Pankaj Kalra
Senior Executive Director
KOTAK MAHINDRA
Pankaj Kalra joined Kotak Investment Banking in 2013 as Senior Executive Director. In July 2021, Pankaj relocated to Kotak Mahindra UK’s Singapore Branch to lead bank wide coverage of Singapore based companies and funds, which are focused on India. Pankaj continues to be closely involved with the Kotak Investment Bank in India, is part of the management committee and oversees coverage across infrastructure, digital and the Financial Sponsors Group.
Pankaj joined Kotak Investment Banking from Credit Suisse Securities India where he was a Managing Director in the Investment Banking Division from 2008 to 2012. At Credit Suisse, Pankaj was responsible for origination and execution of strategic advisory and capital market transactions for clients across the energy, power, telecom and diversified industrial sectors. Prior to Credit Suisse, Pankaj spent twelve years with Merrill Lynch’s Investment Banking team across Hong Kong, Singapore, London and Mumbai.
Pankaj is a highly experienced banker and has more than 25 years of investment banking experience in India and globally, advising on M&A and capital market transactions across a wide range of industries.
Some of the significant advisory transactions he has advised on include advising GIC and Cintra on the US$700 million investment in IRB Infrastructure, advising NHAI on the inaugural INVIT of US$650 million anchored by CPPIB and OTPP, advising Tata Chemicals on the $400 million sale of the urea business to Yara, advising American Tower on the US$1 billion acquisition of VIOM Networks, advising Netmagic on sale of 74% interest to NTT Communications, advising Vedanta PLC on its US$ 6.8 billion acquisition of Cairn India, advising Cairn India on sale of a 10% interest to Petronas, advising on the US$1.8 billion merger of Reliance Industries and IPCL, and advising Imperial Energy on its US$ 2.5 billion sale to ONGC Videsh. Major capital market transactions include the US$ 2 billion IPO of Cairn India, the US$ 525 million IPO of Adani Ports, the US$ 135 million IPO of Mercator Lines Singapore, the US$ 200 million convertible bond offering for Videocon Industries, the US$ 175 million IPO of Bharti Airtel, NYSE listings for ICICI and ICICI Bank, and Singapore listings for Singapore Airport Terminal Services and SIA Engineering Company, among many others.
Pankaj is a Chartered Accountant and an MBA from The Wharton School, University of Pennsylvania.