"I would say Rs 1.5 lakh crore is no longer an anomaly—it’s becoming the baseline for India’s IPO ecosystem," said Krishnaswamy.
An analysis by Axis Capital has shown that April has seen positive returns on 12 occasions in the last 15 years, the most compared to any other month. On the other hand, February has been the bleakest in terms of monthly returns.
The interim order issued in September 2024 had barred Axis Capital from acting as an investment banker in debt market until further orders.
Indus Towers has gained more than 63 percent year-to-date, significantly outperforming the Nifty 50's 7 percent gain during the same period.
Axis Capital is bullish on Mahindra and Mahindra Financial Services has recommended buy rating on the stock with a target price of Rs 380 in its research report dated September 19, 2024.
In an interim order issued on September 19, Sebi has asked ACL to reply within 21 days to the observations made in the order.
According to the regulator's order, a January 2024 article by RA Hemindra Kishen Hazari was the first to flag concerns on this issue
In an interim order issued on September 19, the Securities and Exchange Board of India (Sebi) has also asked ACL to reply within 21 days to the observations made in the order.
Axis Capital is bullish on Mahindra and Mahindra Financial Services has recommended buy rating on the stock with a target price of Rs 350 in its research report dated July 23, 2024.
The two companies plan to use the proceeds to fund capex and growth plans as well as to repay certain borrowings of the company.
The appointments come as veteran dealmaker Atul Mehra looks to strengthen the deal team since he took charge as the MD & CEO of Axis Capital on April 1
Atul Mehra is likely to join rival Axis Capital as its MD and CEO, sources had told Moneycontrol.
Mehra began his career as an analyst at JM Financial in 1991 and is departing after a long tenure of more than 32 years