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