Our Contribution:
- We successfully closed the 2nd transaction for PNB in last 6 months, demonstrating our philosophy of “Invested in YOU”
- Dec 2020 – QIP (₹ 37,880 mn)
- May 2021 – QIP (₹ 18,000 mn)
- #1 procurer in both the transactions
- In a 7-bank syndicate, procured highest share with ~36% by number of investors^ and ~46% by allocation amount^
- Highest Procurer of FIIs & DIIs^ bids by allocation amount as well as in terms of number of investors
- Successfully procured 3 largest bids in the book^
Deal Highlights:
- The deal witnessed participation from a diverse set of investors with FIIs dominating the book
- The proceeds from the issue will be utilized to augment the Bank’s Tier I Capital to meet the Basel III and to support growth plans and to enhance the business of the Ban
*in terms of total business and deposits as of December 31, 2020 ; ^ Ex LIC
Our Contribution:
- We spearheaded the marketing efforts for the bank
- Mobilised a disproportionately higher (~30%) share# in a 7 bank syndicate
- Mobilised demand from a diverse investor set with a good mix of FIIs and DIIs
- Procured the highest bid in the book#
Deal Highlights:
- This is the largest PSU QIP launched in CY ’20
- The deal witnessed participation from a diverse set of investors with an equitable split between FIIs and DIIs
- The proceeds from the issue will be utilized to augment the Bank’s Tier I Capital to meet the Basel III and to support growth plans and to enhance the business of the Bank
* in terms of total business and deposits as on September 30, 2020; # – Ex-LIC bid
Deal Highlights:
- One of the largest retail broking players in terms of active clients on NSE1
- The deal saw good demand with overall subscription of ~3.5 times and the QIB book subscribed around 6 times*
- The deal was consummated successfully at a time when broader markets corrected ~6%# in the issue period
- The deal saw participation from marquee institutional investors including Long-Only FIIs, MFs and leading Life Insurance Companies
Our Contribution:
- We led the marketing efforts, focusing on the robust and resilient business growth seen by Angel Broking post transforming itself into a discount digital broker
- The only banker to mobilize demand from Long Only FIIs in the Anchor Book
- Conducted the roadshows and led the book building efforts in a completely virtual and seamless manner
- Provided end-to-end client handholding and guidance on various deal contours and timing
1 – Source: CRISIL Report, #-Source: BSE; *– Ex-Anchor