Equity Capital Market ECM

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

The report said the funds raised through ECM deals fell because deals were of smaller values

IPOs by Indian companies totalled $3.9 billion in the first half of 2021, more than thrice the amount raised from the same period last year

M&A advisory fee down 5.1 per cent to a three-year low of $303 million

This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raised during calendar 2007, according to financial data firm Refinitiv

Lender plans to raise additional tier-I capital of Rs 1,500 crore each in second and third quarters of FY21

ECM underwriting fees stood at $96 million in H1, 6.7% lower than the corresponding period in 2019

Initial public offerings experienced their third consecutive annual decline, totalling $2.5 billion in 2019, down 46.2 per cent from last year

Debt capital market underwriting fees totalled $201.2 million, up 108.7 per cent from a year ago - the best-ever first three quarters since records began in 2000

Equity market fee up 21% even as issuances fall 44% this year