DSP Merrill Lynch leads underwriter for IPOs

New Delhi, Jan 3 (UNI) DSP Merrill Lynch Ltd (DSPML), India's leading investment bank and broking firm has been ranked number one Underwriter for Indian IPOs in 2006 capturing a market share of 17.4 per cent.

''It had the highest market share from eight deals including Rs 5,788 crore Cairn India Ltd IPO, Rs 801 crore GMR Infrastructure Ltd IPO, Rs 2,700 crore Reliance Petroleum Ltd IPO and Rs 602 crore Sun TV IPO,'' according to Bloomberg 2006 India Capital Markets League Tables.

''This leadership rank reflects DSPML's strong franchisee across individual and institutional investors as well as distribution strengths in both local and global markets,'' DSP Merrill Lynch Chairman Hemendra Kothari said.

UNI