Bookrunner League Table of Local Indian Bonds, 2025 (issue size above INR 10 crore)
- #
- Investment Bank
- Amount, mln USD
- Number of issuers
- Number of issues
- 1
-
- Trust Investment Advisors
- 10,301
- 55
- 175
-
-
-
Amount, mln USD | Share, %10,301 | 17.16
-
Number of issuers | Number of issues
- ***
- ***
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- ***
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- ***
- ***
- ***
- ***
- ***
- 2
-
- Axis Bank
- 7,323
- 40
- 80
-
-
-
Amount, mln USD | Share, %7,323 | 12.20
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
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- ***
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- ***
- ***
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- ***
- ***
- ***
- ***
- ***
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- ***
- ***
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- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 3
-
- ICICI Bank
- 6,336
- 45
- 98
-
-
-
Amount, mln USD | Share, %6,336 | 10.56
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
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- ***
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- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
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- ***
- ***
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- ***
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- ***
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- ***
- ***
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- ***
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- ***
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- ***
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- ***
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- ***
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- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 4
-
- A.K. Group
- 5,658
- 44
- 90
-
-
-
Amount, mln USD | Share, %5,658 | 9.43
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 5
-
- HDFC Bank
- 4,318
- 30
- 69
-
-
-
Amount, mln USD | Share, %4,318 | 7.20
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 6
-
- SBI Capital Markets
- 4,060
- 22
- 46
-
-
-
Amount, mln USD | Share, %4,060 | 6.76
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 7
-
- Vivro Financial Services
- 3,487
- 6
- 91
-
-
-
Amount, mln USD | Share, %3,487 | 5.81
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 8
-
- Barclays
- 2,107
- 8
- 13
-
-
-
Amount, mln USD | Share, %2,107 | 3.51
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 9
-
- Tipsons Consultancy Services
- 1,714
- 14
- 94
-
-
-
Amount, mln USD | Share, %1,714 | 2.86
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 10
-
- Standard Chartered Bank
- 1,685
- 8
- 13
-
-
-
Amount, mln USD | Share, %1,685 | 2.81
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 11
-
- Yes Bank
- 1,639
- 16
- 46
-
-
-
Amount, mln USD | Share, %1,639 | 2.73
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 12
-
- PNB Gilts
- 1,296
- 12
- 43
-
-
-
Amount, mln USD | Share, %1,296 | 2.16
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 13
-
- Nuvama Wealth Management
- 1,288
- 18
- 49
-
-
-
Amount, mln USD | Share, %1,288 | 2.15
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 14
-
- Edelweiss Financial Services
- 928
- 1
- 31
-
-
-
Amount, mln USD | Share, %928 | 1.55
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 15
-
- Kotak Mahindra Bank
- 880
- 12
- 24
-
-
-
Amount, mln USD | Share, %880 | 1.47
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 16
-
- Deutsche Bank
- 814
- 2
- 4
-
-
-
Amount, mln USD | Share, %814 | 1.36
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 17
-
- Citigroup Global Markets India
- 739
- 2
- 5
-
-
-
Amount, mln USD | Share, %739 | 1.23
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- 18
-
- IDBI Capital Markets & Securities
- 708
- 8
- 26
-
-
-
Amount, mln USD | Share, %708 | 1.18
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 19
-
- Morgan Stanley India Company
- 703
- 2
- 2
-
-
-
Amount, mln USD | Share, %703 | 1.17
-
Number of issuers | Number of issues
- ***
- ***
- 20
-
- SMC Capitals
- 575
- 1
- 10
-
-
-
Amount, mln USD | Share, %575 | 0.96
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 21
-
- Union Bank of India
- 537
- 7
- 15
-
-
-
Amount, mln USD | Share, %537 | 0.90
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 22
-
- HSBC
- 462
- 9
- 11
-
-
-
Amount, mln USD | Share, %462 | 0.77
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 23
-
- Taurus Corporate Advisory Services
- 375
- 5
- 12
-
-
-
Amount, mln USD | Share, %375 | 0.62
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 24
-
- CapitalSquare Advisors
- 276
- 5
- 12
-
-
-
Amount, mln USD | Share, %276 | 0.46
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 25
-
- SKI Capital Services
- 184
- 14
- 20
-
-
-
Amount, mln USD | Share, %184 | 0.31
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 26
-
- PRP Professional Edge Associates
- 178
- 4
- 7
-
-
-
Amount, mln USD | Share, %178 | 0.30
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 27
-
- Morgan Stanley
- 172
- 1
- 1
-
-
-
Amount, mln USD | Share, %172 | 0.29
-
Number of issuers | Number of issues
- ***
- 28
-
- Darashaw & Co
- 165
- 6
- 8
-
-
-
Amount, mln USD | Share, %165 | 0.28
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 29
-
- BNP Paribas
- 165
- 2
- 2
-
-
-
Amount, mln USD | Share, %165 | 0.27
-
Number of issuers | Number of issues
- ***
- ***
- 30
-
- Equirus Capital
- 117
- 7
- 7
-
-
-
Amount, mln USD | Share, %117 | 0.20
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 31
-
- Real Growth Securities
- 108
- 2
- 4
-
-
-
Amount, mln USD | Share, %108 | 0.18
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 32
-
- Sunrise Gilts & Securities
- 90
- 4
- 5
-
-
-
Amount, mln USD | Share, %90 | 0.15
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- 33
-
- STCI Primary Dealer
- 84
- 3
- 3
-
-
-
Amount, mln USD | Share, %84 | 0.14
-
Number of issuers | Number of issues
- ***
- ***
- ***
- 34
-
- Aspero Markets
- 64
- 5
- 5
-
-
-
Amount, mln USD | Share, %64 | 0.11
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- 35
-
- Afco Capital India
- 50
- 1
- 2
-
-
-
Amount, mln USD | Share, %50 | 0.08
-
Number of issuers | Number of issues
- ***
- ***
- 36
-
- Canara Bank
- 47
- 2
- 2
-
-
-
Amount, mln USD | Share, %47 | 0.08
-
Number of issuers | Number of issues
- ***
- ***
- 38
-
- Centrum Capital
- 45
- 1
- 1
-
-
-
Amount, mln USD | Share, %45 | 0.08
-
Number of issuers | Number of issues
- ***
- 39
-
- Corporate Professionals Capital
- 44
- 1
- 10
-
-
-
Amount, mln USD | Share, %44 | 0.07
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 40
-
- BOB Capital Markets
- 41
- 1
- 1
-
-
-
Amount, mln USD | Share, %41 | 0.07
-
Number of issuers | Number of issues
- ***
- 41
-
- Elara Capital (India)
- 35
- 1
- 1
-
-
-
Amount, mln USD | Share, %35 | 0.06
-
Number of issuers | Number of issues
- ***
- 42
-
- AUM Capital Market
- 35
- 1
- 1
-
-
-
Amount, mln USD | Share, %35 | 0.06
-
Number of issuers | Number of issues
- ***
- 43
-
- Avendus Capital
- 33
- 1
- 1
-
-
-
Amount, mln USD | Share, %33 | 0.06
-
Number of issuers | Number of issues
- ***
- 44
-
- LKP Securities
- 29
- 2
- 2
-
-
-
Amount, mln USD | Share, %29 | 0.05
-
Number of issuers | Number of issues
- ***
- ***
- 46
-
- DBS Bank India
- 23
- 1
- 1
-
-
-
Amount, mln USD | Share, %23 | 0.04
-
Number of issuers | Number of issues
- ***
- 47
-
- Motilal Oswal Financial Services
- 11
- 2
- 2
-
-
-
Amount, mln USD | Share, %11 | 0.02
-
Number of issuers | Number of issues
- ***
- ***
- 50
-
- Catalyst Trusteeship
- 1
- 1
- 1
-
-
-
Amount, mln USD | Share, %1 | 0.00
-
Number of issuers | Number of issues
- ***
- Other investment banks
- 1,623
- 33
- 56
-
Amount, mln USD | Share, %1,623 | 3
-
Number of issuers | Number of issues33 | 56
- Total
- 60,014
- 202
- 697
-
Amount, mln USD | Share, %60,014 | 100
-
Number of issuers | Number of issues202 | 697









