Key Transactions

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.

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 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

Capital Raise

NA

FY21

Series C2 fund raise from private equity funds

Assisted Acko, the first InsurTech player having end to end digital vlaue chain for non-life insurance in India in a fund raise. Acko is backed by some marquee investors like Catamaran, Amazon, SAIF Partners, Accel Partners, Swiss Re, Aegon

Series C2 fund raise from private equity funds

Assisted Acko, the first InsurTech player having end to end digital vlaue chain for non-life insurance in India in a fund raise. Acko is backed by some marquee investors like Catamaran, Amazon, SAIF Partners, Accel Partners, Swiss Re, Aegon

ECM

INR 6.14 bn

FY21

Sole Book Runner and Broker for the sale of PE Investor’s stake in Laurus Labs

Ambit helped Pre-IPO PE investors Eight Roads (exited completely) & Warburg Pincus in divesting their stake. Ambit worked closely with key investors to generate early demand that helped create momentum in the book & successful launch of the deal

Sole Book Runner and Broker for the sale of PE Investor’s stake in Laurus Labs

Ambit helped Pre-IPO PE investors Eight Roads (exited completely) & Warburg Pincus in divesting their stake. Ambit worked closely with key investors to generate early demand that helped create momentum in the book & successful launch of the deal

Capital Raise

USD 35 mn

FY21

Series B fund raise from SIG, Addition Capital and Tigerglobal

Inshorts has raised $35 million in a new financing round from Addition Capital, SIG, Tigerglobal to scale its adjacent, social network platform - Public

Series B fund raise from SIG, Addition Capital and Tigerglobal

Inshorts has raised $35 million in a new financing round from Addition Capital, SIG, Tigerglobal to scale its adjacent, social network platform - Public

ECM

INR 6.32 bn

FY21

Sole Book Runner and Broker for the sale of PE Investor’s stake in Laurus Labs

This is the second trade in Laurus Labs by Ambit within a span of 8 weeks for Warburg Pincus, Ambit helped them in completely exiting by selling ~20% stake across two tranches

Sole Book Runner and Broker for the sale of PE Investor’s stake in Laurus Labs

This is the second trade in Laurus Labs by Ambit within a span of 8 weeks for Warburg Pincus, Ambit helped them in completely exiting by selling ~20% stake across two tranches

ECM

INR 20 bn

FY21

Book Running Lead Manager for QIP aggregating to INR 20 bn for PI Industries

Ambit was a lead manager for INR 20 bn QIP of PI Industries Ltd. Overwhelming demand from marquee domestic and foreign Investors resulted in the book getting subscribed 6x ie. ~INR 120 bn. Ambit helped the Company to broaden its shareholders base by bringing new FII investors in the book including some US based funds

Book Running Lead Manager for QIP aggregating to INR 20 bn for PI Industries

Ambit was a lead manager for INR 20 bn QIP of PI Industries Ltd. Overwhelming demand from marquee domestic and foreign Investors resulted in the book getting subscribed 6x ie. ~INR 120 bn. Ambit helped the Company to broaden its shareholders base by bringing new FII investors in the book including some US based funds

ECM

INR 45 bn

FY21

Book Running Lead Manager for IPO for Mindspace Office Park REIT

Ambit was a Book running lead manager for the Initial Public Offer of Mindspace Business Parks REIT. The total Offer Size of this IPO was INR 45 bn, consisting of a fresh Issue of INR 10 bn and an Offer for Sale of INR 35 bn. The Offer received an overwhelming response from the market in both the Institutional as well as the Non-Institutional category.

Book Running Lead Manager for IPO for Mindspace Office Park REIT

Ambit was a Book running lead manager for the Initial Public Offer of Mindspace Business Parks REIT. The total Offer Size of this IPO was INR 45 bn, consisting of a fresh Issue of INR 10 bn and an Offer for Sale of INR 35 bn. The Offer received an overwhelming response from the market in both the Institutional as well as the Non-Institutional category.