Watermark
Go to Global edition

Sebi ECM reforms to trigger a slew of stake sales

The Securities and Exchange Board of India (Sebi) has made some much-needed changes to its ECM rulebook, which bankers say will wake up the country’s equity market and keep it busy for the next three years, writes Rashmi Kumar.

  • By Rashmi Kumar
  • 26 Jun 2014
As part of its measures, the regulator is making it mandatory for all state-owned companies, also called public sector undertakings in India, to have a minimum float of 25%. Previously, only private companies were required to have a minimum 25% float, while PSUs could get away by listing ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
Excludes PPs. Click for full table
1 Bank of China (BOC) 26.36
2 China Merchants Bank Co 12.87
3 Industrial and Commercial Bank of China (ICBC) 12.51
4 China Merchants Securities Co 8.85
5 Agricultural Bank of China (ABC) 5.36

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $b No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 CITIC Securities 15.88 77 7.31%
2 China International Capital Corp Ltd 15.81 73 7.28%
3 Goldman Sachs 14.92 63 6.87%
4 UBS 13.28 92 6.12%
5 Morgan Stanley 12.71 67 5.85%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $b No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 32.67 291 8.26%
2 Citi 25.59 178 6.47%
3 JPMorgan 18.24 136 4.61%
4 Standard Chartered Bank 18.16 184 4.59%
5 Bank of America Merrill Lynch 15.32 112 3.87%

Asian polls & awards

  • Finance Minister of the Year, CEE

    Djamshid Kuchkarov, Uzbekistan

  • GlobalCapital China Capital Market Awards 2019: open for submissions

    GlobalCapital China is pleased to invite you to participate in the GlobalCapital China Capital Market Awards 2019. Inaugurated last year under the GlobalRMB banner, the awards celebrate the accomplishments of the leading players in the renminbi debt capital markets, onshore and offshore, as well as key service providers.

  • Last chance! GlobalCapital Asia Capital Market Awards 2019

    GlobalCapital Asia is pleased to invite pitches for our annual capital markets and investment banking awards, which reward the most impressive transactions and investment banks of 2019.

  • GlobalCapital reveals SRI Award nominations

    GlobalCapital has published the nominations for its Sustainable and Responsible Capital Markets Awards. The winners will be announced on September 17, at our Awards Ceremony in Amsterdam.

  • GlobalCapital SRI Awards: poll extended

    In response to requests from market participants, GlobalCapital has extended the closing date of its poll to determine the 2019 winners of its Sustainable and Responsible Capital Markets Awards. Market participants can now vote until July 26.