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Enam voted best equity house

Our Bureau

Mumbai , June 19

Investment bank, Enam Financial Consultants (P) Ltd, has been voted as the `Best Domestic Equity House' from India in a survey of regional analysts and investors by AsiaMoney magazine.

"Enam is the leading indigenous equity capital market house, with 24 issues completed worth $754 million in the year to end-May. The brokerage still lags foreign-owned or foreign-invested houses such as Citigroup and DSP Merrill Lynch, but domestic analysts believe Enam has strong foundations built on a broad stable of domestic customers over the last 12 months," said the survey, conducted by Deologic, for the magazine.

Some of the prominent issues handled by Enam in recent times include IPOs by renewable energy equipment maker Suzlon Energy, retailer Shoppers' Stop, Sasken Technologies, Yes Bank and Radio Mirchi.

Deologic poll surveyed the best homegrown banks and trading houses across Asia-Pacific countries, the findings of which have been made public in the latest June 2006 issue of AsiaMoney.

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