Equity Capital Market ECM

The expansion plans at Rothschild follow a surge of initial public offerings in the Indian stock market

Citi topped the ECM league table as it handled $3.3 billion worth of proceeds and garnered a market share of 11.3 per cent

The telecom operator has paid Rs 287 cr to three bankers, second-most ever

Murugaiyan, who oversaw close to a dozen ECM deals in 2023, says large sell-downs by private equity (PE) firms show the depth of the domestic market

On a year-to-date basis, Citi has overseen ECM deals worth $4 billion, with a 14 per cent market share - ranking number one on the India ECM league table

ECM proceeds jumped fivefold from the first quarter of the previous year when 70 deals worth $2.8 billion were launched

Top performers poised for bonus payouts equalling 1.2x annual pay

One takeaway from last year is that most IPOs returned money to the investors, S Ramesh, Managing Director and CEO, Kotak Investment Banking, said

The equity capital market (ECM) underwriting fees reached $343.5 million, a 68 per cent rise from a year ago. ECM fee includes the fee from IPOs and follow-on offers

Homegrown JM Financial's ranking has risen this year in the league tables for ECM activity amid rising deals in the small and midcap space

These transactions encompass initial public offerings (IPOs), block deals, and qualified institutional placements (QIPs)

ECM activity down 15% in India even as globally it grows 19%, shows data

Gets success recipe right by brokering $1.9-bn Adani-GQG deal

Natarajan is due to join the Japanese firm's Indian unit in the coming months, the sources said, declining to be named as the hiring decision is not public

Natarajan is due to join the Japanese firm's Indian unit in the coming months, the sources said, declining to be named as the hiring decision is not public

Interestingly, in 2022 India also broke into the top-five league in terms of market capitalization

Given the tightening liquidity conditions and higher cost of borrowings, corporates with a weak credit profile are likely to tap a loan against shares facility to meet their funding requirements

Even some big-ticket deals such as the LIC IPO did not generate higher fees

This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture.

The country is the fourth biggest profit centre for the UK-headquartered lender, after Hong Kong, the UK and Mainland China, according to an official statement