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investment banking

Designed to Deliver

At our Investment Banking business, we combine wide deal experience, deep understanding of various industries and extreme customer orientation to deliver optimal outcomes to our clients. This is facilitated by our expertise across various investment banking products and well-entrenched relationships with the investor community, market intermediaries & Indian and international corporates.
The team comprises over 20 professionals having substantial experience in the full range of Investment Banking advisory and transaction solutions to both Indian and International clients, covering private placement of equity, M&A advisory and Equity Capital Markets transactions.
Since inception in 2006, the investment banking unit has executed marquee transactions in Equity Capital Markets, M&A, and Private Capital Raising, thereby establishing a solid track record in the investment banking space.

Business Activities of Motilal Oswal Investment Advisors Limited:

Equity Capital Markets

  • Initial Public Offerings; Follow On Public Offerings; Rights Issues
  • Qualified Institutions Placement; Preferential Placements; Offer For Sale
  • Buybacks and Open Offers

M&A & Private Capital Raising

  • Buy Side and Sell Side M&A Advisor
  • Private Equity Placements
  • Structured Finance and Debt Solutions

Business Highlights
  • Top Ranked Capital Market Practice: #1 and #3 BRLM for QIPs in FY2017 and 2018 respectively.
  • Have executed on several marquee transactions in the recent past:
    • Sole banker for the highly successful Pre-IPO and IPO of MAS Financial Services Limited in Oct 2017.
    • Executed one of India’s largest cross-border M&As in 2017, representing Motherson Sumi in the ~$600m purchase of Finland based PKC Group, a leading global auto-components company.
    • BRLM for   50,000 mn QIP of Piramal Enterprises in October 2017.
    • BRLM for the QIP (Feb 2018) of HDFC Ltd.
    • BRLM for   49,000 mn QIP of Yes Bank in March 2017.
  • Facilitated periodic thematic conclaves between corporates and investors.
  • Deal leadership and industry expertise in Financial Services, Media and Technology, Consumer, Healthcare, Pharma, Industrial and Automotive sectors.
people
  • Girish Nadkarni Managing Director

    Girish Nadkarni brings with him over 23 years of rich experience in Investment Banking, ECM, and Institutional Equities businesses. An MBA from the Indian Institute of Management, Ahmedabad, Girish is also an Associate Member of ICWAI.

    His last stint was with Avendus Capital as Executive Director, where he was managing Equity Capital Markets (ECM) business, Institutional Equities business and leading the Real Estate industry practice. He not only managed several ECM transactions but was also involved in helping private companies raise equity capital from private equity funds.

    He has closed several marquee transactions and built strong relationships with investors in Hong Kong, Singapore, London and the United States. He also has deep experience and expertise in managing various kinds of capital market transactions such as IPOs, QIPs, Open Offers/Buybacks and Delisting.

    Prior to Avendus, Girish was on the Board of IL&FS Investsmart where he was heading the Institutional Equities and the Capital Markets business. He has taken over 50 companies public in the last 7-8 years prominent among them being Page Industries, Gateway Distriparks, Shoppers Stop, IL&FS Transportation Networks and Indoco Remedies.

    He has also helped private companies such as Value Budget Housing Corporation, Home First, Finance Co., Magicrete Building Solutions and Pennar PEBS raise equity from Private Equity funds.

    Girish Nadkarni has also worked in the past with ITC Ltd. and ICICI Ltd. He joined Motilal Oswal in 2014.

  • Mukund Ranganathan Executive Director - MOIAL

    Mukund Ranganathan has joined as “Executive Director” in Investment Banking at MOT Office.

    Mukund holds an MBA from the Indian Institute of Management, Ahmedabad and B. Tech (Electrical Engg) from IIT Madras. He has over 18 years of rich experience in Investment Banking.

    Mukund’s last stint was with Edelweiss Financial Services Limited as “Executive Vice President”, where he has worked on M&A, Private Equity and Capital Markets transactions.

    At Edelweiss, he started his journey as head of the PE Advisory practice and was responsible for all private equity and mezzanine transactions, as well as overseas issuances of convertibles and GDRs done by Edelweiss. Subsequently, he jointly headed the IB Advisory for M&A and Private Capital Raising. Mukund brings experience and proven track record of success which will be valuable for our organisation.

    Prior to Edelweiss, he has worked for 9 years with Morgan Stanley and JM Morgan Stanley.

  • Deepesh Patoria Director - MOIAL

    Deepesh holds an MBA from Jiwaji University, Chartered Accountant, Company Secretary and B Sc in Mathematics. He has over 11 years of rich experience in Investment Banking across sectors specializing in equity capital market (ECM), private equity syndication (PE) and M&A.

    Deepesh’s last stint was with Avendus Capital Pvt. Ltd. as “Executive Director – Financial Advisory”, where he worked on all products M&A, Private Equity and Capital Markets. He was responsible for origination, relationship management and execution. Worked across sectors like Consumer, Industrials, NBFC, Pharma, Commodities, Hospitality, Chemicals and IT & ITES. He was leading ECM Transaction and setting-up Healthcare Delivery vertical and Investment Banking transactions for Market Leaders is small Industry segment (less than USD 20 mn transaction). He brings experience and proven track record of success which will be valuable for our organisation.

    He worked with companies like Avendus Capital Pvt. Ltd., IL&FS Investsmart Ltd. and TAIB Securities Ltd.

  • Nisha Shah Director - MOIAL

    Nisha is responsible for the execution equity capital market transactions including Initial Public Offers (IPOs), rights issue, buyback of shares, open offers as per SEBI Takeover Regulations, delisting of securities from the stock exchanges etc.

    She has more than 19 years of experience in corporate finance, advisory services, fund raising and equity capital markets. She has been responsible for managing IPOs of DCB, Zylog Systems, Shriram EPC, Archidply Industries, Pipavav Shipyard and MBL Infrastructures.

    Prior to joining MOIAPL, Nisha was a senior member of the investment banking team at Anand Rathi Securities where she was a part of execution of number of IPOs viz HCL Technologies, Tips Industries, Emami Ltd, Plethico Pharmaceuticals, Provogue India, Bombay Rayon, Hanung Toys and Textiles etc. She has also managed open offers, preferential issues, buybacks and delistings for companies including Alembic Glass, Raipur Alloys, Sea Lord Containers, TCG Urban Infrastructure etc.