Why merchant bankers aren’t smiling despite earning record fee from IPOs

By Ankit Doshi

  • 22 Feb 2018
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Credit: Thinkstock

The boom in primary market activity in India not just helped the companies raise a record amount of funds last year but also propelled merchant banking fee to a new peak, according to a VCCircle analysis.However, that’s not a good-enough reason to cheer for the merchant bankers. For, while fee ......

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