Mukesh Ambani's $3.2 billion Jio ​Platforms IPO has drawn bids from ​institutions including GIC, BlackRock and Fidelity, ‌totaling almost 30 times the quota reserved for anchor investors, a person with direct knowledge said.

The telecoms, cloud and AI group on Monday opened its record initial public offering to institutional investors who can bid for up to 30% of the ‌offering reserved exclusively for them, before the issue opens for public subscription on Wednesday.

Jio Platforms is set to raise up to $3.2 billion at a valuation of $108.3 billion in what will be ​India's biggest ever IPO.

Fidelity, Singapore's GIC, Abu Dhabi Investment Authority ‌and BlackRock were among the investors to place bids for ​the ‌institutional quota, the person told Reuters.

Reliance, which is ‌the ultimate owner of Jio Platforms, did not respond to a Reuters ‌request for ​comment.

ADIA, BlackRock, ​Fidelity and GIC did not immediately respond to Reuters requests for comment.