Kotak Mahindra Capital Company executed a number of IPOs as Book Running Lead Manager (BRLM) in FY21 and in the first 3 quarters of FY22. Kaushal Shah, ED & Head, ECM (equity capital market), updates: “Kotak has successfully completed 17 IPOs during 1st April 2021 to 31st December 2021 as against 5 IPOs for corresponding period last year.”
ICICI Securities completed 20 IPOs as the BRLM during the current fiscal April to November 2021. Ajay Saraf, Head, Investment Banking & Institutional Equities, claims: “We are number 1 in terms of completed number of IPOs and number 1 in terms of amount of funds raised through IPOs.”
25% GROWTH IN IB FEE
In CY21 Indian investment banking (IB) fee pool for the first time crossed $1 billion, a 20-25% growth over 2020. The rise in fee has been on account of rise in volumes as well as rise in margins. Surge in business has also helped margins improve in the investment banking fee pool. Massive surge in IPOs in CY21, has continued to help in the rise of the Investment Banking (IB) fee pool, as per the Kotak IB report.
This story is from the January 2022 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 2022 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Kamdhenu & Sammrudhi loans top rural customers
Unnayan Bharat Finance Corporation (UBFC) Director & Co-Founder Avneesh Trivedi shares the company's attempts to enhance the rural lending environment & deliver better services to its consumers:
It's going to be a 'world' of CBDCs
Practically, every central bank in the world is testing and readying a CBDC system:
Training for behavioral & social skills is key
3 CHROs from the top BFSI companies in India open up about their training and motivation programs aimed at enhancing employee effectiveness. The story is divided into 4 parts: (i) functional and behavioral training, (ii) manager to leadership training, (iii) learning-based training, (iv) motivational programs:
THE AI COMPASS
Artificial Intelligence has risen to be the hottest topic of discussion today. It is expected to impact everyone, and the impact could exceed that of war, global warming, supply chain disruptions, geopolitics, and much more.
To mentor & coach emerging leaders
Manish Shah, MD & CEO of Godrej Capital, outlines his focus areas today and in the future:
Innovation will unlock India's Mission 'Atmanirbhar’
Sunita Handa is Chairman, Toyota FSIN and Principal Advisor & TLAB Chairman, Protectt.ai Labs. She shares her current activities and her deep insights on innovaiton in an interaction with Manoj Agrawal:
Algorithm is the Boss
Irem Sayeed, Chief Credit Officer at U GRO Capital, dwells into business focus and modernization at the lender:
Fintech and Neobank under the same Umbrella
It was started in 1902 to build what came to be called Israel:
Bajaj Allianz Revolutionizes Employee's HR and IT Experience with WhatsApp, MS Teams, Al and Automation
A productivity booster shot at BALIC:
Small Beginning for a Big Opportunity
AMU Leasing's focus on serving the underserved market of individuals and fleets looking for financing for electric 3-wheelers and 2-wheelers: