Equity Capital Market ECM

India's IPO market is on track to surpass last year's record haul, with fundraising likely to cross Rs 1.6 trillion and the number of issuances hitting their highest level since 2007

Notably, Tamil Nadu accounts for five of the seven projects, while Madhya Pradesh and Andhra Pradesh account for one each

With mega IPOs from Lenskart and Groww ahead, India's record ₹1.6 trillion fundraising looks set to be topped, says Ramchandani

This rise came despite a 16 per cent drop in funds raised, with domestic ECM totalling $25.7 billion compared to a record $30.8 billion in H1 2024

'Issuers and investors recognise the need for balanced pricing rather than short-term gains,' says managing director and head of India Financing Group at Goldman Sachs

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