Jio IPO Coming Up? SBI Securities Offers Up to 60% Funding

SBI Securities is offering up to 60% financing for applicants in Jio Platforms' IPO, allowing investors to use allotted shares as collateral, as brokerages aggressively pursue clients ahead of the blockbuster offering. Pre-booking and outreach by firms like HDFC Sky, Groww, Zerodha and Angel One aim to capture new retail and employee investors amid strong subscription demand.