India in the capital markets

India’s capital markets have been an outlier this year, with pace of issuance building across both equities and the debt markets as companies take advantage of a turnaround in sentiment. The country has benefitted mainly from rising oil prices, while China’s economic pains have also provided India some gains. There are challenges to overcome, but there is surely more to come from the south Asian country. 

To keep up to date with the Indian markets take a free trial to GlobalCapital and have all the latest news and data at your fingertips.

                                                  

GlobalCapital Asia is a leading news, opinion and data service for people and institutions using and working in the Indian and international capital markets. Providing you with clearly-voiced, lively coverage based on the comments of those who work in them, together with a wealth of transaction data and archive material. 

Take a look at some of our most recent news and data from the Indian markets.

  • Blackstone acquisition loan for Mphasis enters general

    A $405m loan for Blackstone’s acquisition of Indian fintech firm Mphasis has entered general syndication, a couple of months after the borrower expanded the lending group in the senior phase.

    • 18 Aug 2016
  • Banks pitch for NBCC Rp22bn stake sale

    A group of Indian and international banks have signed up to manage the government’s sell-down of NBCC India, which is set to be worth around Rp22bn ($328.5m), a source familiar with the matter said this week.

    • 17 Aug 2016
  • IRFC on track for Masala bond next month

    State-owned Indian Railway Finance Corp (IRFC) is steaming ahead with plans to issue its maiden offshore rupee-denominated bond in late September.

    • 17 Aug 2016
  • India’s insurance IPO push: best to be prudent

    The Insurance Regulatory and Development Authority of India (IRDA) is looking to make IPOs mandatory for all insurance companies in India that fit the criteria. For some firms, this could be the kick they need to get their act together. But the regulator should be careful about forcing the hands of insurance firms that are not ready for a listing.

    • 16 Aug 2016
  • Banks pitch for India’s Suuti, Hudco sell-downs

    Four banks have been shortlisted by an arm of the Indian government to sell off its stakes in 51 listed and unlisted companies, with the presentations taking place on August 12.

    • 12 Aug 2016
  • Indonesia, India firms seek $125m in loans

    A power plant construction firm from Indonesia and an equipment and infrastructure finance company from India are raising debt worth a collective $125m.

    • 15 Aug 2016
  • Aditya Birla and Grasim merger, BSE hires for IPO

    India’s Aditya Birla Nuvo is planning to merge with Grasim Industries and in the process spin off its financial services business, according to a statement from their parent Aditya Birla Group.

    • 15 Aug 2016
  • India moots compulsory IPOs for insurers

    India’s insurance regulator is proposing to make IPOs mandatory for all insurers that have been in operation for a certain number of years, in a bid to increase their transparency.

    • 15 Aug 2016

                                         

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jan 2017
1 State Bank of India 262.46 3 12.40%
1 Citi 262.46 3 12.40%
3 Standard Chartered Bank 242.57 3 11.46%
4 Mitsubishi UFJ Financial Group 191.19 2 9.03%
4 DBS 191.19 2 9.03%

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 3,599.18 10 11.11%
2 HSBC 1,925.24 7 5.94%
3 Bank of America Merrill Lynch 1,736.50 8 5.36%
4 Itau BBA 916.67 2 2.83%
5 Bradesco BBI 900.00 2 2.78%

                                        

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.01
2 Everbright Securities 16.95
3 Agricultural Bank of China (ABC) 10.59
4 HSBC 6.99
5 Industrial and Commercial Bank of China (ICBC) 6.36

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jan 2017
1 Haitong Securities Ltd 1,602.34 9 13.94%
2 CITIC Securities 1,474.17 4 12.82%
3 China Securities Co Ltd 1,440.03 7 12.53%
4 Bank of China 1,188.86 5 10.34%
5 Guotai Junan Securities Co Ltd 689.79 3 6.00%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jan 2017
1 Citi 2,440.79 8 6.09%
2 HSBC 1,887.35 9 4.71%
3 JPMorgan 1,754.71 7 4.38%
4 Goldman Sachs 1,692.30 4 4.22%
5 Morgan Stanley 1,418.69 3 3.54%

Asian polls & awards

  • China Private Banking Awards 2017

    China’s private banking industry is growing in leaps and bounds. High- and ultra-high-net-worth mainland customers are increasingly mobile, demanding best-in-class service from their financial providers. Banks are adapting to the changing world, rolling out innovative and sophisticated services to their high-end clientele. In recognition of China’s advances in the field, Asiamoney is proud to announce the winners of its awards for best mainland private banks for 2016.

  • Corporate Governance Poll 2016: Time to get serious

    Asia has taken its time in improving corporate governance standards, with experts agreeing on the need for broader action. But Taiwan and Hong Kong firms seem to be moving in the right direction, as shown in the results of this year's Asiamoney Corporate Governance poll. Paolo Danese reports.

  • Best Managed Company Awards 2016: Asia’s finest stand out

    Asiamoney is pleased to present its choices for Asia’s Best Managed Companies in 2016. In a year marked by political and economic upheaval, the region’s best firms and executives impressed on through a combination of factors including financial performance, innovation and strategic execution.

  • Brokers Poll 2016: The right call

    Analysts in Asia are used to dealing with dynamic and unpredictable markets but the events of this year provided a real test of mettle. Against a backdrop of global political upheaval and worsening economic outlook at home, the winners of Asiamoney’s 2016 Brokers Poll have proved they have what it takes to impress their clients.

  • Brokers Poll 2016: HSBC and CLSA take the crown as Asia’s best

    Asia’s brokerages have needed to stay nimble in the face of volatile markets and changing regulation that has tested their industry. HSBC and CLSA are well placed to meet the challenge after coming out top in the Asiamoney Brokers Poll. Peter McGill reports.