh Crore Figure Means for Jio IPO Anchor Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Grey_Market_Premium_and_the_Jio_IPO_Anchor_Investors\" title=\"Grey Market Premium and the Jio IPO Anchor Investors\">Grey Market Premium and the Jio IPO Anchor Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Issue_Terms_to_Keep_Beside_the_Jio_IPO_Anchor_Investors_News\" title=\"Issue Terms to Keep Beside the Jio IPO Anchor Investors News\">Issue Terms to Keep Beside the Jio IPO Anchor Investors News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#What_Retail_Applicants_Should_Watch_After_the_Anchor_Book\" title=\"What Retail Applicants Should Watch After the Anchor Book\">What Retail Applicants Should Watch After the Anchor Book<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#What_to_Watch_Next\" title=\"What to Watch Next\">What to Watch Next<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Who_are_the_reported_Jio_IPO_anchor_investors\" title=\"Who are the reported Jio IPO anchor investors?\">Who are the reported Jio IPO anchor investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#How_much_interest_have_Jio_IPO_anchor_investors_reportedly_shown\" title=\"How much interest have Jio IPO anchor investors reportedly shown?\">How much interest have Jio IPO anchor investors reportedly shown?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#What_is_the_grey_market_premium_for_the_Jio_IPO\" title=\"What is the grey market premium for the Jio IPO?\">What is the grey market premium for the Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#What_is_an_anchor_investor\" title=\"What is an anchor investor?\">What is an anchor investor?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#How_large_can_the_book_for_Jio_IPO_anchor_investors_be\" title=\"How large can the book for Jio IPO anchor investors be?\">How large can the book for Jio IPO anchor investors be?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Is_the_Rs_25_lakh_crore_figure_confirmed\" title=\"Is the Rs 2.5 lakh crore figure confirmed?\">Is the Rs 2.5 lakh crore figure confirmed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#When_is_anchor_bidding_for_the_Jio_issue\" title=\"When is anchor bidding for the Jio issue?\">When is anchor bidding for the Jio issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/lic-mutual-funds-and-global-investors-eye-jio-platforms-issue-rs-2-5-lakh-crore-interest-anchor-bidding-today\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Who_Are_the_Reported_Jio_IPO_Anchor_Investors\"><\/span><strong>Who Are the Reported Jio IPO Anchor Investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Group<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Names reported<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sovereign and government funds<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">GIC, Norges Bank Investment Management, Abu Dhabi Investment Authority, Qatar Investment Authority<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">QIA appears in one report only<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Global asset managers<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">BlackRock, Fidelity, Allianz, Capital Group, New World Fund, Smallcap World Fund<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Allianz and the two funds appear in the Mint report<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Domestic institutions<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">LIC, SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Two reports differ on which mutual funds are named<\/td>\n<\/tr>\n<\/table>\n<p>The lists of Jio IPO anchor investors differ between reports, so treat all names as unconfirmed until the exchanges publish the anchor allocation. The Mint report calls the interest nearly Rs 2.5 lakh crore from major global and domestic institutions, and another report says sources put early demand at over eight times the issue.<\/p>\n<p style=\"margin-top:24px;\"><strong>Compare large cap stocks on the Univest Screener<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Anchor_Book_Maths_for_the_Jio_IPO_Anchor_Investors\"><\/span><strong>Anchor Book Maths for the Jio IPO Anchor Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Step (my calculation)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Amount<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Basis<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue size at the upper band<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 30,213 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fresh issue of 27 crore shares<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reserved for shareholders and employees<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,000 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,500 crore plus Rs 500 crore, reported as within the issue<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net issue for the main categories<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 27,213 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">30,213 minus 3,000<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">QIB portion at most 50%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 13,607 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Half of the net issue<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Anchor portion at most 60% of the QIB portion<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 8,164 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SEBI rule for anchor allocation<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Domestic mutual funds&#8217; reserved share of anchors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 2,721 crore at least<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">One third of the anchor portion, per SEBI rules<\/td>\n<\/tr>\n<\/table>\n<p>These caps for Jio IPO anchor investors are not forecasts. If reported interest of Rs 2.5 lakh crore were aimed at an anchor book of about Rs 8,164 crore, it would be about 30 times the maximum anchor size, which shows why only a small share of the interest can become allocation. SEBI rules set a lock-in of 30 days on half of the anchor allotment and 90 days on the rest, a point that matters for the first weeks after listing.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the Univest iOS App or Univest Android App to track Reliance Industries and set price alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Rs_25_Lakh_Crore_Figure_Means_for_Jio_IPO_Anchor_Investors\"><\/span><strong>What the Rs 2.5 Lakh Crore Figure Means for Jio IPO Anchor Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Point<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What the reports say<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">My reading<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 2.5 lakh crore, over eight times the issue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interest, not confirmed bids<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nature<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Non-binding, preliminary institutional demand<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Can fall short of binding bids<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Source<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Unnamed sources familiar with the matter<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Names and amounts can change<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Headline versus body<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The headline says anchor demand; the body says non-binding interest<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not the same as an anchor book<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Test<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Anchor bidding on 19 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shows how much interest turns into allocation<\/td>\n<\/tr>\n<\/table>\n<p>A large expression of interest is a positive sign for the issue, but non-binding interest has been known to shrink when pricing is firm. The Jio IPO anchor investors list should be judged by quality and by how much sits with long-term funds.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Grey_Market_Premium_and_the_Jio_IPO_Anchor_Investors\"><\/span><strong>Grey Market Premium and the Jio IPO Anchor Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the Jio Platforms IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Issue_Terms_to_Keep_Beside_the_Jio_IPO_Anchor_Investors_News\"><\/span><strong>Issue Terms to Keep Beside the Jio IPO Anchor Investors News<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price band and lot<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,065 to Rs 1,119; 12 shares; minimum Rs 13,428<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dates<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Anchor bidding 19 October; issue 21 to 23 October; allotment 26 October; listing tentatively 28 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Use of proceeds<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up to Rs 27,500 crore to prepay borrowings of Reliance Jio Infocomm; the balance for general corporate purposes<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shareholding before the issue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reliance Industries 66.43%, Meta affiliate 9.98%, Google International 7.73%<\/td>\n<\/tr>\n<\/table>\n<p><strong>Risk:<\/strong> Anchor interest does not guarantee a listing gain, and the Jio IPO anchor investors can sell after the lock-in ends, so retail applicants should still check valuation and subscription.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Retail_Applicants_Should_Watch_After_the_Anchor_Book\"><\/span><strong>What Retail Applicants Should Watch After the Anchor Book<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The anchor allocation details and the price at which Jio IPO anchor investors were allotted<\/li>\n<li>How much of the book for Jio IPO anchor investors went to long-term funds and mutual funds<\/li>\n<li>Day-wise subscription in the QIB, non-institutional and retail categories<\/li>\n<li>Whether the issue is priced at the upper band for retail bidders<\/li>\n<li>The listing on 28 October, since the date is tentative<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next\"><\/span><strong>What to Watch Next<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The announcement of the allocation to Jio IPO anchor investors after bidding closes today<\/li>\n<li>The names on the anchor list compared with the reported Jio IPO anchor investors<\/li>\n<li>Day 1 subscription on 21 October after the Dussehra holiday on 20 October<\/li>\n<li>The basis of allotment on 26 October<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The reported Jio IPO anchor investors read like a who&#8217;s who of long-term money, but the Rs 2.5 lakh crore figure is non-binding and the anchor book itself is capped at a fraction of it. Wait for the confirmed allocation to Jio IPO anchor investors, then judge the issue on valuation, subscription and your own risk comfort.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_the_reported_Jio_IPO_anchor_investors\"><\/span><strong>Who are the reported Jio IPO anchor investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reports name LIC, SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, GIC, BlackRock, Fidelity, Norges Bank, ADIA, QIA, Allianz and Capital Group. None is confirmed yet.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_interest_have_Jio_IPO_anchor_investors_reportedly_shown\"><\/span><strong>How much interest have Jio IPO anchor investors reportedly shown?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> About Rs 2.5 lakh crore of non-binding institutional interest, roughly 8.3 times the Rs 30,213 crore issue by my calculation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_grey_market_premium_for_the_Jio_IPO\"><\/span><strong>What is the grey market premium for the Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the Jio Platforms IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_an_anchor_investor\"><\/span><strong>What is an anchor investor?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> An anchor investor is a qualified institutional buyer that bids a day before the issue opens and is allotted shares at a price within the band, with a lock-in on part of the allotment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_large_can_the_book_for_Jio_IPO_anchor_investors_be\"><\/span><strong>How large can the book for Jio IPO anchor investors be?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Up to 60% of the QIB portion. By my calculation, if the QIB portion is half of a Rs 27,213 crore net issue, the anchor book is at most about Rs 8,164 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Rs_25_lakh_crore_figure_confirmed\"><\/span><strong>Is the Rs 2.5 lakh crore figure confirmed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is described as non-binding, preliminary demand from unnamed sources, so it is not a subscription figure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_is_anchor_bidding_for_the_Jio_issue\"><\/span><strong>When is anchor bidding for the Jio issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Today, Monday 19 October 2026. The public issue runs from 21 to 23 October, allotment is on 26 October and the listing is tentatively on 28 October.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Who are the reported Jio IPO anchor investors?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Reports name LIC, SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, GIC, BlackRock, Fidelity, Norges Bank, ADIA, QIA, Allianz and Capital Group. None is confirmed yet.\"}},{\"@type\":\"Question\",\"name\":\"How much interest have Jio IPO anchor investors reportedly shown?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"About Rs 2.5 lakh crore of non-binding institutional interest, roughly 8.3 times the Rs 30,213 crore issue by my calculation.\"}},{\"@type\":\"Question\",\"name\":\"What is the grey market premium for the Jio IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the Jio Platforms IPO that is not endorsed by SEBI, NSE, or BSE. 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The public issue runs from 21 to 23 October, allotment is on 26 October and the listing is tentatively on 28 October.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jio IPO anchor investors reportedly include LIC, mutual funds and global funds; see the Rs 2.5 lakh crore claim, the anchor book maths and what it means.<\/p>\n","protected":false},"author":34,"featured_media":315486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[13107,13105,8347,13106,5351,13108,613],"class_list":["post-315492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-anchor-book","tag-jio-ipo-anchor-investors","tag-jio-platforms-ipo","tag-lic-jio-ipo","tag-mainboard-ipo","tag-qib","tag-reliance-jio"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["315486"],"rank_math_title":["Jio IPO Anchor Investors: LIC, MFs and Global Funds Eye Issue"],"rank_math_description":["Jio IPO anchor investors reportedly include LIC, SBI MF, GIC, BlackRock and Norges Bank, with about Rs 2.5 lakh crore of non-binding interest. See the anchor book maths."],"rank_math_focus_keyword":["Jio IPO anchor investors"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/jio-ipo-anchor-investors-lic-mutual-funds-and-global-investors-eye-the-issue.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/315492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=315492"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/315492\/revisions"}],"predecessor-version":[{"id":315493,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/315492\/revisions\/315493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/315486"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=315492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=315492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=315492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}