JM Financial tops investment banking league table in H1 FY27

Domestic investment banks had a strong year in 2027, raising a large amount of equity. JM Financial, ICICI Securities, and SBI Capital Markets led the market, helping to conduct 116 initial public offerings and qualified institutional placements. The total equity raised grew by 40 percent to about Rs 1. 7 lakh crore, showing a healthy trend in the domestic investment banking sector.

Domestic investment banks experienced significant success in achieving equity fundraising in HY27. JM Financial, ICICI Securities, and SBI Capital Markets led the transactions during this period. A total of 116 IPOs and QIPs were conducted, a notable increase from the prior year. The equity amount raised rose by 40%, reaching nearly Rs 1.7 lakh crore. This surge in activity reflects a healthy trend in the domestic investment banking sector.

Summarised by Agaah from ET Markets. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.