Kotak Investment Banking, the investment banking joint
venture between Kotak Mahindra Bank and Goldman Sachs,
has won four international awards in recent weeks, underpinning
its reputation as India''s leading investment bank.
awards and rankings are:
Investment Bank in India by Global Finance
Investment Bank in India by Finance Asia
Equity House in India by Euromoney
Domestic Equity House by Asiamoney
the Rs17,700 crore raised by Indian companies from the
equity capital markets from June last year till now, the
highest ever, Kotak Investment Banking has garnered a
share of 84.7 per cent.
handled a variety of transactions that cut across various
sectors, including biotech, technology, energy, automobiles,
chemicals, banking and media. In March this year, Kotak
Investment Banking led the largest-ever Indian equity
offering: the Indian government''s Rs10,690 crore offer
for the sale of its part holding in Oil and Natural Gas
Corporation. Demand was overwhelming with more than Rs60,000
crore of orders received. The success of the ONGC offering
clearly underlines Kotak Investment Banking''s leadership
in successfully executing global-sized transactions.
Investment Banking also acted as joint global coordinator
and bookrunner for the $100million FCCB of Mahindra &
Mahindra Ltd, the first time that an Indian investment
banking group has led an equity / equity-linked listing
on an overseas exchange.
Investment Banking has also been ranked number one in
mergers and acquisitions by Bloomberg, the global financial
information giant, for the period January -June 2004.
on the awards, Ajay Sondhi, vice chairman and managing
director of Kotak Investment Banking, said, "These
awards recognise our performance that has been enabled
by the trust
and confidence that our clients repose in us and our team.
We are strongly encouraged by this recognition to continue
to build India''s first truly global investment bank."