Jio Platforms' initial public offering has attracted institutional demand of about Rs 2.5 lakh crore, with global asset managers, sovereign wealth funds, domestic mutual funds and insurers among investors seeking a stake in the Reliance Industries subsidiary ahead of its stock market debut.

The company's Rs 8,110-crore anchor book drew demand of more than 30 times the amount on offer, according to figures provided for the transaction, sources privy to the development said.
The scale of interest highlights the institutional appetite for the telecom and digital services business as it prepares for a separate listing.