India's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show strong potential, with experts noting ample room for new players possessing robust distribution and investor networks.

Zerodha seeks SEBI approval for a merchant banking licence to expand its investment banking services and enhance financial offerings.

Zerodha, a leading discount broker, has applied for a SEBI licence to enter the investment banking space, leveraging India's booming IPO market for portfolio diversification.

Zerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investment banking. The move aligns with Indias strong IPO pipeline and expanding…

Zerodha will be able to manage initial public offerings (IPOs) if it gets the licence.

India's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm,…

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