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

The post Jio IPO Today: 19 Lead Managers Shared Just ₹196.2 Crore, 60% Less Than Hyundai appeared first on Coinpedia Fintech News

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, whose ₹30,213 crore offer is about 8% larger, paid its bankers only ₹196.2 crore, equal to 0.65% of the issue. That pool was split among 19 lead managers, …