Top 15 Investment Banking Companies in India

Introduction

When it comes to big companies, organizations, and governments, it can be challenging to understand financial field operations, especially at the time of acquisitions and mergers where to invest such large sums of money? then Investment banking comes into the picture. An Investment Banker is the best person to provide these entities with expert advice to ensure that investments are successful and fruitful.

Because Investment Banking is a complex system of highly specialized financial planning and management, Indian investment banks do not offer these services. In order to achieve their financial goals, investment banks assist high-income individuals, corporations, organizations, and governments in making informed investment decisions.

What is Investment Banking

Investment banking is an important financial activity that investment banks in India or corporate divisions, acting on behalf of individuals, corporations, and governments, typically undertake related to corporate finance, such as issuing debt or equity securities, advising on mergers and acquisitions, and providing ancillary services such as market making, derivatives trading, and equity securities. Investment banks may also offer macroeconomic research, credit research, or FICC (fixed income instruments, currencies, and commodities) services.

Several Investment Banks in India maintain prime brokerage and asset management departments closely related to their investment research departments. There are three categories of investment banks based on their size: Bulge Brackets (upper tiers), Middle Markets (mid-level businesses), and Boutique Markets (specialized firms).

Also, read: Zero-based budgeting 

Top 15 Investment Banking Companies in India

1. The Avendus Capital Group

Avendus Capital has been in business since 1999 and is particularly suitable for establishing a boutique business. In addition to performing due diligence and private equity services, the company specializes in investment banking.

2. The Axis Capital Limited

Axis Capital Ltd, situated in Mumbai, is one of India’s top suppliers of equity capital markets and boutique services. With its comprehensive suite of offerings, Axis Capital is one of the best investment banking companies in India and offers generous salary packages.

3. Edelweiss Financial Services, Inc.

Edelweiss Financial Services Ltd is one of the leading investment banking companies in India. It offers a range of services, including Advisory Insurance, Asset Management, and Credit facilities. The company is part of the Edelweiss Group conglomerate and has grown to become one of the leading investment banking companies in India. 

4. Securities issued by JM Financial Institutions

Among India’s leading investment banking firms is JM Financial Institutions Securities (JMFIS). In addition to distressed credit brokerage, wealth and asset management, and private equity, the JMFIS Group provides a wide range of financial services to mid-market companies

5. The ICICI Securities Limited

As a pioneer in Indian investment banking, ICICI leverages technology to provide its clients with integrated services including investment banking, financial product distribution, and wealth management.

6. IDBI Capital 

It has operated as a wholly-owned subsidiary of IDBI Bank since 1993. Investment banking services include fund management, institutional brokerage and distribution, capital markets, private wealth management, and research.  

7. The O3 Capital Global Advisory Services Group

Since 1993, O3 Capital Global Advisory Services has been providing corporate finance and alternative asset management services in India, with a long-standing reputation for excellence. In addition to developing innovative strategies that have enabled them to expand beyond India into other countries, this group is one of the leaders in Investment Banking. 

8. The Goldman Sachs Group

Among the world’s most renowned Investment banks, Goldman Sachs serves customers in various markets, including securities trading, global markets, and wealth management. More than 30,000 people are employed by the company, and they continue to hire new employees to serve their growing clientele.

9. The JP Morgan Chase Company

For its diverse financial services that have been offered in many countries and regions across the globe, JP Morgan Chase is one of the best investment banking companies in India. 

JP Morgan Chase’s services are generally related to the financial sector, ranked by S&P Global. They provide an excellent working environment with a diversified and competent team of experts whose primary goal is to reach greater heights.

10. Citibank 

Citi Bank has offices in New York, Chennai, and Mumbai in India. It is among the top 15 investment banks in India thanks to a good reputation among its customers from the US, UK, and India.

11. Morgan Stanley

Morgan Stanley offers a wide range of financial services in the field of wealth management, research, and investment management. It operates in two locations – Mumbai and Bangalore – where it provides financial services to businesses operating in and around the region.

12. Merrill Lynch Bank of America

BAML (branded as Bofa Securities) is one of the largest investment banking companies in the world, having recently rebranded. Bofa Securities is the world’s second-largest bank by revenue. The transaction was finalized in 2009, and the company’s name was changed to Bofa Securities in 2019.

13. Bank of Barclays

Barclays is a Multinational British universal bank with a long history in India. With branches in Delhi, Mumbai, and Pune, Barclays offers personal banking, corporate banking, and private banking services. They are also known for their investment banking capabilities.

14. The HSBC Group

This banking giant provides a variety of services to its customers, including investment banking, private banking, etc.

15. The Credit Suisse Group

Credit Suisse is one of the Top Investment Banking Companies in India. For a number of years, this globally renowned financial services provider has offered private equity, research, asset management, and more to a wide range of countries worldwide.

You can view more such blogs on topics like Corporate Governance 

Average salary of Investment Bankers in India

Salaries vary depending on a variety of factors, including location, industry, experience level, and title. Due to the lower fees earned by Indian banks, investment banking salaries in India are lower than salaries in other countries.

As of December 2018, analysts had an average base income of Rs.12,74,000 and a base pay range of Rs. 523,000-Rs. 1,614,000, according to Glassdoor.According to Payscale, the average analyst’s base salary is Rs. 4,62,000, with a maximum total compensation of Rs. 1,100,000.

According to Payscale‘s findings in December 2018, associates’ base salaries ranged from Rs. 1,935,000 to Rs. 1,660,000, with a bonus of Rs. 309,000. According to Glassdoor, the associates’ average base pay was Rs 1,274,000 with a range of Rs 523, 000 to Rs 1,614,000.

Conclusion

Overall, Investment Banking is an appealing option for people wishing to improve their careers quickly while also making key contacts. It offers a chance for a professional to experience quick advancement within their career with generous company benefits in recognition. As such, It offers a variety of opportunities that may not be available to other professions due to the importance of networking.