JM Financial leads investment banking tables as equity deals jump
In short
JM Financial, ICICI Securities and SBI Capital Markets were the top domestic investment banks in H1 FY27, according to publisher summaries. The market saw 116 IPOs and QIPs, and the amount raised rose 40% to nearly Rs 1.7 lakh crore.
This points to a busy fundraising market for banks and issuers. The reporting does not give each bank’s exact share or the details behind the rankings.
What the reporting says
Domestic investment banks led by JM Financial, ICICI Securities and SBI Capital Markets handled strong equity fundraising in H1 FY27, according to publisher summaries from Economic Times. The period saw 116 IPOs and QIPs, and the equity amount raised rose 40% to nearly Rs 1.7 lakh crore. What is still unknown is the exact league-table ranking methodology and the individual share of each bank.
Why it matters
Domestic investment banks had a strong H1 FY27, with JM Financial, ICICI Securities and SBI Capital Markets leading transactions as 116 IPOs and QIPs raised nearly Rs 1.7 lakh crore, up 40%, according to publisher summaries. The immediate beneficiaries are investment banks and companies tapping equity markets. The report does not specify the ranking method or each bank’s exact contribution.