# BlackRock, GIC among investors chasing Indian telecom major Jio's IPO as anchor bids top $26 billion

- Source: CNBC
- Published: 2026-10-20T02:44:35+00:00
- Category: Markets
- Original: https://www.cnbc.com/2026/10/20/jio-ipo-gic-blackrock-.html
- Canonical: https://groundlevelnews.com/story/blackrock-gic-among-investors-chasing-indian-telecom-major-jio-s-ipo-a-bdf294/

Jio Platforms plans to raise up to $3.2 billion through an IPO, which is India's largest ever in rupee terms, but the second largest in dollar terms.

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