AK Capital Services is planning to raise Rs.400 Cr through QIP to fund its organic and inorganic growth.
AK Capital Services Ltd is a merchant banker in the Indian corporate fixed income Securities market through private placement / public issues and for management consultancy, advisory services, financial restructuring, etc.
Transaction Reference: Myiris
AK Capital was the ‘Lead Manager’ in public issue of NCD aggregating Rs.10,00 Cr by Shriram Transport Finance Company Ltd. (one of the three NCD issues in India)
For Q1 2011, it reported a PAT of Rs.14.1 Cr on a turnover of Rs.40.6 Cr.
For full year 2009-10, its total income increased by 21% to Rs.158.50 cr and PAT increased by 39% to Rs.52.37 cr.
In the BFSI space, there has been some fund raising plans in last few months.
Cholamandalam Investment and Finance Company (CIFCL) is planning to raise Rs.250 Cr through QIP (Rs.150 Cr) and preferential issue (Rs.100 Cr), Angel Broking is raising Rs.300 Cr fro PE firms, Manappuram General Finance is planning to raise Rs.1500 Cr, SBI raised $1 Bn from overseas market through bond issue and many others.
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4126
3836
944
4256
972
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17633
42
1639
25439
3002
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1343
458
3139
32625
140
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24534
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KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
| 04/08/10 |
AK Capital - QIP |
IPO / Offerings |
Looking For |
86.80 |
| 17/09/09 |
AK Capital - FirstRand Ireland Public (Part Exit) |
Private Equity |
|
5.07 |
| 11/09/07 |
AK Capital - FirstRand Ireland Public |
Private Equity |
FirstRand Ireland Public Limited |
4.44 |
| Date | Type | Buyer | Target | Size ($mn) | State |
| 11/05/12 |
M&A |
Warburg Pincus International |
Future Capital Holdings Limited (Co.) |
- |
Planned |
| 08/05/12 |
M&A |
HCL Group |
DLF Pramerica Life Insurance Company Limited |
- |
Planned |
| 08/05/12 |
M&A |
AEGON |
Aegon Religare Life Insurance Company Limited |
- |
Rumor |
| 02/05/12 |
Private Equity |
International Finance Corporation |
MAS Financial Services Limited |
12.00 |
Planned |
Company |
| Name | Promoters | Office | Competitor | Website |
| A K Capital Services Limited |
AK Group |
FLAT-NSAGAR APARTMENT,
6 TILAK MARG,
DELHI-110001 |
India Infoline Limited |
http://www.akcapindia.com/ |
