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{{Short description|Indian investment bank}}
{{Use Indian English|date=October 2015}}
{{Use Indian English|date=October 2015}}
{{Use dmy dates|date=October 2015}}
{{Use dmy dates|date=October 2015}}
{{Infobox company
{{Infobox company
| name = SBI Capital Markets
| name = SBI Capital Markets
| logo =
| logo = SBI Capital Markets Logo.png
| caption =
| caption =
| type =
| type = [[Subsidiary]] of [[State Bank of India]]
| traded_as =
| traded_as =
| fate =
| successor =
| genre = <!-- Only used with media and publishing companies -->
| foundation = {{start date |1986 |8}}
| fate =
| predecessor =
| founder =
| successor =
| defunct =
| location_city = [[Mumbai]]
| foundation = August 1986
| location_country = [[India]]
| founder =
| defunct =
| location =
| locations =
| location_city = Mumbai
| location_country = India
| area_served = India
| location =
| key_people = {{ubl | Shesh Ram Verma
(Whole Time Director and President & COO)<ref>{{cite web
| locations =
| area_served = India
| key_people = [[Varsha Purandare]], MD & CEO<br> [[Abhay C. Chaudhari]], President & COO<ref>{{cite web
|url=http://www.sbicaps.com/index.php/about-us/leadership/
|url=http://www.sbicaps.com/index.php/about-us/leadership/
|title=LEADERSHIP - Key Personnel
|title=LEADERSHIP - Key Personnel
|publisher=SBI Caps
|publisher=SBI Caps
|accessdate=2015-11-18}}</ref>
|accessdate=2015-11-18}}</ref>

| industry = Investment Banking
Virendra Bansal (MD & CEO)<ref>{{cite web
| products =
|url=https://www.financialexpress.com/business/brandwagon-virendra-bansal-takes-charge-as-managing-director-and-ceo-of-sbi-capital-markets-3396645/
| services = Financial Advisory and Investment Banking
|title=MD & CEO |website=financialexpress.com |access-date=2024-02-18}}</ref>
| revenue =
}}
| industry = [[Investment Banking]]
| products =
| services = Financial Advisory and Investment Banking
| revenue =
| operating_income =
| operating_income =
| net_income =
| net_income =
| aum = <!-- Only used with financial services companies -->
| aum = <!-- Only used with financial services companies -->
| assets =
| assets =
| equity =
| equity =
| owner =
| owner = [[State Bank of India]] (100%)
| num_employees =
| num_employees =
| parent =
| parent =
| divisions =
| divisions =
| subsid =
| subsid = {{ubl |SBICAP Securities Limited |SBICAP Trustee Company Limited }}
| homepage = {{URL|http://www.sbicaps.com/}}
| homepage = {{URL|https://www.sbicaps.com/}}
| footnotes =
| intl =
}}
}}
'''SBI Capital Markets''' (SBICAPS) is a wholly owned [[investment banking]] subsidiary of [[State Bank of India]] (SBI).<ref>{{cite web |url=http://www.sbicaps.com/index.php/about-us/at-a-glance/ |title=About Us |publisher=SBI Capital Markets |accessdate=2015-11-18}}</ref> Headquartered in Mumbai, SBICAPS has 6 regional offices across India (Ahmedabad, Chennai, Hyderabad, Kolkata, New Delhi and Bengaluru) and the United Arab Emirates (Abu Dhabi), and 2 subsidiaries - SBICAP Securities Limited and SBICAP Trustee Company Limited.
'''SBI Capital Markets''' (SBICAPS) is an investment bank founded in August 1986.

It is a wholly owned subsidiary and the investment banking arm of [[State Bank of India]] (SBI).<ref>{{cite web
SBICAPS offers the entire bouquet of investment banking and corporate advisory services. The service bouquet includes the full range of financial advisory services under one umbrella covering Project Advisory and Structured Financing, Capital Markets, Mergers & Acquisitions, Private Equity, ESG Advisory and Stressed Assets Resolution.
|url=http://www.sbicaps.com/index.php/about-us/at-a-glance/
|title=About Us
|publisher=SBI Capital Markets
|accessdate=2015-11-18}}</ref> Headquartered in Mumbai, SBICAP has 5 regional offices across India (Ahmedabad, Chennai, Hyderabad, Kolkata and New Delhi), 2 branch offices (Pune and Guwahati) and 5 subsidiaries - SBICAP Securities Limited, SBICAP Trustee Company Limited, SBICAP Ventures Limited, SBICAP (UK) Limited and SBICAP (Singapore) Limited.


==History==
SBICAP also offers services in the areas of Equity Broking & Research, Security Agency & Debenture Trusteeship and Private Equity Investment & Asset Management through its wholly owned subsidiaries SBICAP Securities Limited, SBICAP Trustee Co. Ltd and SBICAP Ventures Limited, respectively.
SBICAPS was established in August 1986.


In January 1997 the [[Asian Development Bank]] acquired a 13.84% equity stake in SBICAPS.
In January 1997 the [[Asian Development Bank]] acquired a 13.84% equity stake in SBICAPS.
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|title=SBI Capital Markets Limited
|title=SBI Capital Markets Limited
|work=IndiaMart
|work=IndiaMart
|accessdate=2012-05-01}}</ref>
In January 2006 SBICAP and the international investment banking group [[CLSA]] announced a two-year partnership to work on large joint deals in equity capital and mergers & acquisitions.<ref>{{cite web
|url=https://www.clsa.com/about-clsa/media-centre/2006-media-releases/20060119_en.php
|publisher=CLSA
|title=SBI Capital Markets and CLSA enter Investment Banking Alliance
|date=19 January 2006
|accessdate=2012-05-01}}</ref>
In September 2006 SBI Caps announced that it had set up a $100 million venture fund in partnership with the venture capital division of [[SBI Holdings]] of Japan.<ref>{{cite web
|url=http://www.iipm.edu/iipm-editorial-334.html
|publisher=IIPM
|date=12 September 2006
|title=SBI Capital Markets launches new funds
|accessdate=2012-05-01}}</ref>
|accessdate=2012-05-01}}</ref>


==Rankings==
[[Air India]] ran into serious financial difficulties, and in July 2009 SBICAPS was asked by Civil aviation minister [[Praful Patel]] to prepare a road map to bring the carrier back into profitability.<ref>{{cite web
{{unreferenced section|date=September 2018}}
|url=http://www.dnaindia.com/money/report_sbi-caps-prepares-roadmap-for-air-india-restructuring_1276407
|title=SBI Caps prepares roadmap for Air India restructuring
|date=22 July 2009
|work=DNA
|accessdate=2012-05-01}}</ref>
SBI Capital was appointed the mandated firm to restructure [[Kingfisher Airlines]] loans during the [[Kingfisher Airlines financial crisis]], starting in 2010.
In February 2012 SBSCAP and other bank lenders were insisting that commissions paid to promoters be reversed before they would consider providing further funding to the still-troubled airline.<ref>{{cite web
|url=http://articles.economictimes.indiatimes.com/2012-02-18/news/31075056_1_kingfisher-airlines-vijay-mallya-ub-holdings
|work=The Economic Times
|title=SBI asks Kingfisher Airlines to reverse about Rs 100 crore paid to Vijay Mallya and UB Holdings
|date=18 February 2012
|accessdate=2012-05-01}}</ref>


=== Dealogic ===
In October 2006 R Sridharan was appointed managing director and CEO of SBI Capital.<ref>{{cite web
* Ranked No. 1 - India Loans Volume by MLA in CY2023.
|url=http://news.oneindia.in/2006/10/16/sridharan-assumes-charge-as-sbi-capital-markets-ceo-1161013054.html
* Ranked No.1 - India Loans Volume by MLA - market share of 30.7% (Volume $8,834 m)<ref name=":0">{{Cite web |title=Accolades Received by SBICAPS |url=https://www.sbicaps.com/accolades/ |access-date=2023-09-11 |website=SBI Capital Markets Limited |language=en}}</ref>
|work=OneIndia
* Ranked No.1 - MLA - Asia Pacific Project Finance Loans - market share of 10.7% (Volume $7,915.06 m)<ref name=":0" />
|title=Sridharan assumes charge as SBI Capital Markets CEO
* Ranked No.1 MLA with 7.2% market share (US$20,287M) in the Dealogic Global Project Finance League Loans rankings
|date=16 October 2006
* No.1 MLA of Global PFI/PPP Project Finance Loans with market share of 6.7% (US$3,081M)
|accessdate=2012-05-01}}</ref>
In July 2009 SBICAPS announced that S. Vishvanathan had replaced A.P. Verma as MD & CEO. Vishvanathan had joined SBI in 1976,
had helped set up SBI's New York branch, and had been chief general manager of SBI’s North Eastern operations.<ref>{{cite web
|url=http://www.vccircle.com/500/news/sbi-capital-markets-appoints-s-vishvanathan-as-md-ceo
|work=VCCircle
|date=22 July 2009
|title=SBI Capital Markets Appoints S Vishvanathan As MD & CEO
|accessdate=2012-05-01}}</ref>

'''Awards'''
* IFR Asia ‘Best high yield bond, 2014’ for Tata Steel’s US$1.5bn dual-tranche bond issue
* Asiamoney - Regional Capital Markets Awards for ‘Best High Yield Bond’ for Tata Steel US$1.5bn dual tranche senior bond
* Best high yield bond/ Best new bond for Tata Steel US$1.5 bn 5.5-year and 10-year bonds at The Asset Triple A Regional Awards 2014
* "Deal of the Year" Award for 2014 from M&A International
* IFR Asia ‘India Loan House of the Year’ in 2013 for the 5th consecutive year
* Thomson Reuters PFI - Industry Deal of the Year Award for 2013 (Asia-Pacific) for Tata Steel’s 6 MTPA Green field integrated steel plant in Odisha.
* Euromoney Project Finance Asia Pacific Mining & Metals Deal of the Year 2013 for project finance of Tata Kalinganagar (Tata Steel Odisha)
* BusinessWorld-Grant Thornton's 'Top INR Bonds & Loan deal-maker of the year' award for maximum issues in 2013
* Thomson Reuters- PFI ‘African Oil & Gas Deal of the Year’ in 2012 for Bharat Petro Resources (BPCL) – Mozambique
* Business World Awards ‘Deal of the Year’ in 2012 for Videocon
'''<u>Rankings:</u>'''

'''Dealogic'''
* Ranked No.1 MLA with 7.2% market share (US$20,287M) in the Dealogic Global Project Finance League Loans rankings 2014
* No.1 MLA of Global PFI/PPP Project Finance Loans with market share of 6.7% (US$3,081M)
* No.1 Financial Adviser (28.0% market share) in the Asia Pacific Project Finance Financial Adviser Ranking
* No.1 Financial Adviser (28.0% market share) in the Asia Pacific Project Finance Financial Adviser Ranking
* No.1 MLA Asia Pacific Project Finance Loans (19.6% market share)
* No.1 MLA Asia Pacific Project Finance Loans (19.6% market share)
* No.1 Asian Project Finance Loans with 28.9% market share (US$19,141M)
* No.1 Asian Project Finance Loans with 28.9% market share (US$19,141M)
* In the Global Top 15 deals, Tata Steel Odisha ranked 7th, the only Indian deal to feature in the list.
* In the Global Top 15 deals, Tata Steel Odisha ranked 7th, the only Indian deal to feature in the list.

'''Bloomberg League Tables'''
=== Bloomberg League Tables ===
* Ranked No. 1 - APAC Project Finance Loans Mandated Lead Arranger (MLA) in 2023.
* Ranked No. 1 - India Borrower Loans (MLA) in 2023.
* Ranked No. 1 - India Borrower Local Currency Loans (MLA) in 2023.
* Ranked No. 3 - India Borrower Foreign Currency Loans (MLA) in 2023.
* Ranked No. 4 - Domestic Private Placement of Bonds on Bloomberg in CY 2023.
* Ranked No. 1 - India Borrower Loans in Local Currency (MLA) with a market share of 72.2%.<ref name=":0" />
* Ranked No.1 - India Borrower Loans (MLA) with a market share of 45.2%.<ref name=":0" />
* Ranked No.1 - APAC Project Finance Loans (Mandated Lead Arranger) with a market share of 10.3% (Volume $6,862 m)<ref name=":0" />
* Ranked No. 4 in Bloomberg League Table for domestic issuances for debt for the FY2021-22.<ref name=":0" />
* No.1 Mandated Lead Arranger in Asia-Pac Ex-Japan Loans League Tables 2014, with market share of 8.4% (US$43,857M)
* No.1 Mandated Lead Arranger in Asia-Pac Ex-Japan Loans League Tables 2014, with market share of 8.4% (US$43,857M)
* No.1 Book Runner Asia-Pac ex-Japan Loans - market share 12.5% (Volume US$40,259M)
* No.1 Book Runner Asia-Pac ex-Japan Loans - market share 12.5% (Volume US$40,259M)
Line 124: Line 88:
* In the India Loans MLA Tables, SBI tops the list with market share of 57.3% (US$43,668M)
* In the India Loans MLA Tables, SBI tops the list with market share of 57.3% (US$43,668M)
* No.1 India Loans Mandated Arranger (INR)- Markets Share 75.5% (Rs.2151bn)
* No.1 India Loans Mandated Arranger (INR)- Markets Share 75.5% (Rs.2151bn)

'''Thomson Reuters-PFI'''
=== Debtwire ===
* Ranked No.1 - 2021 India Mandated Lead Arranger (INR) - market share of 44.9% (Volume $6,418 m)<ref name=":0" />
* Ranked No.1 - 2021 India Mandated Lead Arranger-All currencies-market share of 22.5% (Volume $7,481m)<ref name=":0" />

=== Thomson Reuters-PFI ===
* Ranked No. 1 Mandated Arrangers Asia Pacific & Japan with market share of 7.9%
* Ranked No. 1 Mandated Arrangers Asia Pacific & Japan with market share of 7.9%
* No.1 Book Runner Asia Pacific & Japan with market share of 14.6%
* No.1 Book Runner Asia Pacific & Japan with market share of 14.6%

'''Prime Database'''
=== Refinitiv ===
* Ranked No. 1 IPP in terms of number of issues handled for FY 2014 in India as per Prime Database
* Ranked No. 2 in terms of total amount raised through Rights Issuances league tables for FY 2014
* Ranked No.1 - INR Only Mandated Arranger with a market share of 70.2% (Volume $9052 m)<ref name=":0" />
* Ranked No.3 - Mandated Arranger with a market share of 7.3% (Volume $1012 m)<ref name=":0" />

=== Prime Database ===
* Ranked No. 3 OFS, FPO, QIPs Prime Database FY 2023
* Ranked No. 3 in secondary market issues (FPO + OFS + QIP) according to Prime database FY2022.<ref name=":0" />
* Ranked No. 1 in terms of total number of issues including IPO, FPO, Rights Issues, OFS, QIP and IPP for FY 2017 & FY 2018.
* Ranked No. 2 in terms of total number of issues including IPO, FPO, Rights Issues, OFS, QIP and IPP for FY 2018

=== LSEG ===

* Ranked No. 1 - Project Finance Loans Mandated Arranger in CY 2023.
* Ranked No. 1 - Asia Pacific & Japan Project Finance Loans Top 10 Deals in CY 2023.
* Ranked No. 7 - Global Project Finance Loans Top 10 Deals 2023 in CY 2023.


==References==
==References==
{{reflist}}
{{reflist}}

{{SBI}}
{{Investment banks}}


[[Category:Investment banks in India]]
[[Category:Investment banks in India]]
[[Category:Companies established in 1986]]
[[Category:Indian companies established in 1986]]
[[Category:State Bank of India]]
[[Category:State Bank of India]]
[[Category:1986 establishments in India]]
[[Category:1986 establishments in Maharashtra]]
[[Category:Financial services companies based in Mumbai]]

Latest revision as of 05:42, 11 June 2024

SBI Capital Markets
Company typeSubsidiary of State Bank of India
IndustryInvestment Banking
FoundedAugust 1986 (1986 -08)
Headquarters
Mumbai
,
India
Area served
India
Key people
  • Shesh Ram Verma

    (Whole Time Director and President & COO)[1]

    Virendra Bansal (MD & CEO)[2]
ServicesFinancial Advisory and Investment Banking
OwnerState Bank of India (100%)
Subsidiaries
  • SBICAP Securities Limited
  • SBICAP Trustee Company Limited
Websitewww.sbicaps.com

SBI Capital Markets (SBICAPS) is a wholly owned investment banking subsidiary of State Bank of India (SBI).[3] Headquartered in Mumbai, SBICAPS has 6 regional offices across India (Ahmedabad, Chennai, Hyderabad, Kolkata, New Delhi and Bengaluru) and the United Arab Emirates (Abu Dhabi), and 2 subsidiaries - SBICAP Securities Limited and SBICAP Trustee Company Limited.

SBICAPS offers the entire bouquet of investment banking and corporate advisory services. The service bouquet includes the full range of financial advisory services under one umbrella covering Project Advisory and Structured Financing, Capital Markets, Mergers & Acquisitions, Private Equity, ESG Advisory and Stressed Assets Resolution.

History

[edit]

SBICAPS was established in August 1986.

In January 1997 the Asian Development Bank acquired a 13.84% equity stake in SBICAPS. This share was repurchased by State Bank of India in March 2010.[4]

Rankings

[edit]

Dealogic

[edit]
  • Ranked No. 1 - India Loans Volume by MLA in CY2023.
  • Ranked No.1 - India Loans Volume by MLA - market share of 30.7% (Volume $8,834 m)[5]
  • Ranked No.1 - MLA - Asia Pacific Project Finance Loans - market share of 10.7% (Volume $7,915.06 m)[5]
  • Ranked No.1 MLA with 7.2% market share (US$20,287M) in the Dealogic Global Project Finance League Loans rankings
  • No.1 MLA of Global PFI/PPP Project Finance Loans with market share of 6.7% (US$3,081M)
  • No.1 Financial Adviser (28.0% market share) in the Asia Pacific Project Finance Financial Adviser Ranking
  • No.1 MLA Asia Pacific Project Finance Loans (19.6% market share)
  • No.1 Asian Project Finance Loans with 28.9% market share (US$19,141M)
  • In the Global Top 15 deals, Tata Steel Odisha ranked 7th, the only Indian deal to feature in the list.

Bloomberg League Tables

[edit]
  • Ranked No. 1 - APAC Project Finance Loans Mandated Lead Arranger (MLA) in 2023.
  • Ranked No. 1 - India Borrower Loans (MLA) in 2023.
  • Ranked No. 1 - India Borrower Local Currency Loans (MLA) in 2023.
  • Ranked No. 3 - India Borrower Foreign Currency Loans (MLA) in 2023.
  • Ranked No. 4 - Domestic Private Placement of Bonds on Bloomberg in CY 2023.
  • Ranked No. 1 - India Borrower Loans in Local Currency (MLA) with a market share of 72.2%.[5]
  • Ranked No.1 - India Borrower Loans (MLA) with a market share of 45.2%.[5]
  • Ranked No.1 - APAC Project Finance Loans (Mandated Lead Arranger) with a market share of 10.3% (Volume $6,862 m)[5]
  • Ranked No. 4 in Bloomberg League Table for domestic issuances for debt for the FY2021-22.[5]
  • No.1 Mandated Lead Arranger in Asia-Pac Ex-Japan Loans League Tables 2014, with market share of 8.4% (US$43,857M)
  • No.1 Book Runner Asia-Pac ex-Japan Loans - market share 12.5% (Volume US$40,259M)
  • In the Asia Pacific Ex -Japan Top Ten Deals, TATA STEEL ODISHA LTD ranked 5th in the list.
  • In the India Loans MLA Tables, SBI tops the list with market share of 57.3% (US$43,668M)
  • No.1 India Loans Mandated Arranger (INR)- Markets Share 75.5% (Rs.2151bn)

Debtwire

[edit]
  • Ranked No.1 - 2021 India Mandated Lead Arranger (INR) - market share of 44.9% (Volume $6,418 m)[5]
  • Ranked No.1 - 2021 India Mandated Lead Arranger-All currencies-market share of 22.5% (Volume $7,481m)[5]

Thomson Reuters-PFI

[edit]
  • Ranked No. 1 Mandated Arrangers Asia Pacific & Japan with market share of 7.9%
  • No.1 Book Runner Asia Pacific & Japan with market share of 14.6%

Refinitiv

[edit]
  • Ranked No.1 - INR Only Mandated Arranger with a market share of 70.2% (Volume $9052 m)[5]
  • Ranked No.3 - Mandated Arranger with a market share of 7.3% (Volume $1012 m)[5]

Prime Database

[edit]
  • Ranked No. 3 OFS, FPO, QIPs Prime Database FY 2023
  • Ranked No. 3 in secondary market issues (FPO + OFS + QIP) according to Prime database FY2022.[5]
  • Ranked No. 1 in terms of total number of issues including IPO, FPO, Rights Issues, OFS, QIP and IPP for FY 2017 & FY 2018.
  • Ranked No. 2 in terms of total number of issues including IPO, FPO, Rights Issues, OFS, QIP and IPP for FY 2018

LSEG

[edit]
  • Ranked No. 1 - Project Finance Loans Mandated Arranger in CY 2023.
  • Ranked No. 1 - Asia Pacific & Japan Project Finance Loans Top 10 Deals in CY 2023.
  • Ranked No. 7 - Global Project Finance Loans Top 10 Deals 2023 in CY 2023.

References

[edit]
  1. ^ "LEADERSHIP - Key Personnel". SBI Caps. Retrieved 18 November 2015.
  2. ^ "MD & CEO". financialexpress.com. Retrieved 18 February 2024.
  3. ^ "About Us". SBI Capital Markets. Retrieved 18 November 2015.
  4. ^ "SBI Capital Markets Limited". IndiaMart. Retrieved 1 May 2012.
  5. ^ a b c d e f g h i j k "Accolades Received by SBICAPS". SBI Capital Markets Limited. Retrieved 11 September 2023.
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