Edelweiss Capital

Edelweiss Capital is one of the leading financial services company based in Mumbai, India and New York City. Edelweiss Capital Limited provides investment banking, institutional equities, private client broking, asset management, wealth management, insurance broking and wholesale financing services to corporate, institutional and high net worth individual clients. It operates from 43 other offices in 19 Indian cities. Since its commencement of business in 1996, it has grown into a diversified Indian financial services company organised under agency and capital business lines operated by the Company and its thirteen subsidiaries.

In its IPO, the company offered 81.8 crore shares to investors. The Book Running Lead Managers (“BRLMs”) to the Issue are: Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited and Lehman Brothers Securities Private Limited. The issue was oversubscribed by 110 times. Also, with a more than 83% rise in the stock on its debut on the Bombay Stock Exchange, Edelweiss Capital Ltd became the second most valued among all listed broking houses in India. The company has also joined the rank of India’s top 100 companies in terms of market capitalization. According to a circular issued by the Bombay Stock Exchange, Edelweiss Capital will replace tyre maker Ceat Ltd in the BSE-500 index from 26 December.

References

• http://www.edelcap.com/
• http://www.livemint.com/2007/12/12232430/IPO-raises-Edelweiss-Capital-v.html

• http://www.rupya.com/archives/ipo/edelweiss_ipo/ - for Edelweiss Capital IPO