London may be one of the most international markets, but that does not stop UK brokers seeking out new frontiers. Take India – home of the Bollywood film industry – where business confidence and demand for growth capital are high.

Essar Energy, an Indian power and oil and gas company, raised £1.2bn (€1.4bn) via an initial public offering on the London Stock Exchange on May 4 in the largest flotation on the exchange since 2007. Last July, Tata Steel raised $500m in the largest global depositary receipt offering by an Indian company in London, despite the tough market conditions.