Investment BankingIntermediate

Equity Capital Markets

ECM

The team that helps companies raise money by issuing shares.

Detailed explanation

ECM handles IPOs, follow-on public offers (FPOs), qualified institutional placements (QIPs), rights issues and block trades.

Why it matters

It connects companies needing growth capital with public-market investors.

Key points

  • IPO, FPO, QIP, rights issue, OFS.
  • Works with syndicate and sales teams.
  • Pricing via book building.

Related terms

IPOBook BuildingQIP

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Educational content only. Definitions and examples are illustrative and are not investment, tax or legal advice.