Jio IPO delivers smaller payday for bankers than other mega offerings

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 (…)