Merchant Banking

Merchant banks manage debt and equity offerings. They assist companies in raising funds from the market. This can include designing instruments, pricing issues, registering offer documents, underwriting support, issue marketing, allotment and refund, and stock exchange listing. They also help in distributing securities such as equity shares, mutual fund products, debt instruments, insurance products, and fixed deposits among others. Merchant banks use a mix of institutional networks—mutual funds, foreign institutional investors, pension funds, private equity funds, and financial institutions—and retail networks, depending on how they interact with specific clients.