📰 ET Stocks ⚪ NEUTRAL 🕒 27 Oct 2026, 05:54 AM IST

Jio IPO brings a smaller payday for bankers than other large offers

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Core Development: Jio IPO brings a smaller payday for bankers than other large offers

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Market & Financial Impact: In a landmark move, Jio Platforms, supported by Mukesh Ambani, successfully secured ₹30,213 crore, marking the largest IPO in India’s history. Investment bankers were rewarded with ₹196 crore in fees, translating to only 0.65% of the total amount raised. In contrast, Hyundai Motor India achieved ₹27,859 crore while paying out a heftier ₹493 crore in fees, which amount to 1.77%.

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The telecom operator paid ₹196 crore in fees to its bankers, equivalent to 0.65% of the ₹30,213 crore issue, India's largest-ever IPO.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Jio IPO brings a smaller payday for bankers than other large offers

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