Investment banks in are increasing looking to offer their experience and ability to manage the initial public offerings (IPOs) hat are coming to the market.

Amid weak response from the primary market and falling deal volumes, the investment banks are looking to a part of the IPOs to stay relevant in the market place. The situations units well to the companies as the involvement of investment banks help attract more retail investors in the country.

A majority of the IPOs have failed to attract retail investors this year and investment banks could help change that by encouraging more retail investments into the offerings. Fourteen investment banks managed Bharti Infratel Ltd's IPO that raised Rs. 4,118 crore this month, a total of six investment banks managed CARE Ltd's Rs. 750 crore issue while Coal India Ltd's Rs. 15,200 crore IPO in 2010, which was the biggest public issue in India was also managed by six investment banks.

Meanwhile, the Bombay Stock Exchange (BSE) has appointed 14 banks to manage its proposed Rs. 5,500 crore public offering, indicating the trust and confidence enjoyed by the investment banks in their ability to manage IPOs successfully.