Raka Reputation scores 50 IPOs in current financial year

27 Dec,2017

By A Correspondent

 

Mumbai-based Raka Reputation Management Services has announced that it has done the advertising and PR for for 50 Initial Public Offerings (IPOs) in the first nine months of financial year 2017-18. The current financial year so far has seen nearly 150 companies tapping the capital market with their IPOs, notes a communique, adding: “In the last decade or so, no advertising agency has managed communications for more IPOs”. Raka Advertising merged its operations with Prana PR in April this year, and has senior marketing services professional Sushil Bahal as its Managing Director.

 

Said Bahal: “It has been a great year for us. We expect to do even better in the near future as we are having a robust pipeline of mandates in hand. Our endeavour has always been to provide best service based on innovations and knowledge. We believe that the future holds good for us as we treat each mandate in an unique fashion because each mandate has an unique story to tell. Investors will patronize only those mandates well who they can relate to. Such complexities will help us more as we first understand each Offer and then position it accordingly.”

 

 

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