The Daily PulseBusiness
Investment banks earn Rs 2,274 crore from 81 initial public offers
Reported by Kunal Bhatia (Senior Writer) · Economic Times - Markets ·
Reported by one source so far
Representative image · Wikimedia CommonsInvestment banks earned fees totaling 2,274 crore rupees by managing 81 mainboard initial public offers in the first nine months of 2026. This amount shows a clear rise in both total earnings and money raised compared to the previous year. The September quarter alone brought in about 1,600 crore rupees, which points to a strong return for the primary market.
Leading Exchange
The National Stock Exchange generated the highest fees for investment bankers, reaching 186 crore rupees.
Context
Initial public offers are how private companies sell shares to the public for the first time to raise money. Investment banks help manage these share sales and earn fees for their work. A busy primary market means many companies are looking to raise funds from public investors.
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