Jio leverage play pops up at SBI as India brokers lure IPO bets

SBI Securities has launched an exciting financing option for the highly anticipated IPO of Jio Platforms Ltd. Investors can secure up to 60% funding for their subscriptions, with the IPO set to open for bids on October 21. The impressive demand already seen indicates a surge in interest, prompting several brokerages to engage new clients. This event could usher in a wave of new investors into the market.

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