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Indian investment bankers tighten grip over the league table

ICICI Securities, Axis, Kotak among top 5 managers of equity issuances

banks, Bank league table
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Illustration: Binay Sinha

Sundar Sethuraman Mumbai
Indian investment bankers have consolidated their hold over the league table of managers of equity offerings, with ICICI Securities jumping eight positions to claim the top spot and domestic firms accounting for three of the top five positions thus far in 2021.

ICICI Securities has a 10.5 per cent market share and has so far managed 28 deals worth Rs 13,359 crore, according to Bloomberg data. It is followed by BofA Securities, Citi, Axis Bank, and Kotak Mahindra Bank.

Axis Bank and BofA Securities have retained their places in the top 5 while JP Morgan, which topped the league tables last year,

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