About Us

A leading full-service investment bank in India

Leadership Team

Kotak Investment Banking is led by a highly experienced team of professionals who have in-depth knowledge and understanding of the industry.

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Kotak Investment Banking is a subsidiary of Kotak Mahindra Bank Limited, one of India’s leading banking and financial services organizations with a consolidated net worth of Rs 17,228 crore (approx US$ 2.9 billion) as on June 30, 2013.

Kotak Investment Banking is a leading full-service investment bank in India, offering integrated solutions encompassing high-quality financial advisory services and financing solutions. Our services include Equity and Debt Capital Market issuances, M&A Advisory, Private Equity Advisory and Infrastructure Advisory & Fund Mobilization. As a specialist Indian investment bank, our aim is to offer our expertise and strategic advice on all India-related transactions:

  • by India (assisting Indian companies on their growth, investment and strategic plans) and
  • of India (advising international companies seeking to enter or diversify in the Indian market)

Our key strengths include:

  • A solid reputation for unmatched advisory services and deal execution skills, which is reflected in our consistent leadership on the league tables for both Equity offerings and M&A transactions
  • An in-depth understanding of the local market and intimate knowledge of industry verticals through dedicated sector experts
  • Our values focused on maintaining the highest ethical standards and our approach in always keeping our clients’ interests first
  • The ability to leverage the Group’s products, intellectual capital, relationships and wide-ranging experience to customize innovative solutions for our clients
  • Strong relationships with all the leading business houses in India cultivated through several years of client servicing
Kotak Investment Banking affiliates in USA and UK were the first Indian owned companies to register with FINRA (formerly NASD) in the US and the Financial Services Authority (FSA) in the UK. The firm is also a member of the National Stock Exchange of India, wherein it executes, clears and settles cash, futures and options transactions for clients.

Leadership Team

Shanti Ekambaram
President, Corporate & Investment Banking
Kotak Mahindra Bank Ltd.

Shanti Ekambaram has been associated with the Kotak Mahindra group for over 20 years and during this period, has been responsible for successfully setting up and running several business units within the group. As President, Corporate & Investment Banking at Kotak Mahindra Bank, Shanti is responsible for ensuring delivery of comprehensive advisory & financial solutions to leading Indian Corporates, Public Sector Undertakings, Financial Institutions, Multinationals and the Government. Shanti has a rich and varied experience in Investment Banking including Capital Markets (IPOs, Private Equity, Strategic Equity), M&As, Fixed Income, Fixed Income Syndication & Advisory, the Proprietary Fixed Income Government Securities business and Corporate Banking including working capital & project financing, transaction banking services & treasury products. Shanti graduated with a Bachelor of Commerce degree from the prestigious Sydenham College, University of Mumbai and has completed her Chartered Accountancy, and Cost and Works Accountancy. She was chosen among Business Today’s ‘Most Powerful Women in Indian Business’ in 2013.
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Raghunath T V
Managing Director & CEO
Kotak Investment Banking

TV Raghunath was appointed Managing Director & Chief Executive Officer of Kotak Investment Banking on July 1, 2012. Prior to this, he was Head – Group Strategy at Kotak Mahindra Bank. Raghunath joined the Kotak Mahindra group in 1998 with the investment bank. During his decade-long tenure at Kotak Investment Banking till 2008, he was instrumental in building the M&A franchise of the firm. He has advised a number of clients including, Wal-Mart on its India entry strategy, Standard & Poor’s on its acquisition of CRISIL and Bombay Stock Exchange on its demutualization, among many others. Raghunath brings to bear a multi-disciplinary background, being an Engineer (IIT, Madras), MBA (IIM, Bangalore) and a FCA (Chartered Accountant; All-India 6th Rank), and with advisory services experience of over 26 years in various management disciplines, especially financial advisory services.
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S Ramesh
Director & Member of the Board

Over a career spanning more than two decades, Ramesh has extensive experience in the investment banking industry and has worked on a number of marquee capital market transactions. Ramesh is widely considered to be a thought leader in the capital markets industry and has been closely involved in a number of landmark initiatives and product innovations introduced in the Indian capital markets. He has an in-depth understanding of the regulatory framework for capital markets designed by the Securities and Exchange Board of India (SEBI) and the stock exchanges and has served on a number of committees formed by SEBI. Ramesh is a chartered accountant (ACA, ACS, Grad CWA).
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Sourav Mallik
Senior Executive Director & Head - M&A

Sourav Mallik is a specialist in M&A Advisory, Deal Structuring, Restructuring, Valuations, Joint Ventures and India Entry services.. With over 17 years’ experience, Sourav has advised a range of clients on their growth strategies, M&A and restructuring plans. He is also very familiar with the regulatory framework for M&A (including cross-border M&A). Sourav’s outbound M&A expertise has been built by liaising with international investment banks across Japan, Western Europe and UK, and he is currently working on many initiatives covering these geographies. Sourav was a member of the SEBI’s Takeover Regulations Advisory Committee, which recommended a new set of Takeover Regulations for Indian listed companies in 2010. He is an Engineer from IIT, Delhi and completed his MBA from IIM, Ahmedabad.
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Chetan Savla
Senior Executive Director & Head of Corporate Advisory Group

Chetan Savla is part of the leadership team with oversight responsibility for origination and execution of all Investment Banking products across sectors. He additionally spearheads a number of large client relationships. Chetan joined the Kotak Mahindra Group in 1994 and has over two decades of experience in investment banking with one of the most diverse track records spanning equity capital markets and M&A advisory services. Chetan has worked on the development of some of the most path breaking innovations in the Indian capital markets including the introduction of book building in public offers and the introduction of Qualified Institutional Placements in India. Chetan is a 1991 post graduate from the Indian Institute of Management, Ahmedabad.
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V Jayasankar
Senior Executive Director & Head of Equity Capital Markets

Jayasankar has been with the Kotak Mahindra Group for close to 20 years. Over the last two decades, he has worked in diverse areas within the investment bank encompassing Capital Markets, Private Equity and M&A. Jayasankar has advised a number of marquee clients, been involved in landmark Disinvestment / PSU deals and has also advised several marquee private equity and buy-out funds helping them identify and invest in some of India’s leading corporates as well as advising on divestures. As the Head of Equity Capital Markets, Jayasankar has worked on several pioneering and industry-defining transactions that have helped strengthen Kotak Investment Banking’s leadership position in the industry. Jayasankar is an Engineer (IIT, Madras) and MBA (IIM, Bangalore) with total work experience of nearly 25 years in financial advisory services.
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Sanjay Sethi
Senior Executive Director & Head of Infrastructure Group

Sanjay joined Kotak Investment Banking in 2007 to set-up the firm’s infrastructure practice and now leads a team of experienced infrastructure investment banking professionals. The team provides the entire gamut of equity, debt, M&A and advisory solutions to public and private sector corporates engaged in infrastructure development across the country. Sanjay has over 23 years of experience in Corporate and Project Finance, Project Development, Project Advisory and Resource Raising across infrastructure sectors like power, telecommunications, highways, seaports, airports, railways and SEZs. He is a member of CII’s National Committee on Transport Infrastructure, CII’s Core Group on Roads and Highways and the Indo-UK Core Group on PPP in Infrastructure.
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Shefali Shah
Senior Executive Director & Head of Financial Sponsors Group

Shefali joined Kotak Investment Banking in 2011. She heads the Financial Sponsors Group (FSG) where she spearheads transactions involving leading private equity and hedge funds. Shefali also oversees a number of large client relationships in the Automobiles & Auto Components, Engineering and Industrials sectors. Shefali has over 23 years of experience in investment banking and management consulting. Prior to joining Kotak, Shefali was with Rabo India Finance Limited, where she headed the M&A division. She has also previously worked with BNP Paribas as Country Head – Investment Banking and Ernst & Young in their Corporate Advisory Services team. She started her career with DSP Merrill Lynch.

Pankaj Kalra
Senior Executive Director

Pankaj joined Kotak Investment Banking in July 2013 as Senior Executive Director responsible for coverage of a number of large corporate relationships. In addition, he leads the healthcare sector. Pankaj is a highly experienced banker and has close to 2½ decades of investment banking experience in India and globally, advising on M&A and capital market transactions across a wide range of industries. Pankaj joined Kotak from Credit Suisse Securities India where he was a Managing Director in the Investment Banking Division. Prior to Credit Suisse, he spent twelve years with Merrill Lynch’s Investment Banking team across Hong Kong, Singapore, London and Mumbai. Pankaj is a Chartered Accountant and an MBA from The Wharton School, University of Pennsylvania.
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Transactional Experience
 

Kotak Investment Bank AwardsAwards

  • Best M&A House in India in the Euromoney Awards for Excellence 2013
  • Best Domestic Equity House by Asiamoney, 2013, 2011, 2010, 2009 & 2008
  • Dealmaker of the year for Qualified Institutional Placements in the Businessworld Awards - India's Best Dealmakers 2012
  • Deal of the year for the M&M Financial Services QIP in the Businessworld Awards - India's Best Dealmakers 2012
  • Best Investment Bank in India by FinanceAsia, 2012, 2011, 2010, 2009, 2008, 2007 & 2006
  • Best Equity House in India by FinanceAsia, 2012, 2011, 2010 & 2008
  • Investment Bank of the Year in India, ACQ Global Awards 2012
  • Securities Advisory Firm of the Year in India, Corporate Intl Global Awards 2012
  • Best Domestic Investment Bank in The Asset Country Awards, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006
  • Best Bank for Equity Finance and Debt Capital Markets in India in the Euromoney Real Estate Poll, 2011