An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client’s agent in the issuance of securities eg: IPO/ FPO work is handled by investment banks. An investment bank also assist companies in mergers and acquisitions, and provide ancillary services such as market making, trading of derivatives, fixed income instruments, foreign exchange, commodities, and equity securities.
The following is the list of major indian investment banks based out of India.
Avendus is an investment bank based in India with offices in Mumbai and Bangalore. The firm was founded in 1999 by three investment bankers Ranu Vohra, Gaurav Deepak and Kaushal Kumar, who had worked for large global financial institutions and wanted to offer knowledge and research oriented capital raising and M&A solutions to international firms with a strong India connection.
website url : http://www.avendus.com
Bajaj Capital’s Investment Banking Service is a step ahead in that direction.Bajaj Capital offers you unparalleled capital raising solutions for your business. With over 120 offices in 50 cities all over the country and a network of over 10,000 Advisor Associates, we can connect you to potential investors all over the country.
website url : http://www.bajajcapital.com
Barclays unveiled its Global Retail and Commercial Banking division in India over the past year as part of its plan to be a leading global bank. In a very short time, Barclays is already making waves in one of the world’s fastest growing countries.
web site url : http://www.barclays.in
Cholamandalam Investment & Finance Company
Cholamandalam Investment & Finance Company Limited is the financial services arm of the USD 880 million Murugappa Group. Incorporated in 1978, it is one of the leading Financial Services Company in the country. The products and services include vehicle finance, capital market finance, mutual funds, securities broking, depository services, and insurance and distribution services.
web site url : http://www.cholamandalam.com/
ICICI Securities Ltd
A subsidiary of ICICI Bank – the largest and most recognized private bank in India ICICI Securities Ltd is premier Indian Investment Bank, with a dominant position in its core segments of its operations – Corporate Finance including Equity Capital Markets Advisory Services, Institutional Equities, Retail and Financial Product Distribution.
web site url : http://www.icicisecurities.com/
ICRA Limited (an Associate of Moody’s Investors Service) was incorporated in 1991 as an independent and professional company. ICRA is a leading provider of investment information and credit rating services in India. ICRA’s major shareholders include Moody’s Investors Service and leading Indian financial institutions and banks.
web site url : http://www.icra.in
IDFC’s mission is to be the financier and advisor of choice for infrastructure in India. IDFC is positioned as a special financial institution which is focused on project finance and investment banking activities in infrastructure. Going forward, IDFC will focus on establishing stable fee revenues from innovative infrastructure initiatives in financial markets, asset management, project development and advisory along with growing its balance sheet at a significant pace.
web site url : http://www.idfc.com/
IDFC Private Equity
IDFC Private Equity (IDFC PE) was set up in 2002 as a 100% subsidiary of the Infrastructure Development Finance Company (IDFC). IDFC PE manages two funds with a current corpus of INR 1,734 crore (USD 400 million). – India Development Fund and IDFC Private Equity Fund II. Both these funds provide growth capital to promising enterprises in the area of infrastructure in India.
web site url : http://www.idfcpe.com/
Industrial Development Bank of India
The Industrial Development Bank of India (IDBI) was established in 1964 under an Act of Parliament. It was initially set up as a wholly owned subsidiary of the Reserve Bank of India (RBI) with a mandate of providing credit and other facilities for balanced industrial development. In 1976, the ownership of IDBI was transferred to the Government of India and it was accorded the status of principal financial institution in the country for co-ordinating the working of institutions, engaged in financing, promoting and developing industry, and also assisting in the development of such institutions. Following amendment to IDBI Act in October 1994 to permit public ownership up to 49% of its issued capital, IDBI went in for a public issue in July 1995. The shareholding of Government of India in IDBI currently stands at 58.47%.
web site url : http://www.idbi.com/
Industrial Finance Corporation of India (IFCI)
IFCI, the first Development Finance Institution in India, was set up in 1948, as a Statutory Corporation, to pioneer institutional credit to medium and large industries IFCI was also the first institution in the financial sector to be converted into a Public Limited Company. IFCI’s record of performance has broadly run parallel to the course of industrial and economic development of the nation. IFCI’s principal operations include – Project financing, Financial services & Comprehensive corporate advisory services.
web site url : http://www.ifciltd.com/
Kotak Investing Banking
Kotak Mahindra Capital Company (KMCC) helps leading Indian corporations, banks, financial institutions and government companies access domestic and international capital markets. KMCC has the most current understanding of investor appetite, having been the leading book runner/lead manager in public equity offerings in the period FY 2002-06.
web site url : http://www.kmcc.co.in
Kotak Mahindra Capital Company
As a full service Investment Bank, Kotak Investment Banking’s core business areas include Equity Issuances, Mergers & Acquisitions, Advisory Services and Fixed Income Securities and Principal Business.
web site url : http://www.kmcc.co.in/
SBI Capital Markets
SBI Capital Markets Ltd. is amongst the oldest players in the Indian Capital Market, offering an entire range of Investment Banking Services. With strong fund mobilization strengths, we are one of the leading players in the areas of fund raising through Capital Market Issues / Private Placement.
web site url : http://www.sbicaps.com/
S.E Investments Limited
SEIL’s philosophy on corporate governance envisages commitment to ensure customer satisfaction through better services. The company is committed to good corporate governance & continuously reviews various relationship measures with a view to enhance shareholder’s value. SEILprovides detailed information on various issues concerning the company’s business and financial performance. SEIL respects the rights of its share holders to information on performance of the company and believes that the best corporate governance promotes transparency and helps mitigate the risks associated with the business.
web site url : http://www.seil.in
Small Industries Development Bank of India
Small Industries Development Bank of India (SIDBI) was established in April 1990 under an Act of Indian Parliament. SIDBI has completed 12 years of service to the small scale sector. Consequent upon, amendment in the SIDBI Act, the Bank has been delinked from SIDBI with effect from March 27, 2000. The SIDBI (Amendment) Act, 2000 has changed the provisions relating to capital structure, share holding pattern, management, business, borrowings, etc. The amended Act provides for divesting of 51% of the equity share capital of Rs.4.5 billion Subscribed and held by IDBI in favour of Life Insurance Corporation of India, General Insurance Corporation of India, Public Sector Banks and other Institutions owned or controlled by the Government of India.
web site url : http://www.sidbi.com/
SSKI is a leading India-based financial services group that offers Institutional Equities and Investment Banking services. SSKI Investment Banking is a full-service investment bank with a strong research bias. Our team members bring deep domain knowledge, spanning a number of sectors, that we are able to leverage to meet the varied corporate finance needs of our clients. We provide a full range of services, from private placements of equity and debt, public offerings, project advisory to mergers and acquisitions.
web site url : http://www.sski.co.in/
Tata Investment Corporation Limited (TICL)
TICL is a non-banking financial company (NBFC) registered with the Reserve Bank of India under the ‘Investment Company’ category. The company’s activities comprise primarily of investing in long-term investments in equity shares and other securities of companies in a wide range of industries. The major sources of income for the company consist of dividend income and profit on sale of investments.
web site url : http://www.tata.com/tata_investment/
UTI Securities Ltd
UTI Securities Ltd., was promoted as an independant professional entity in June 1994. With the repealing of Unit Trust of India (UTI) Act, the entire share capital of UTISEL is now held by Administrator of specified undertaking of Unit Trust of India since 1st February 2003. UTISEL has been providing all kinds of Investment related activities which include investment banking and corporate advisory services.
web site url : http://www.usectrade.com/
Yes Bank’s Investment Banking group is involved in the identification, structuring and execution of transactions for our clients in diverse industries and geographies. Some of the typical transactions include mergers & acquisitions, divestitures, private equity syndication and IPO advisory.
web site url : http://www.yesbank.in