ECM Partnerships for value creation

Axis Capital is a leading Equity Capital Markets (ECM) banker in India, trusted by top conglomerates and institutions. Our ECM desk leverages our legacy expertise to develop innovative solutions that maximize growth and value for our clients. Our expertise across sectors, strong regulatory oversight, and global marketing capabilities has kept us at the #1 position in ECM for over a decade. Our leadership is reinforced by numerous accolades, including being named India’s Best Investment Bank and Best Securities House in 2024 (by Finance Asia, Euromoney and Asia Money).

Initial Public Offerings (IPOs)

  • Extensive experience in managing large-scale IPOs across diverse sectors
  • Expertise in structuring, pricing, and marketing IPOs for optimal investor participation
  • Strong relationships with institutional investors, ensuring high demand and market success
  • Proven record of successful IPO execution for large corporates and mid-market firms.

Follow-on Public Offerings

  • Comprehensive capabilities in executing follow-on offerings, QIPs, rights issues, block deals, and OFS
  • Strong retail and non-institutional investor marketing, ensuring broad participation
  • Seamless execution of complex secondary transactions resulting in timely and successful fundraising
  • Repeat capital-raising mandates testify to trusted and sustained corporate partnerships.

Transactions

  • 8,670 Mn

    QIP Nov 2021

  • 10,400 Mn

    IPO Dec 2021

  • 50,000 Mn

    IPO Aug 2021

  • 209,870 Mn

    Rights Issue Nov 2021

  • 8,670 Mn

    QIP Nov 2021

  • 8,670 Mn

    QIP Nov 2021

  • 8,670 Mn

    QIP Nov 2021

  • 8,670 Mn

    QIP Nov 2021

  • 8,670 Mn

    QIP Nov 2021

  • 209,870 Mn

    Rights Issue Nov 2021

  • 10,400 Mn

    IPO Dec 2021

  • 50,000 Mn

    IPO Aug 2021

  • 8,670 Mn

    QIP Nov 2021

  • 8,670 Mn

    QIP Nov 2021

  • 209,870 Mn

    Rights Issue Nov 2021

  • 10,400 Mn

    IPO Dec 2021

  • 50,000 Mn

    IPO Aug 2021

  • 8,670 Mn

    QIP Nov 2021

  • 8,670 Mn

    QIP Nov 2021

  • 8,670 Mn

    QIP Nov 2021


Axis Capital’s ECM practice is led by

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Axis Capital’s ECM practice is led by

  • Pratik Loonker Managing Director

    Pratik heads the equity capital markets business for Axis Capital.

    He has 15 years of experience in the investment banking industry and has worked in the capital markets before leading the ECM team for ICICI Securities and Investec. He has previously worked with organizations like ICICI Securities, Investec, Deutsche Bank and Morgan Stanley

    Pratik has an MBA finance degree from Mumbai University and a bachelor’s degree in commerce from Mithibai College, Mumbai

    Reach Pratik

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