You are here: Home » Markets » News
Business Standard

Equity League tables: Citi, Axis take honours

IPO fundraising in 2017 was the highest-ever at Rs 76,235 crore

Topics
Equity Market

Samie Modak 

Axis Bank

Citibank and Axis Bank have bagged the top honours for equity capital-raising in 2017. US-based Citibank has been the leader for overall equity capital market (ECM), while the home-grown one has topped the league table for initial public offerings (IPOs). According to Bloomberg data, Citi has managed 22 deals worth Rs 22,000 crore and cornered nearly 12 per cent market share. Kotak Mahindra Bank is ranked second both on ECM and IPO league tables. Axis Bank is ranked third on ECM league table. Notably, UBS and Edelweiss have seen a substantial improvement in their rankings compared to last year. IPO fundraising in 2017 was the highest-ever at Rs 76,235 crore. Overall equity-raising, too, rose three times to Rs 1.97 lakh crore.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, December 29 2017. 00:42 IST
RECOMMENDED FOR YOU
.