current affairs, banking Sector, banking terms etc.

EQUITY CAPITAL MARKETS ICICI Securities has been at the forefront of capital markets advisory for several decades and has also been involved in most of the major public equity issuances in recent times. The company was among the leading underwriters of Indian equity and equity linked offerings with unparalleled execution capabilities. ICICI Securities provides end-to-end fund raising solutions, from structuring to placement of the equity instrument. The firm's expertise include Initial Public Offerings (IPOs), Further Public Offerings (FPOs), Rights Offerings, Convertible Offerings, Qualified Institutional Placement (QIP), Non-convertible Debentures, Buyback, Delisting, Open Offers and international offerings, for both, unlisted and listed entities. ICICI Securities has successfully managed public issues of companies which were the first in their sector to tap the market - media both print and television, first Govt. of India divestment IPO, first pure-play internet company in India, first mobile VAS company, etc. ICICI Securities was also involved in various pioneering issues in the Indian capital markets - the first issue using the new alternate book-building (French Auction) method (NTPC), the first issue of shares with Differential Voting Rights (Tata Motors), the first public issue of Non-Convertible Debentures (Tata Capital), the first delisting using the reverse book-building mechanism (Hewlett-Packard), etc. With offices across major financial centres (New York, Singapore, Mumbai and Delhi), ICICI Securities delivers its products covering corporates and investors across geographies. Key Recent Deals

In FY2010, ICICI Securities has helped companies raise ~ US$ 1.86 billion through QIPs and IPOs in FY2010. (Source: Prime Database). Some of the recent transactions include: IPOs Jaypee Infratech: In 2010, Book Running Lead Manager, Rs. 22.6 bn A2Z Maintenance & Engineering Services: In 2010, Book Running Lead Manager, Rs. 8.6 bn Punjab & Sind Bank: In 2010, Book Running Lead Manager, Rs. 4.7 bn Nitesh Estates: In 2010, Book Running Lead Manager, Rs. 4.1 bn Shree Ganesh Jewellery House:: In 2010, Book Running Lead Manager, Rs. 3.7 bn Claris Life Sciences : In 2010, Book Running Lead Manager, Rs. 3 bn Parabolic Drugs: In 2010, Book Running Lead Manager, Rs. 2 bn Commercial Engineers & Body Builders Co: In 2010, Book Running Lead Manager, Rs. 1.7 bn Adani Power: In 2009, Book Running Lead Manager, Rs. 30.2 bn JSW Energy: In 2009, Book Running Lead Manager to the IPO of Rs. 27 bn Godrej Properties: In 2009, Book Running Lead Manager, Rs 4.7 bn

Indian Depository Receipts (IDRs) Standard Chartered: In 2010, Syndicate Member ? first-ever issuance of an IDR, Rs. 24.8 bn FPOs NTPC: In 2010, Book Running Lead Manager, Rs 84.8 bn Power Grid Corp. Of India: In 2010, Book Running Lead Manager, Rs 74.4 bn Rural Electrification Corporation: In 2010, Book Running Lead Manager, Rs 35.3 bn Shipping Corporation Of India: In 2010, Book Running Lead Manager, Rs 11.6 bn Engineers India: In 2010, Book Running Lead Manager, Rs 9.6 bn Public Issue of Debt Shriram Transport Finance Company: In 2010 & 2009 , Lead Manager, Rs 15 bn L &T Infrastructure Finance Company: In 2010, Lead Manager, Rs 2.6 bn QIPs Adani Enterprises: In 2010, Book Running Lead Manager, Rs. 40 bn GMR Infrastructure: In 2010, Lead Manager, Rs. 14 bn Lanco Infratech: In 2009, Book Running Lead Manager, Rs. 7.3 bn Alok Industries : In 2010, Book Running Lead Manager, Rs. 4.2 bn Network18 Media & Investments: In 2009, Book Running Lead Manager, Rs. 2 bn 3I Infotech: In 2010, Book Running Lead Manager, Rs. 1.8 bn Texmaco: In 2009, Sole Book Running Lead Manager, Rs. 1.7 bn Adhunik Metaliks: In 2009, Book Running Lead Manager, Rs. 1.4 bn Rights Issues Adani Enterprise: In 2010, Lead Manager, Rs. 14.8 bn IBN18 Broadcast: In 2010, Sole Lead Manager, Rs. 5.1 bn Television Eighteen India: In 2009, Lead Manager, Rs. 5.04 bn Infomedia18 : In 2009, Lead Manager, Rs. 1 bn Open Offer Fame India : In 2010, Sole Manager to the Offer, Rs. 1.8 bn Zenotech Laboratories : In 2010, Sole Manager to the Offer, Rs. 1.1 bn

OCL Iron & Steel : In 2009, Sole Manager to the Offer, Rs. 0.56 bn Delisting

Sulzer India : In 2010, Sole Manager, Rs. 0.81 bn Lotte India Corp: In 2009, Sole Manager, Rs. 0.4 bn Avery India : In 2009, Sole Manager, Rs. 0.29 bn Landmark Transactions

Tata Motors: First Rights Issue of shares with Differential Voting Rights Tata Capital: First public issue of secured Non Convertible Debentures (NCD) Daiichi Sankyo Co: Sole Managers to the one of the largest open offers of Rs 68.2 bn Bharti Airtel: First 100% Book-Built IPO in India HP: First delisting transaction in Indian markets using the Reverse Book-building mechanism Punjab National Bank: Initiated the Book Building mechanism for Public Sector Banks NTPC: First FPO under alternate book building (French Auction) route Network 18 : First Rights Issue done on the basis of Partly Convertible Cumulative Preference Shares with a three in one structure

Television Eighteen : First IPO of a News Channel Maruti Suzuki: First Government Of India Divestment through IPO Sify: Sponsored ADR of an unlisted Indian company Man Industries (India): The first Indian offering on the Dubai Financial Exchange to tap liquidity in the Middle East

Infoedge India (Naukri.com): First IPO of a pure-play Internet Company in India

MERGER & ACQUISITION

ICICI Securities' Mergers and Acquisitions Advisory team creates and executes market leading solutions for clients' strategic business ambitions. Our mid-market focused M&A practice is consistently among the top 3 investment banks in India. The M&A team is proficient in domestic and international transactions including acquisitions, divestitures, joint ventures, corporate restructurings, recapitalizations, spin-offs, mergers and exchange offers. The team also works closely with the leading financials sponsors or private equity houses in India. Our extensive knowledge of diverse industries and regulatory framework help us

innovate and tailor products and structures to best suit the client?s short- and long-term strategic objectives. PRIVATE EQUITY ICICI Securities has a dedicated practice to assist companies with capital mobilisation through the private equity / venture capital route across their life-cycle. We help companies to raise capital during the seed, growth and expansion phases as well as acquisition financing, structuring the deal to maximize value for all its stakeholders. Our extensive industry knowledge across multiple sectors, wide-ranging deal structuring capabilities and thorough grasp of the regulatory environment make us the 'banker of choice', for companies and private equity funds alike. We have working relationships with all major private equity players, both in India and abroad and can facilitate access for our clients to these investors. We advice on a wide variety of products including mezzanine and private equity financing, secondary sale transactions, pre-IPO deals and preferential allotments by listed companies. In the advisory space, some of the transactions advised by ICICI Securities in FY10 included the following: CEEBCO: In 2010, Exclusive Financial Advisor for Private Equity placement with Tata Capital, USD 15mn Muthoot Finance: In 2010, Exclusive Financial Advisor for Private Equity placement with Barings and Matrix Partners, USD 17.5mn A2Z Infrastructure: In 2009, Exclusive Financial Advisor for Private Equity placement with Indian Equity partners, USD 32.4 mn Shiv-vani: In 2009, Exclusive Financial Advisor for Private Equity placement with Franklin Templeton, USD 20mn PNB Housing Finance: In 2009, Exclusive Financial Advisor for Private Equity placement with New Silk Route, USD 17mn Arcil: In 2009, Exclusive Financial Advisor for Private Equity placement with GIC, USD 60 mn Nahar Retail: In 2008, Exclusive Financial Advisor for Private Equity placement with Sequoia, USD 27 mn The Park Hotels (Apeejay Group): In 2007, Exclusive Financial Advisor for Private Equity placement with CSFB, USD 55mn Powerica: In 2007, Exclusive Financial Advisor for Private Equity placement with Standard Chartered, USD 50mn

Vipul: In 2007, Exclusive Financial Advisor for Private Equity placement with Wachovia Securities, USD 57mn

Apar Industries: In 2006, Exclusive Financial Advisor for Private Equity placement with CLSA Singapore. USD 14.5mn

Tebma Shipyard: In 2007, Exclusive Financial Advisor for Private Equity placement with ICICI Ventures

ABOUT US
ICICI Securities Ltd is an integrated securities firm offering a wide range of services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. ICICI Securities sees its role as 'Creating Informed Access to the Wealth of the Nation' for its diversified set of client that include corporates, financial institutions, high net-worth individuals and retail investors. Headquartered in Mumbai, ICICI Securities operates out of 66 cities and towns in India and global offices in Singapore and New York.

ICICI Securities Inc., the stepdown wholly owned US subsidiary of the company is a member of the Financial Industry Regulatory Authority (FINRA) / Securities Investors Protection Corporation (SIPC). ICICI Securities Inc. activities include Dealing in Securities and Corporate Advisory Services in the United States. ICICI Securities Inc. is also registered with the Monetary Authority of Singapore (MAS)and operates a branch office in Singapore.