Mukesh Ambani’s mega IPO Reliance Jio is said to set bank fees in line with NSE

Reliance Industries Ltd. is planning a massive IPO for its telecom arm, Jio Platforms Ltd. The company is setting investment banking fees at a competitive 0.65% of the issue size. This move is in line with the National Stock Exchange of India Ltd.’s proposed fees. The Jio IPO could be India’s largest ever.

More To Explore

Accel-backed Rentomojo files for India IPO

Online ​furniture ​rental platform ​Rentomojo has filed for an initial ‌public ⁠offering ⁠in ​Mumbai, according to a ​draft prospectus dated Friday.