About Local beyond borders

Axis Capital Limited is a leading financial expert in India that aims to provide focused and customized solutions in the areas of Investment Banking and Institutional Equities. Axis Capital is a wholly-owned subsidiary of Axis Bank. Axis Capital's strengths in leading transactions are unmatched, a prowess recognized by partner testimonials and awards.

Strong Legacy, Promising Future

Solutions: We offer investors, companies and government entities a spectrum of end-to-end solutions in the areas of Equity Capital Markets (ECM), Mergers & Acquisitions (M&A), Private Fund Raising, InvITs-REITs, Research and Institutional Equities.

Vision: To be the preferred financial solutions provider with differentiated client servicing through research-based insights, employee empowerment and innovation.

Core Values:

  • Customer Centricity
  • Teamwork
  • Ethics
  • Transparency
  • Ownership

Then & Now

Axis Capital began as ENAM Securities in 1984. ENAM soon collaborated with major industrial houses like Reliance Industries for capital market fund raises. By 1992, it had registered with SEBI - taking Infosys Technologies and Zee Entertainment public within a year. By 1997, ENAM led marquee IPOs for companies like Marico and Essar Oil, prompting the establishment of a dedicated institutional trading desk.

As the millennium turned, ENAM led the first wave of tech IPOs in India, including KPIT Systems and Polaris. The next decade saw a busy divestment pipeline for the government, including IPOs of NTPC and Power Finance Corporation. By 2006, ENAM had become a full-service investment bank, advising on transactions for Aditya Birla, JSW, and Tata.

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Leadership

Our Values In Action

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Leadership

  • Amitabh Chaudhry Chairperson, Axis Bank / Managing Director & Chief Executive Officer, Axis Bank

    Amitabh Chaudhry is the Managing Director & Chief Executive Officer of Axis Bank. He is also associated with Axis Capital as a Director. Before joining the Bank, Amitabh had a long and successful stint of nine years at HDFC Life. Under his leadership, HDFC Life emerged as the finest, most technology savvy brand in the insurance space and today, it is one of India’s largest private life insurers.

    Prior to HDFC Life, Amitabh was the Managing Director & CEO of Infosys BPO and Head, Independent Validation & Testing Unit (IVS) of Infosys Technologies. He was instrumental in building the BPO from its inception and was later credited for making it an extremely profitable business, with a presence across seven countries. He started his career with Bank of America in 1987 and played diverse roles such as Head of Technology Investment Banking for Asia, Regional Finance Head for Wholesale Banking and Global Markets, Chief Finance Officer of Bank of America (India) and Relationship Manager in Wholesale Banking for Mumbai and Delhi. He moved to Credit Lyonnais Securities in 2001to lead its Structured Finance Practice. He took over as the Head of Investment Banking for Southeast Asia, before joining Infosys BPO Ltd in 2003.

Transaction Details for ION Energy Inc

  • 10,400 Mn

    IPO Dec 2021

    The transaction involved Endurance purchasing 51% stake in Maxwell Energy System Pvt. Ltd (Maxwell), a subsidiary of ION Energy Inc. (renowned energy tech start-up) with remaining 49% to be purchased in a phased manner over 5 years – Maxwell is engaged in the business of development, manufacturing, assembly and selling of advanced electronics in the form of battery management systems (BMS) and battery focused power distribution units for electric vehicles and energy storage systems – Endurance is one of the leading automotive component manufacturers having a diverse range of technology intensified products with operations in India and Europe. ETL is engaged in designing / engineering, manufacturing of aluminium castings, suspensions, braking systems and transmissions – Maxwell’s BMS is the first specific EV product in Endurance’s portfolio, Endurance plans to leverage Maxwell’s deep technical expertise developed over the years and its BMS deployment experience in Indian and European conditions – Endurance aims to offer its products to multiple new customers, including Indian automotive OEMs and battery pack manufacturers

    Axis Capital acted as exclusive Financial Advisor to ION Energy Inc. – Axis Capital ran a global competitive process and reached out to potential acquirers from North America, Europe & Asia – Extended comprehensive transaction support to the client team ranging from deal conceptualisation & structuring, buyer outreach, negotiations, due diligence coordination and transaction documentation, besides assisting in overall transaction process management
  • 10,400 Mn

    IPO Dec 2021

    The transaction involved Endurance purchasing 51% stake in Maxwell Energy System Pvt. Ltd (Maxwell), a subsidiary of ION Energy Inc. (renowned energy tech start-up) with remaining 49% to be purchased in a phased manner over 5 years – Maxwell is engaged in the business of development, manufacturing, assembly and selling of advanced electronics in the form of battery management systems (BMS) and battery focused power distribution units for electric vehicles and energy storage systems – Endurance is one of the leading automotive component manufacturers having a diverse range of technology intensified products with operations in India and Europe. ETL is engaged in designing / engineering, manufacturing of aluminium castings, suspensions, braking systems and transmissions – Maxwell’s BMS is the first specific EV product in Endurance’s portfolio, Endurance plans to leverage Maxwell’s deep technical expertise developed over the years and its BMS deployment experience in Indian and European conditions – Endurance aims to offer its products to multiple new customers, including Indian automotive OEMs and battery pack manufacturers

    Axis Capital acted as exclusive Financial Advisor to ION Energy Inc. – Axis Capital ran a global competitive process and reached out to potential acquirers from North America, Europe & Asia – Extended comprehensive transaction support to the client team ranging from deal conceptualisation & structuring, buyer outreach, negotiations, due diligence coordination and transaction documentation, besides assisting in overall transaction process management
  • 10,400 Mn

    IPO Dec 2021

    The transaction involved Endurance purchasing 51% stake in Maxwell Energy System Pvt. Ltd (Maxwell), a subsidiary of ION Energy Inc. (renowned energy tech start-up) with remaining 49% to be purchased in a phased manner over 5 years – Maxwell is engaged in the business of development, manufacturing, assembly and selling of advanced electronics in the form of battery management systems (BMS) and battery focused power distribution units for electric vehicles and energy storage systems – Endurance is one of the leading automotive component manufacturers having a diverse range of technology intensified products with operations in India and Europe. ETL is engaged in designing / engineering, manufacturing of aluminium castings, suspensions, braking systems and transmissions – Maxwell’s BMS is the first specific EV product in Endurance’s portfolio, Endurance plans to leverage Maxwell’s deep technical expertise developed over the years and its BMS deployment experience in Indian and European conditions – Endurance aims to offer its products to multiple new customers, including Indian automotive OEMs and battery pack manufacturers

    Axis Capital acted as exclusive Financial Advisor to ION Energy Inc. – Axis Capital ran a global competitive process and reached out to potential acquirers from North America, Europe & Asia – Extended comprehensive transaction support to the client team ranging from deal conceptualisation & structuring, buyer outreach, negotiations, due diligence coordination and transaction documentation, besides assisting in overall transaction process management

Testimonials

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed metus nunc, accumsan ultricies orci eget, maximus tristique leo. Aliquam a lacus eget urna auctor placerat sit amet vitae neque. Donec nec laoreet augue, ut aliquam orci. Nullam leo enim, rutrum eget sem vitae, blandit sagittis libero.

    Mr. Sanju Thanawala

    MD, MapmyIndia Ltd

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed metus nunc, accumsan ultricies orci eget, maximus tristique leo. Aliquam a lacus eget urna auctor placerat sit amet vitae neque. Donec nec laoreet augue, ut aliquam orci. Nullam leo enim, rutrum eget sem vitae, blandit sagittis libero.

    Mr. Sanju Thanawala

    MD, MapmyIndia Ltd

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed metus nunc, accumsan ultricies orci eget, maximus tristique leo. Aliquam a lacus eget urna auctor placerat sit amet vitae neque. Donec nec laoreet augue, ut aliquam orci. Nullam leo enim, rutrum eget sem vitae, blandit sagittis libero.

    Mr. Sanju Thanawala

    MD, MapmyIndia Ltd

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed metus nunc, accumsan ultricies orci eget, maximus tristique leo. Aliquam a lacus eget urna auctor placerat sit amet vitae neque. Donec nec laoreet augue, ut aliquam orci. Nullam leo enim, rutrum eget sem vitae, blandit sagittis libero.

    Mr. Sanju Thanawala

    MD, MapmyIndia Ltd