作者：Baiju Kalesh、P R Sanjai和Manuel Baigorri。据知情人士透露，Jio Platforms有限公司的首次公开募股已吸引超过200亿美元的认购，这有望成为印度有史以来规模最大的IPO。
By Baiju Kalesh, P R Sanjai and Manuel Baigorri Jio Platforms Ltd. has drawn more than $20 billion in bids for what could be India’s biggest-ever initial public offering, according to people familiar with the matter.
上述人士称，包括富达投资、安联集团和资本集团在内的全球投资者，以及其他国际和本土企业均对此次IPO表现出浓厚兴趣。由于信息尚属机密，这些人士要求匿名。
Global investors including Fidelity, Allianz and Capital Group, as well as other international and local firms have indicated interest in the IPO, some of the people said, asking not to be identified because the information is private.
据悉，IPO的基石投资者名单预计将在近日最终确定。目前相关流程仍在进行中，尚未作出最终决定。
A final list of IPO anchor investors will likely be decided in the coming days, the people said, adding that the process is ongoing and no final decisions have been made yet.
Jio的母公司信实工业有限公司及富达投资的代表均未回应置评请求。安联集团与资本集团也拒绝发表评论。
Representatives for Jio’s parent Reliance Industries Ltd. and Fidelity didn’t respond to requests for comment. Allianz and Capital Group declined to comment.
此前市场预期Jio Platforms的估值最高可达1700亿美元，而今据知情人士透露，该公司此次IPO的目标估值则定在10.3万亿印度卢比（约合1080亿美元）。
After earlier expectations reached as high as $170 billion, Jio Platforms is now aiming for a valuation of as much as 10.3 trillion rupees ($108 billion) in the IPO, people familiar with the matter have said.
34岁的Jio Platforms总经理阿卡什·安巴尼是亿万富翁穆克什·安巴尼之子。近几周来，他亲自率队辗转香港、伦敦和纽约开展路演。据现场人士透露，投资者们就估值目标以及公司如何对各类数字服务及平台收费等问题向阿卡什·安巴尼及其团队进行了详细询问。此次IPO预计将于下周启动，并在10月30日前完成发行。
Akash Ambani, the 34-year-old managing director of Jio Platforms and son of multibillionaire Mukesh, has been leading the deal with meetings from Hong Kong to London and New York in recent weeks. According to people in attendance, investors pressed Ambani and his team on the valuation target and how the company plans to charge for digital services and various platforms. The share sale is expected to open next week for an IPO before Oct. 30.
招股说明书草案显示，由于本次发行属于纯粹的增发性质，Meta平台公司、Alphabet公司、穆巴达拉投资公司和沙特阿拉伯公共投资基金等Jio Platforms的所有现有投资方均无在本次发行中退出的计划。
None of Jio Platforms’ investors, which include Meta Platforms Inc., Alphabet Inc., Mubadala and Saudi Arabia’s Public Investment Fund, are looking to exit in the IPO, as the offering is entirely a primary issue, the draft prospectus shows.
据彭博社测算，若以定价区间上限计算，此次IPO预计可为Jio Platforms筹集约3020亿印度卢比。迄今为止，印度规模最大的IPO是现代汽车在当地的子公司于2024年完成的发行，当时募资额约为2790亿印度卢比。
At the upper end of the price band, Jio Platforms’ IPO would raise about 302 billion rupees , according to Bloomberg calculations. India’s biggest IPO to date was by Hyundai Motor Co.’s local unit, which raised about 279 billion rupees in 2024.