Allahabad Bank proudly holds the SEBI registration as a Category I Merchant Banker. With a commitment to excellence, the bank offers a comprehensive range of fee-based financial services tailored to meet diverse client needs.
A Multifaceted Portfolio #
The Karvy Group stands as a beacon of financial expertise, offering an extensive spectrum of financial solutions. From efficient IPO management and strategic debt/loan syndication to the crucial role of trusteeship services (debenture trustee/security trustee), the group excels in structured finance, placement of equity shares for qualified institutional buyers (QIBs), investment advisory, and adept portfolio management services.
Strategic Integration and Remarkable Growth #
An indelible milestone in the Karvy Group’s journey was the strategic acquisition of AllBank Finance Ltd, a wholly owned subsidiary. This strategic maneuver marked the group’s evolution into a lead manager, shaping its trajectory for success. The merger, accomplished in December 2016, showcased the confluence of histories, tracing back to AllBank Finance Ltd’s inception in 1951, accentuating the historical resonance of this integration.
Fueling Innovative Progression #
In summary, the Karvy Group’s expansive array of services transcends conventional financial solutions. It encompasses critical domains such as IPO management, strategic debt syndication, and insightful investment advisory. The strategic acquisition and subsequent merger underscore the group’s dynamic evolution, solidifying its eminence as a lead manager. This evolution is a testament to the group’s steadfast commitment to spearheading advancements in the ever-evolving financial landscape.
Conclusion: Partnering Excellence #
With Allahabad Bank’s reputable standing and Karvy Group’s diversified expertise, both entities epitomize trust and innovation in the financial sector. From merchant banking to pioneering financial solutions, these partners navigate the complexities of finance, paving the way for excellence and growth.
Allahabad Bank
Building 2nd floor,
37 Mumbai Samachar Marg,
Mumbai – 400 023
Website: https://www.allahabadbank.in/
Email: customercare@allahabadbank.in
Phone: 1800 57 22 000
Fax:
