Monday, Jan 21 2019 | Time 19:23 Hrs(IST)
image
  • Mehul Choksi surrendering his passport reflect failed promises by PM Modi: Cong
  • Delhi Govt must come out with White Paper on manual scavenging: Vijender Gupta
  • 50-yr-old man murdered over illicit relations in Nagpur
  • More snowfall in high reaches of HP, cold wave intensified
  • Delhi Chief Secy visits DCW
  • CM issues letter to set-up HC bench in Kolhapur; decades-long agitation laid to rest
  • CM appeals to improve school conditions on statehood day
  • Seven gamblers arrested, stake money recovered in Kashmir
  • First phase polling of Telangana Panchayat elections ends, counting begins
  • SAD demands high level probe in Patiala MC corruption scandal
  • Clarification on investment accrued by Gujarat since 2014-15 in Textile Sector
  • Gadkari launches 39 NH projects in Andhra
  • Mah govt has failed to resolve drought crisis: Munde
  • Rainy day in Delhi, max at 22 6 deg C
  • Knowledge a 'double-edged' sword : Rajnath
Business Economy Share

IIFL ranked No. 1 Banker for Equity Issuances for private sector companies in FY18

Mumbai, Jun 14 (UNI) IIFL Holdings Ltd (IIFL) has been ranked no 1 in equity issuances for private companies for the financial year 2017-2018,as per Prime Database Investment Bankers League table for
FY 2017-18.
During the financial year 2017-18, IIFL completed twenty seven investment banking transactions including eleven IPOs (Initial Public Offers) and eight follow-on transactions involving listed companies which catapulted it to the top rank as per Prime Database investment banking league tables on the basis of equity raised for private sector companies., a release said.
IIFL on an aggregate basis raised about Rs 48,000 crores of capital in the year 2017-18.
IIFL has been the preferred banker for most marquee deals in India in the last financial year. The list of IPOs includes ICICI Lombard General Insurance, HDFC Life, Reliance Nippon Life Asset Management, Future Supply Chain, Shalby Multi-Speciality Hospitals, Indian Energy Exchange, Security & Intelligence Services, Dixon Technologies and Capacite Infraprojects.
IIFL was the banker for the largest QIPs like SBI, HDFC, Federal Bank, Deepak Nitrite and Vardhaman Special Steels Ltd. It also managed the rights issue for Karur Vysya Bank and the first InvIT in India for IRB.
Mr. H. Nemkumar, President- Institutional Equities & Investment Banking at IIFL commented on this milestone, "We have leveraged our strong distribution platform across institutional, wealth and retail
segments to build a robust investment banking business. A key hallmark of our growth has been repeat clients. We believe in hand holding clients and working with them across their life cycles to provide the right advice. We service clients across the size spectrum covering mega caps, mid-caps and even smaller companies.
Our research is ranked highly in the internal rankings of leading institutional investors and we cover close to 250 stocks in the listed space. We are empanelled with more than 400 institutional investors both in India and globally."
Mr. Nipun Goel Head- Investment Banking added, ''We offer strong senior management commitment to our clients which results in superior understanding and execution performance. While FY18 was a landmark year taking us to leadership, we continue to have a substantial pipeline of transactions which are at various stages of
execution. As India’s economic growth accelerates, we shall witness a large number of high quality promoters tapping the capital markets.''
IIFL Holdings Ltd (IIFL) is a category I Merchant Banker and a part of leading diversified financial services group and is engaged in Investment Banking, Securities dealing, Wealth & Asset Management and Loans & Mortgages.
UNI JS JW1646
More News
Maxxis Tyres joins hands with Honda Motorcycle for tyres retailing

Maxxis Tyres joins hands with Honda Motorcycle for tyres retailing

21 Jan 2019 | 7:21 PM

New Delhi, Jan 21 (UNI) Maxxis India, one of the world's youngest and fastest growing tyre companies, has announced its collaboration with Honda Motorcycle and Scooters India Limited to strengthen its market penetration and customer outreach.

 Sharesee more..

Kottayam-Kochi Rubber Market Rates

21 Jan 2019 | 7:18 PM

Kottayam, Jan 21 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal.

 Sharesee more..

Jawa Motorcycles expands footprint in Delhi-NCR

21 Jan 2019 | 7:14 PM

New Delhi, Jan 21 (UNI) Classic Legends Pvt Ltd announced the launch of its additional Jawa Motorcycles dealerships in Delhi-NCR on Monday.

 Sharesee more..

Clarification on investment accrued by Gujarat since 2014-15 in Textile Sector

21 Jan 2019 | 7:04 PM

New Delhi, Jan 21 (UNI) The Government sanctioned and released Rs 1,855 crore to aid 2109 units through 60 Banks, the Textile ministry issued a clarification on Monday .

 Sharesee more..
1 per cent holds 51 53 pc of the national wealth: Oxfam

1 per cent holds 51 53 pc of the national wealth: Oxfam

21 Jan 2019 | 6:58 PM

New Delhi, Jan 21 (UNI) India added 18 new billionaires last year, raising the total number of billionaires to 119, while their wealth crossed the $ 400 billion (Rs.

 Sharesee more..
image