Merchant Banking

Rs 227 crore: Total cost for making HDB Financial Services a listed entity

The cumulative expense includes Rs 104 crore, which merchant bankers earned as fee for managing the IPO

Merchant bankers earn more than Rs 220 crore as IPO fees in May

The month of May saw a revival of sorts of the primary market with three main board IPOs — Schloss Bangalore (Leela Hotels), Aegis Vopak Terminals and Belrise Industries.

DAM Capital: Will the IPO strike a deal with investors?

It is a relatively cheaper option to play the IPO rush in the equity markets

Axis Bank clarifies Sebi order on ACL only for new merchant banking assignments, other ops unaffected

In an interim order issued on September 19, Sebi has asked ACL to reply within 21 days to the observations made in the order.

Merchant bankers may soon need to earn a minimum amount from IPO-related activities; Sebi suggests overhaul of regulations

The market regulator has released a consultation paper on August 28 with various suggestions

YES Securities to surrender merchant banking license, transfer business to Yes Bank

The Bank said the decision, made during a Board Meeting on January 27, 2024, is set to take effect from January 1, 2024.

Rashesh Shah: Every setback is opportunity to recalibrate

Edelweiss Group's Rashesh Shah recalls the crises he faced in setting up his business, and how he turned them into opportunities.

Dhanlaxmi Bank to raise Rs 200cr via QIP in March

Thrissur-based Dhanlaxmi Bank is set to launch its qualified institutional placement issue aimed at mopping up Rs 200 crore capital before the month ends. The bank's capital adequacy ratio currently stands at around 11.58%, which will be nearly 14% after the fund raising.

ABN AMRO seeks India bank licence: Report

Dutch state-owned bank ABN AMRO has applied to the Reserve Bank of India for a licence to open a branch in the country, the Mint reported on Friday citing four people familiar with the development.