Jio Platforms Said to Draw Over $20 Billion in Bids for IPO

Jio Platforms Ltd., the digital arm of Reliance Industries, has attracted more than $20 billion in bids for what could be India's biggest-ever initial public offering, according to people familiar with the matter. Listing details and timing have not been disclosed.

• Bids for Jio Platforms' IPO topped $20 billion
• The offering could be India's largest IPO on record
• Jio Platforms is the digital unit of Reliance Industries