JM Financial tops investment banking league table in H1 FY27 with Rs 75,775 crore

What happened: JM Financial topped the investment banking league table for H1 FY27, managing 26 transactions worth Rs 75,775 crore during April-September, per Prime Database data. Key numbers: JM Financial 26 deals, Rs 75,775 crore. ICICI Securities 21 deals, Rs 73,310 crore. SBI Capital Markets 11 deals, Rs 72,879 crore. IPOs and QIPs rose to 116 in H1 FY27 from 85 a year ago. Why it matters: The rankings place JM Financial ahead of ICICI Securities and SBI Capital Markets by deal value, while the higher count of IPOs and QIPs points to increased equity issuance activity.

JM Financial topped the investment banking league table for H1 FY27, managing 26 transactions worth Rs 75,775 crore during April-September, per Prime Database data.

The rankings place JM Financial ahead of ICICI Securities and SBI Capital Markets by deal value, while the higher count of IPOs and QIPs points to increased equity issuance activity.