Key Transactions

ECM

INR 7 bn

FY21

Book Running Lead Manager for QIP of Varroc Engineering Ltd

Ambit was a lead manager for INR 7 bn QIP of Varroc Engineering Ltd. Ambit was instrumental in bringing in the anchor investor  and also contributed ~48% of the total book

Book Running Lead Manager for QIP of Varroc Engineering Ltd

Ambit was a lead manager for INR 7 bn QIP of Varroc Engineering Ltd. Ambit was instrumental in bringing in the anchor investor  and also contributed ~48% of the total book

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.

ECM

INR 4.5 bn

FY21

Book Running Lead Manager for IPO of Barbeque-Nation Hospitality Ltd

Ambit was a Book Running Lead Manager for the INR 4.5 bn IPO of Barbeque-Nation Hospitality. Ambit worked closely with investors and was able to generate overwhelming interest towards the Anchor Book. Ambit’s disproportionate effort on the Non-Institutional/Retail marketing front helped the Company broaden its reach within the NII and Retail categories.

Book Running Lead Manager for IPO of Barbeque-Nation Hospitality Ltd

Ambit was a Book Running Lead Manager for the INR 4.5 bn IPO of Barbeque-Nation Hospitality. Ambit worked closely with investors and was able to generate overwhelming interest towards the Anchor Book. Ambit’s disproportionate effort on the Non-Institutional/Retail marketing front helped the Company broaden its reach within the NII and Retail categories.

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

Capital Raise

INR 2.9 bn

FY20

Equity fund raise for 24.9% from Adar Poonawalla Group

Assisted Ambit Finvest, systematically important NBFC, in a fund raise and brought in multiple pools of capital including private equity and family offices to help Ambit Finvest choose the most appropriate capital pool. Managed a tight execution which helped in an expedited closing

Equity fund raise for 24.9% from Adar Poonawalla Group

Assisted Ambit Finvest, systematically important NBFC, in a fund raise and brought in multiple pools of capital including private equity and family offices to help Ambit Finvest choose the most appropriate capital pool. Managed a tight execution which helped in an expedited closing

ECM

INR 3.5 bn

FY20

Ambit was the Sole Book Runner and Broker for the sale of Promoter’s stake in Relaxo Footwears Ltd

Helped the Promoters monetize a part of their stake in Relaxo Footwear via a secondary market sale and also enhance liquidity in the stock. Ambit successfully placed ~15% of free float at minimal discount of ~3%

Ambit was the Sole Book Runner and Broker for the sale of Promoter’s stake in Relaxo Footwears Ltd

Helped the Promoters monetize a part of their stake in Relaxo Footwear via a secondary market sale and also enhance liquidity in the stock. Ambit successfully placed ~15% of free float at minimal discount of ~3%

M&A

NA

FY20

Sale of 24% stake in SICOM Ltd by J.C. Flowers and Shinsei Bank

Ambit assisted JC Flowers and Shinsei exit from an investment in SICOM Limited in advese market conditions. Transaction involved a public auction process

Sale of 24% stake in SICOM Ltd by J.C. Flowers and Shinsei Bank

Ambit assisted JC Flowers and Shinsei exit from an investment in SICOM Limited in advese market conditions. Transaction involved a public auction process

M&A

INR 3.3 bn

FY20

Divestment of approx. 100% shareholding in Innovative B2B Logistics Solutions Private Limited (Inlogistics) to Adani Logistics Limited

Shareholders of Inlogistics divested c.100% ownership to Adani Logistics. Inlogistics business comprised of domestic rake operations and an ICD terminal in Ludhiana. Acquisition will enable Adani to expand its TAM, enhance network coverage and expand its existing value chain to handle dry cargo

Divestment of approx. 100% shareholding in Innovative B2B Logistics Solutions Private Limited (Inlogistics) to Adani Logistics Limited

Shareholders of Inlogistics divested c.100% ownership to Adani Logistics. Inlogistics business comprised of domestic rake operations and an ICD terminal in Ludhiana. Acquisition will enable Adani to expand its TAM, enhance network coverage and expand its existing value chain to handle dry cargo

ECM

INR 9 bn

FY20

Global Coordinator and Book Running Lead Manager for QIP aggregating to INR 90 bn for Cholamandalam

Ambit brought in marquee anchor investors which helped in garnering remaining demand in the transaction & launch the deal

Global Coordinator and Book Running Lead Manager for QIP aggregating to INR 90 bn for Cholamandalam

Ambit brought in marquee anchor investors which helped in garnering remaining demand in the transaction & launch the deal