Financial Markets in India
Financial Markets in India
Financial Markets in India
A Research Initiative
RAKESH SHAHANI
CONTENTS'
o Venture Capital 75
o Private Equity 80
« American Depository Receipt and Global
Depository Receipt (ADR/GDR) * 82
Performance of Primary Market in India (Recent Trends) 85
© From Controlled pricing to free pricing 85
o Institutional interest in the IPO/FPO 87
o How to measure the success of an IPO 88
"o Book Building vs. Fixed Price Offers 88
o 'Unscrupulous Promoters' 89
o The Corporate Debt Market in India 89
4. ROLE OF INVESTMENT AND MERCHANT
BANKING AS INTERMEDIARIES IN THE
FIELD OF FINANCIAL MARKETS 94
Merchant Banking vs. Investment Banking 99
A note on debenture trustees as intermediaries in
the issue of debt securities 101
The Rise of Investment Advisers in India 101
Investment B anking in India 102
Investment Banking in India and the sub prime crisis impact 102
Appendices 517
Selected References 561
Index 563