M&A
USD 100 mn
FY24
Acquisition of 34% stake in SEIT InvIT
Acquisition of 34% stake in SEIT InvIT as a Co-Sponsor
Acquisition of 34% stake in SEIT InvIT
Acquisition of 34% stake in SEIT InvIT as a Co-Sponsor
ECM
INR 2 bn
FY24
Manager to Tender Buyback Offer of Symphony Limited
Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders
Manager to Tender Buyback Offer of Symphony Limited
Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders
M&A
NA
FY24
Acquistion of minority stake in Teqo
Acquisition of minority stake in Teqo – Mahindra Group’s renewable O&M platform
Acquistion of minority stake in Teqo
Acquisition of minority stake in Teqo – Mahindra Group’s renewable O&M platform
Capital Raise
INR 4.05 bn
FY24
PE Fund-raise for Aequs Pvt. Ltd. (Diversified Contract Manufacturer)
Ambit acted as the exclusive financial advisor to Aequs Pvt. Ltd. on its INR 2.25 Bn ($27.5 Mn) fund-raise led by Amicus Capital Partners
PE Fund-raise for Aequs Pvt. Ltd. (Diversified Contract Manufacturer)
Ambit acted as the exclusive financial advisor to Aequs Pvt. Ltd. on its INR 2.25 Bn ($27.5 Mn) fund-raise led by Amicus Capital Partners
ECM
INR 4.3 bn
FY24
Sale of PE Investor's stake
Ambit acted as the Sole Broker to TPG for monetization of c. 1.9% stake in Five-Star Business Finance Limited
Sale of PE Investor's stake
Ambit acted as the Sole Broker to TPG for monetization of c. 1.9% stake in Five-Star Business Finance Limited
M&A
INR 6.8 bn
FY24
Stake enhancement by Poonawalla Group in Magma HDI through acquisition of HDI's stake and primary infusion
Ambit acted as the exclusive financial advisor to Poonawalla Group on enhancement of its stake in Magma HDI General Insurance Company Limited (“Magma HDI”) via a primary and secondary transaction through Sanoti Properties LLP (“Sanoti”).
Sanoti infused INR 4.6 Bn along with providing HDI an exit for INR 2.2 Bn resulting in a total stake of 74%+ in Magma HDI, post the transaction
Stake enhancement by Poonawalla Group in Magma HDI through acquisition of HDI's stake and primary infusion
Ambit acted as the exclusive financial advisor to Poonawalla Group on enhancement of its stake in Magma HDI General Insurance Company Limited (“Magma HDI”) via a primary and secondary transaction through Sanoti Properties LLP (“Sanoti”).
Sanoti infused INR 4.6 Bn along with providing HDI an exit for INR 2.2 Bn resulting in a total stake of 74%+ in Magma HDI, post the transaction
ECM
INR 6 bn
FY24
Book Running Lead Manager for QIP of Karnataka Bank
Ambit was the Left lead Book Running Lead Manager for INR 6 bn QIP of Karnataka Bank Limited. Ambit spearheaded the regulatory documentation & approval process within tight timelines to ensure seamless and smooth execution.
Book Running Lead Manager for QIP of Karnataka Bank
Ambit was the Left lead Book Running Lead Manager for INR 6 bn QIP of Karnataka Bank Limited. Ambit spearheaded the regulatory documentation & approval process within tight timelines to ensure seamless and smooth execution.
M&A
NA
FY24
Advised AU SFB on its merger with Fincare SFB
Ambit acted as the exclusive financial advisor to AU Small Finance Bank on its merger with Fincare Small Finance Bank through a share swap agreement marking the first ever consolidation transaction as well as the largest announced deal in the small finance bank space.
Advised AU SFB on its merger with Fincare SFB
Ambit acted as the exclusive financial advisor to AU Small Finance Bank on its merger with Fincare Small Finance Bank through a share swap agreement marking the first ever consolidation transaction as well as the largest announced deal in the small finance bank space.
ECM
INR 1.8 bn
FY24
Sale of Promoter stake
Ambit acted as the Sole Broker to Promoter for partial stake monetization in Sundaram Clayton Limited
Sale of Promoter stake
Ambit acted as the Sole Broker to Promoter for partial stake monetization in Sundaram Clayton Limited