Economic TimesLean R·
IPO-bound companies defer launches to avoid Jio mega issue
Mumbai: Jio Platforms' ongoing mega IPO appears to have prompted various IPO-bound companies to heed an old market adage: Don't stand in front of a freight train. Many of these firms are said to have pushed back the launch of their share sales to avoid clashing with Jio's ₹30,213 crore issue, India's largest ever, amid concerns that its sheer size would dominate investor attention and take away a large portion of the market liquidity.Jio Platforms' IPO is open for subscription from October 21 t…
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