PRIME RATES CONCEPT COMMUNICATION AS NO. 1 FINANCIAL COMMUNICATION AGENCY — 2013-14
Prime Database, India’s foremost and exclusive database, dedicated to the Primary Capital Market, rated Concept Communication Ltd. as No. 1 financial communication agency across categories for the year 2013-14.
Concept managed communication requirements on 16 issuances raising Rs. 2,101,604.86 lakhs public offerings with a lion’s share of 41.2% of the amount raised.
According to the statistics presented by Prime, Concept commands an enviable 92% market share in the Equity space, raising a major portion the funds — Rs. 801,437.33 lakhs, way ahead of its closest competitor at, 5.7%, raising Rs. 49,732.11 lakhs.
Concept Communication handled both the largest and second largest Equity Public Offerings of the year. The Follow-on Public Offering (FPO) of the state run PowerGrid Corporation of India, being the largest Equity Issue of the year, of nearly Rs. 7000 Cr. which was over-subscribed by 6.72 times. Earlier in the year, team concept was responsible for the successful handling of the IPO — Just Dial, of Rs. 919 crore which was over-subscribed by 9.08 times.
Prime has also slated Concept Communication as the No. 1 agency on the basis of the highest no. of debt issues handled in the entire year. The team handled 13 of the 35 issues, nearly 31% of those offered, raising Rs. 1,300,167.53 lakhs.
In its over two decade long experience in managing financial communication for Public Issues and funds, Concept has retained its leadership position among agencies consistently, as rated by Prime. The team’s unparalleled edge in understanding the Capital markets; delivering impactful and effective advertising and public relations communications as well as designing engaging digital content, has been applauded by clients and award bodies, alike.
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