ECM
INR 3.1 bn
FY21
Sole Book Runner and Broker for the sale of PE Investor’s stake in Bharti Airtel
Assisted a large PE investor in divesting its stake in Bharti Airtel
Sole Book Runner and Broker for the sale of PE Investor’s stake in Bharti Airtel
Assisted a large PE investor in divesting its stake in Bharti Airtel
ECM
INR 3.18 bn
FY21
Book Running Lead Manager for IPO of Chemcon Speciality Chemicals Limited INR 3.18 bn IPO
Ambit was a Book running lead manager in a two bank syndicate for the Initial Public Offer of Chemcon Speciality Chemicals Limited. The total Offer Size of this IPO was INR 3.18 bn, consisting of a fresh Issue of INR 1.65 bn and an Offer for Sale of INR 1.53 bn. The issue received an overwhelming response with main book getting subscribed ~149x, the institutional portion ~114x, non-institutional portion ~449x and retail portion ~41x.
Book Running Lead Manager for IPO of Chemcon Speciality Chemicals Limited INR 3.18 bn IPO
Ambit was a Book running lead manager in a two bank syndicate for the Initial Public Offer of Chemcon Speciality Chemicals Limited. The total Offer Size of this IPO was INR 3.18 bn, consisting of a fresh Issue of INR 1.65 bn and an Offer for Sale of INR 1.53 bn. The issue received an overwhelming response with main book getting subscribed ~149x, the institutional portion ~114x, non-institutional portion ~449x and retail portion ~41x.
ECM
INR 2.2 bn
FY21
Sole Book Runner and Broker for the sale of PE Investor’s stake in AU Small Finance Bank
Ambit delivered flawless execution over multiple deals and assisted another PE investor in divesting its stake with a minimal discount of ~1%
Sole Book Runner and Broker for the sale of PE Investor’s stake in AU Small Finance Bank
Ambit delivered flawless execution over multiple deals and assisted another PE investor in divesting its stake with a minimal discount of ~1%
ECM
INR 7.5 bn
FY21
Book Running Lead Manager for QIP aggregating to INR 7.5 bn for PI IndustriesBook Running Lead Manager for IPO of Chemcon Speciality Chemicals Limited INR 3.18 bn IPO
Ambit was a lead manager for INR 7.5 bn QIP of SRF Ltd. Overwhelming demand from marquee domestic and foreign Investors resulted in the book getting subscribed ~7x. Ambit helped the Company to broaden its shareholders base by bringing new DII & FII investors in the book
Book Running Lead Manager for QIP aggregating to INR 7.5 bn for PI IndustriesBook Running Lead Manager for IPO of Chemcon Speciality Chemicals Limited INR 3.18 bn IPO
Ambit was a lead manager for INR 7.5 bn QIP of SRF Ltd. Overwhelming demand from marquee domestic and foreign Investors resulted in the book getting subscribed ~7x. Ambit helped the Company to broaden its shareholders base by bringing new DII & FII investors in the book
M&A
NA
FY21
Sale of 69.36% shareholding by Prolec GE in Indo Tech Transformers Ltd. to Shirdi Sai Electricals Limited
Prolec GE ("PGE") and Shirdi Sai Electricals Limited ("SSEL") executed definitive agreements whereby PGE divested 69% equity shareholding in Indo Tech Transformers. PGE continues as a minority shareholder after the transaction as per the agreement. Transaction allows SSEL to consolidate in Indian transformers industry.
Sale of 69.36% shareholding by Prolec GE in Indo Tech Transformers Ltd. to Shirdi Sai Electricals Limited
Prolec GE ("PGE") and Shirdi Sai Electricals Limited ("SSEL") executed definitive agreements whereby PGE divested 69% equity shareholding in Indo Tech Transformers. PGE continues as a minority shareholder after the transaction as per the agreement. Transaction allows SSEL to consolidate in Indian transformers industry.
M&A
INR 21 bn
FY21
Sale of 99.22% shareholding by Promoters of C&S Electric Ltd. to Siemens
Promoters of C&S Electric ("C&S") divested 99% shareholding to Siemens. Acquisition of C&S strengthens Siemens’ position as a key supplier of LV power distribution & electrical installation technology in India. Siemens envisions this partnership to pave the way for the establishment of a design and manufacturing hub in India
Sale of 99.22% shareholding by Promoters of C&S Electric Ltd. to Siemens
Promoters of C&S Electric ("C&S") divested 99% shareholding to Siemens. Acquisition of C&S strengthens Siemens’ position as a key supplier of LV power distribution & electrical installation technology in India. Siemens envisions this partnership to pave the way for the establishment of a design and manufacturing hub in India
M&A
INR 7 bn
FY21
Primary capital raise and secondary stake sale by True North, Bessemer Venture Partners and other shareholders to Warburg Pincus
Warburg Pincus invested INR 7 bn through combination of primary fund raise and secondary sales by True North and Bessemer Venture Partners among others. This was the first large and marquee private equity transaction in the lending space in the midst of COVID-19 pandemic.
Primary capital raise and secondary stake sale by True North, Bessemer Venture Partners and other shareholders to Warburg Pincus
Warburg Pincus invested INR 7 bn through combination of primary fund raise and secondary sales by True North and Bessemer Venture Partners among others. This was the first large and marquee private equity transaction in the lending space in the midst of COVID-19 pandemic.
M&A
INR 36 bn
FY21
Sale of 100% shareholding in Delhi-Agra road project company by Reliance Infrastructure to Cube Highways
Ambit was the exclusive financial advisor to Reliance Infrastructure on the sale of Delhi-Agra toll Road to Cube Highways (owned by I-squared, IFC, ADIA, etc.)
Sale of 100% shareholding in Delhi-Agra road project company by Reliance Infrastructure to Cube Highways
Ambit was the exclusive financial advisor to Reliance Infrastructure on the sale of Delhi-Agra toll Road to Cube Highways (owned by I-squared, IFC, ADIA, etc.)
ECM
INR 3.5 bn
FY21
Lead Manager for the Rights Issue for EIH Ltd
Ambit acted as the Sole Lead Manager for INR 3.5 bn rights issue of EIH Ltd. The issue witnessed an overwhelming response from institutional as well as retail investors, which lead to an oversubscription of ~1.6x
Lead Manager for the Rights Issue for EIH Ltd
Ambit acted as the Sole Lead Manager for INR 3.5 bn rights issue of EIH Ltd. The issue witnessed an overwhelming response from institutional as well as retail investors, which lead to an oversubscription of ~1.6x