
Investment Banking
Axis Capital’s dominance in Investment Banking services comes from 37 years of market-leading activity and deep partnerships with corporates and institutional investors. Our solutions extend to:
- M&A: we manage highly complex transactions across a swathe of sectors and sizes involving domestic and cross-border transactions
- ECM: India’s #1 ECM Banker over the past decade, having brought more than 50 new sectors to the capital market
- InvITs-REITs-SF: as pioneers of InvITs-REITs in India, Axis Capital has a clutch of award-winning firsts to its credit in this product
- Private Fund Raising (PFR): Private equity firms, venture capital funds and family offices benefit fromcapital raising as well as strategic guidance and operational expertise

Institutional Research
Top-tier research from one of the largest and best quality research teams on the street. Axis Capital offers waterfront coverage of a large and growing number of exciting firms of interest to domestic and foreign institutional investors. Key differentiators:
- Coverage depth as well as breadth
- Alpha-generating research
- Macro and micro focus – from prolific thematic research to channel-check series
- Annual Report Analysis (ARA) for strategic priorities and forensic accounting insights.

Institutional Equities
A leading institutional broker with a full suite of offerings – from research to strong corporate access, cash, derivatives and electronic trading. Axis Capital is the preferred partner for institutional investors. Highlights:
- Strong relationships with >500 leading institutional investors across India, US, Europe, Far East and the Middle East
- Comprehensive suite of execution services across cash and derivatives with high touch and electronic trading capability
- Access to unique pools of liquidity across large and mid-market segments.
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Insights
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India Strategy: Global turbulence, but drivers remain local...
The cyclical economic slowdown in H1FY25 pushed P/E down and...
IT Services: GenAI – millennium shapeshifter to transform services...GenAI–our word of the year–could generate 20-40% savings...
India Chemicals: China Fatigue Opens Doors for India...Global chemical market faultlines widen on China-led deflati...
ACL in the Media
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Market Predictions for Budget 2025: Expert Insights from Neelkanth Mishra
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Gaurav Malhotra:RIL Posts Strong Operating Performance In Q3 Driven By Good Shows From Retail, O2C & Jio Platforms
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Street Signs Asia with Tanvir Gill
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Mapping The Macros
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Expect Auto Er&D to Report Weakness for the Foreseeable Quarters
Awards
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2024
India’s Best Investment Bank
By: Asiamoney Award -
2024
"Best Investment Bank Best Securities House in India"
By: Euromoney Securities Houses Awards -
2024
Best Investment Bank | Domestic
By: Finance Asia Achievement Awards -
2024
Best Equity Advisor, Best IPO, Best REIT, Best Rights Issue
By: The Asset Triple A Sustainable Finance Awards -
2023
Best IPO
By: Finance Asia Achievement Awards
Transactions
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₹ 43,210 Mn
IPO Oct 2024
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₹ 20,109 Mn
OFS(SE) Oct 2024
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₹ 43,214 Mn
IPO Oct 2024
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₹ 4,000 Mn
QIP Oct 2024
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₹ 53,345 Mn
OFS(SE) Nov 2024
Testimonials
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It was a pleasure working with the Axis Capital team for our fund raising programme. The team worked diligently to ensure our story was rightly positioned and highlighted to the investor community, resulting in a very successful outcome. As our sole banker, they provided us with excellent guidance and support throughout the process.
Mr. Ashok Minda
GCEO and Chairman
MCL
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Axis Capital provided strategic direction and played a vital role in our fund raising exercise. We are extremely happy with the ownership, level of commitment, professionalism and excellence of delivery demonstrated by the entire Axis team. It has indeed been a pleasure working with them.
Mr. R. Laxman
Group President Finance
MCL
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Axis’s deep understanding of the markets and strong connect with investors was of immense value during the OFS exercise undertaken to raise public shareholding in Endurance to 25%. I appreciate the efforts they undertook in understanding the Company and in executing the deal in a short time frame.
Mr. Anurang Jain
Promoter & Managing Director
Endurance Technologies Limited
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A big thank you to the entire Axis team for the tremendous job in demonstrating leadership and driving the Chalet Hotels IPO. We were extremely happy with the ownership, level of commitment, and excellence of delivery by the entire Axis team and we are grateful for it. Congratulations and thanks again to all of you for a job well done. We look forward to further strengthening our relationship with Axis and to celebrating this exceptionally well handled IPO in a volatile and challenging market environment.
Mr Ravi Raheja
Group President
K Raheja Corp
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Axis Capital has an excellent and dedicated team of highly experienced professionals with an extremely high degree of ownership. The team has strived hard with significant commitment throughout the deal, right from the top management. Axis Capital knows the pulse of the market as close as anyone can and is one of the most reliable investment banking teams.
Mr Neel Raheja
Group President
K Raheja Corp
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We place on record our deep appreciation for your efforts towards RNAM’s Initial Public Offer (IPO) and subsequent run up to listing in November 2017. We acknowledge the guidance and support offered by you in attracting interest from foreign and domestic institutional investors, of exceptional repute, as well as managing the retail investors. The fund-raising and listing process was extremely well-planned and executed, and we would like to commend you for the same. We have received outstanding support and commitment from each of your team members. It was very well coordinated effort with all stakeholders throughout the transaction. We believe that it’s just a beginning of a lasting business association. It would be our absolute pleasure to engage with you in the future too.
Mr. Sundeep Sikka
Executive Director and Chief Executive Officer
Reliance Nippon Life Asset Management Limited
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Hats off to the entire team of Axis Capital for not just taking us through the IPO process seamlessly, but holding our hand and guiding our naivety and inexperience with a feeling and strength of an extended family. No words to thank you all. You have a lifelong fan and a brand ambassador in me forever.
Mr. Jayant Davar
Promoter, Co-chairman & MD
Sandhar Technologies
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We wish to thank Axis Capital for the excellent support, guidance and hand-holding they provided in the whole IPO process. The Axis team worked seamlessly with our team, to deliver an excellent IPO subscription.
Mr. Balram S Yadav
Managing Director
Godrej Agrovet Limited
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A big thank you to the entire team for the tremendous job Axis did in driving the Godrej Agrovet IPO. We were extremely happy with the ownership, level of commitment, and excellence of delivery demonstrated by the entire Axis team and we are grateful for it. Congratulations and thanks again to all of you for a job well done. We look forward to further strengthening our relationship with Axis and to celebrating this exceptionally well handled IPO.
Mr. Pirojsha Godrej
Managing Director
Godrej Agrovet Limited
Insights Details
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December 10, 2024
IT Services: GenAI – millennium shapeshifter to transform services
GenAI–our word of the year–could generate 20-40% savings in the software development lifecycle. We see no risk to tech spends with these savings being ploughed back into innovative tech for better business. Prospective TAM and margin gains make us ask – is Services as a Software the new SaaS?
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December 10, 2024
IT Services: GenAI – millennium shapeshifter to transform services
GenAI–our word of the year–could generate 20-40% savings in the software development lifecycle. We see no risk to tech spends with these savings being ploughed back into innovative tech for better business. Prospective TAM and margin gains make us ask – is Services as a Software the new SaaS?
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December 10, 2024
IT Services: GenAI – millennium shapeshifter to transform services
GenAI–our word of the year–could generate 20-40% savings in the software development lifecycle. We see no risk to tech spends with these savings being ploughed back into innovative tech for better business. Prospective TAM and margin gains make us ask – is Services as a Software the new SaaS?
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