投行IPO承销“调价”大揭秘!新规一年,四大收费模式并存!科创板“最贵”,北交所“涨价”

券商中国
Jan 13

IPO承销收费图谱透视。2025年2月15日,《国务院关于规范中介机构为公司公开发行股票提供服务的规定》正式落地,明确叫停了以往按发行规模递增收费比例以及收取上市奖励的做法,券商投行的收费模式由此进入调整期。过去一年,投行收费有哪些变化?以沪深IPO市场作为观察样本,券商中国记者梳理招股书发现,2025年按募资金额进行“阶梯式收费”的案例数量大幅减少,从2023年占比约38%锐减至2025年的6%...

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