{
  "id": 10818116,
  "title": "Investment banks earn Rs 2,274 crore from 81 mainboard IPOs",
  "url": "https://urgent.news/2026/09/30/investment-banks-earn-rs-2-274-crore-from-81-mainboard-ipos",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T00:10:23.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/ipos/fpos/investment-banks-earn-rs-2274-crore-from-81-mainboard-ipos/articleshow/134576533.cms"
  },
  "original_language": "en",
  "account": "Investment banks have profited substantially from the ongoing IPO boom, earning ₹2,274 crore in fees by managing 81 mainboard initial public offerings (IPOs) valued at ₹1.05 lakh crore in the January-September 2026 period, according to a study by Economic Times (ET). This is a considerable increase from the previous year's ₹2,238 crore earned from 74 IPOs worth ₹85,256 crore. Investment banks generated the highest fees for NSE at ₹186 crore, followed by Manipal Health Enterprises at ₹165.94 crore. The fees earned by investment bankers have varied widely, ranging from 0.05% in SBI Funds Management to 15.6% for Innovision. The average fee has been around 3-4% so far in 2026. July-September saw the bulk of these fees, with a significant portion paid in the September quarter alone.",
  "summary": "During the initial nine months of 2026, investment banks generated fees totaling ₹2,274 crore by managing 81 mainboard IPOs. This figure showcases a notable uptick in both earnings and amounts raised versus last year. The September quarter alone yielded around ₹1,600 crore, highlighting a remarkable rebound in the primary market.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}