The firm is also mulling over entering the public markets in FY26 with Rs 7,000 crore of AUM from the present Rs 3,600 crore, cofounder Sanjay Sharma told Moneycontrol.
De-listing Regulations Amended!
The north-focused company was founded by bankers Sanjay Sharma and Vikram Jetley and has already opened four branches in the last six months, it said adding that over 300 enterprises have already been backed by the NBFC.
Speaking to CNBC-TV18, Sanjay Sharma, head of Equity Capital Markets, Deutsche Bank said from retail perspective a 5 percent discount certainly helps.
Deutsche Bank is also a part of Coal India divestment process and expects a good response for that took.
Sanjay Sharma, MD & Head of Equity Capital Markets–India at Deutsche Bank expects private sector to garner USD 1 billion through IPP or OFS going ahead.
Sanjay Sharma, MD & Head of Equity Capital Markets, Deutsche Bank said 55 to 60 percent of the takers were foreign institutional investors (FIIs) and the remaining interest came in from domestic retail as well as non-institutional players.
IDBI Intech, the software subsidiary of state-run IDBI Bank, today said it plans to grow into a full-fledged banking software and services firm with a Rs 500-crore turnover over the next five years.
Fund raising can some times be a complex issue. On CNBC-TV18's show Informed Investor, Mitali Mukherjee helps you sort out all doubts pertaining to the matter�Why does a company need to raise funds? How do they do it? And, how do you participate as an investor in that fund raising process?