i-banking fee pool jumps 84% in first 9 months

Equity and equity-linked issuance by Indian companies raised a total of $17.2 billion in the first nine months of 2017

Investment banking fees for equity-linked issuances in the domestic market jumped 84.4 per cent in the first nine months of 2017 over a year ago. Investment banks have pocketed fees of $160.7 million (about Rs 1,050 crore) so far this year, compared with $87 million a year ago, data compiled by Thompson Reuters show. The increase in the fee pool has been on the back of a 2.4-fold rise in equity-linked issuances. 

 

Equity and equity-linked issuance (ECM) by Indian companies raised a total of $17.2 billion in the first nine months of 2017, while the number of