Investment banks expect brisk business in 2015
With the investor friendly policies of the Modi government, Indian Investment banking industry hopes that the new government will be able to push reforms sooner to resuscitate financial droop. This will help increase M&A volumes after a not so good year of 2014. The M&A industry is expecting to register decent revenue growth on higher deal volumes in 2015, determined by an expected consolidation among power, telecom companies, infrastructure industry, and acquisitions by Indian organizations in healthcare, information technology and capital goods.
In 2014, most of the business volume was on account of local consolidation rather than cross border transactions. There were 980 M&A deals worth $ 47.8 billion, 134 equity capital market deals worth $ 11.3 billion and 320 debt capital market deals totaling $ 41.5 billion. The eminent deals included Sun Pharmaceutical Industries acquiring Ranbaxy Laboratories, and ecommerce leader Flipkart's acquisition of Myntra.
These deals were done mainly by domestic big investment banking firms, while year 2014 was a lull period for corporate advisory firms. One of the reasons for low business for these advisory firms is their lack of professional network that limits the exchange of deal information. Investment banking industry is highly fragmented as thousands of investment banking firms operate at a regional level while very few big banks operate at national level. Owing to their limited reach, corporate advisory firms find difficulty in doing deals. However, online platforms like IBSquare have large and global reach, which helps investment banking professionals to source deals or find matching deals from other professionals and direct owners.
Ibsquare.com is an Investment Banking deals marketplace where various stakeholders such as direct business owners, consultants, investors post deals on fund raising, business buying & selling, and investments. There is absolutely no cost to post these deals on the website. Various business owners and investors also create their deals mentioning their requirements and investment criteria respectively. It is India’s first IB deals platform which is gaining popularity very fast with large number of finance professionals already in the network.
With the rise of this investment banking deal making platform, year 2015 will surely be a good year of business for investment banks in India as they will be able to connect with each other and also close deals directly with the owners and investors.
Visit ibsquare.com to get latest updates on Investment Banking India.