Allahabad Bank

Allahabad Bank

Allahabad Bank, a SEBI-registered Category I Merchant Banker, offers a comprehensive suite of fee-based financial services tailored to meet the evolving needs of its clients. Its offerings include IPO management, debt and loan syndication, trusteeship services (debenture trustee/security trustee), structured finance, placement of equity shares to Qualified Institutional Buyers (QIBs), investment advisory, and portfolio management services. The bank assumed the role of lead manager after the acquisition and subsequent merger of its wholly owned subsidiary, AllBank Finance Ltd, which was incorporated in 1951. This strategic merger, completed in December 2016, allowed Allahabad Bank to consolidate and expand its investment banking capabilities under a unified platform.