# Jio IPO delivers smaller payday for bankers than other mega offerings — retained record

> Retained news record from news:india-et-markets.

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-10-27 00:24 ingested 2026-10-27 02:57

[original source ↗](https://economictimes.indiatimes.com/markets/stocks/news/jio-ipo-brings-a-smaller-payday-for-bankers-than-other-large-offers/articleshow/135222126.cms)

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Jio Platforms had appointed 19 bankers for the issue, which was fully subscribed within the first 100 minutes of opening on the first day and received more than 22 times subscription by the close. Its shares are scheduled to list on Wednesday.
Read more: Tata Consumer Q2 Results: Net profit rises 16% YoY to Rs 470 crore, revenue up 14%
One 97 Communications and Tata Capital, which raised ₹18,300 crore and ₹15,512 crore, respectively, paid banker fees of ₹324 crore and ₹159 crore, equivalent to 1.77% and 1.03% of their respective issue sizes.
Read more: The Rs 1.5 lakh crore MTF problem: How shrinking leveraged positions are deepening India's smallcap sell-off
HDB Financial Services, LG Electronics India and Swiggy paid fees to investment bankers equivalent to 0.83%, 1.94% and 2.42% of their respective issue sizes.
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(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
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