Professional Documents
Culture Documents
Merchant Banking
Merchant Banking
Presented by Group-8 ChandrasekharDas(10202152) Pratik Dasgupta ( 10202153) Tonoy Banerjee(10202156) Madhusudan Palo(10202177)
of issue management either by making arrangement regarding selling, buying or subscribing as manager, consultant advisor or rendering corporate advisory services in relation to such issue management.
History
In 1967 first formal merchant bank was established :
Grindlays bank.
In 1972 first Indian bank start to merchant banking (SBI).
Function
Issue management Underwriting Project appraisal Project finance Corporate counseling.
Types of issue
IPO FPO Right issue Preferential Issue.
Classification
Category 1
To carry on the activity of issue management & to act as an advisor, consultant manager, under writer, portfolio manager
Category 2
To act as an advisory consultant, underwriter and portfolio manager.
Category 3
To act as an advisor, consultant to an issue.
Category 4
To act as an advisor or consultant
No Requirement
Organizational structure
CEO/MD
VP(fixed income)
GM
CS and lawyers
GM
TEAM leaders
Team leaders
Foreign Banks
Indian Banks
Financial Institutions
Subsidiary Institutions
group of companies.
Well diversified business in financial services industry like broking ,
merchant banking
Headquartered in Mumbai, India. Market capitalization is Rs. 26.2 billion, or roughly US$560 million. Net worth is Rs. 1618 crores.
Achievements
Won number of awards: 2011- IFLR India Awards and Morning Star Fund Awards (
house)
2008-outlook Money NDTV profit award ( merchant banker)
Securities Exchange Board of India (SEBI). believe in ensuring good corporate governance and wealth maximization of company as well as the stake holders along with compliance and transparency.
Product Portfolio
Managing Initial Public Offerings and Follow-on Public
offerings and Offers-for-Sale. Managing Rights Offering, be it the traditional or the structured formats. Open offers and Buyback Arranging Promoters contribution in new projects, expansion restructuring or dilution of stake from Venture Capital or other Private Equity player. Offerings of convertible securities. Public offering of Corporate structured bonds.
Latest On PNBSIL
PNB to help doctors become entrepreneurs - PNB
Investment Services Ltd. will provide the services. Taksheel Solutions files IPO papers with SEBI - PNB Investment Services Ltd is BRLM.
Investment Services Limited has been awarded AMITY Leadership Award for sectoral excellence in investment banking by AMITY Business School on the occasion of the 6th Global Leadership Summit.
Conclusion
There are approx 1200 Merchant Bankers in the
country out of which SEBI has granted registration to 790. The growth of the capital market in 90s is due to key role played by Merchant banking divisions. They do dominate the market in providing professional service to corporate sector. The future growth of the capital market depends on financial service available to corporate sectors.