Jio’s record India IPO falls short of record payday for bankers

India’s Biggest Share Sale Isn’t Bringing Bankers a Record Payday

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Jio’s record India IPO falls short of record payday for bankers

Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment banks kept fees relatively low at around 0.65% of the issue size.

Jio IPO Today: 19 Lead Managers Shared Just ₹196.2 Crore, 60% Less Than Hyundai

Hyundai Motor India paid ₹493 crore to its five book-running lead managers for a ₹27,870 crore IPO in 2024, or 1.77% of the issue size. Jio Platforms,

Mukesh Ambani’s son Akash leads $3.2B Jio IPO

Akash Ambani, eldest son of billionaire Mukesh Ambani, led the pitch for Jio's $3.2 billion IPO, India's most subscribed share sale, before Wednesday's listing.