Key Transactions

Triveni Turbine Limited

ECM

INR 1.9 bn

FY23

Manager to Tender Buyback Offer of Triveni Turbine 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 Triveni Turbine Limited

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders

Capital Raise

USD 104 mn

FY23

Part of Series D fundraise

Financial advisor to FreshToHome for a part of its Series D fundraise of $104mn. The round saw participation from several new and existing investors

Part of Series D fundraise

Financial advisor to FreshToHome for a part of its Series D fundraise of $104mn. The round saw participation from several new and existing investors

Bewakoof Brands

M&A

NA

FY23

Divestment of ~82% stake by Bewakoof Brands and its shareholders to Aditya Birla Group’s “TMRW” house of brands

Exclusive financial advisor to Bewakoof Brands and its shareholders on divestment of ~82% stake (on a fully diluted basis) to Aditya Birla Digital Fashion Ventures Limited (“TMRW”) - a D2C fashion & lifestyle house of brands.

Divestment of ~82% stake by Bewakoof Brands and its shareholders to Aditya Birla Group’s “TMRW” house of brands

Exclusive financial advisor to Bewakoof Brands and its shareholders on divestment of ~82% stake (on a fully diluted basis) to Aditya Birla Digital Fashion Ventures Limited (“TMRW”) - a D2C fashion & lifestyle house of brands.

Allcargo Logistics Ltd.

M&A

INR 4.07 bn

FY23

Allcargo Logistics acquired 30% shareholding in GKEPL from its JV partner Kintetsu World Express, Japan

Ambit acted as exclusive financial advisor to Allcargo Logistics Ltd towards acquisition of 30% in GKEPL from KWE group

Allcargo Logistics acquired 30% shareholding in GKEPL from its JV partner Kintetsu World Express, Japan

Ambit acted as exclusive financial advisor to Allcargo Logistics Ltd towards acquisition of 30% in GKEPL from KWE group

Indinfravit

M&A

INR 1.2 bn

FY23

Block trade to family offices and HNIs

Block trade to family offices and HNIs

Block trade to family offices and HNIs

Block trade to family offices and HNIs

ingrid

M&A

INR 4 bn

FY23

Preferential allotment of units to HNIs

Preferential allotment of units to HNIs to fund acquisition of Virescent, the renewable energy InvIT

Preferential allotment of units to HNIs

Preferential allotment of units to HNIs to fund acquisition of Virescent, the renewable energy InvIT

ingrid

M&A

INR 6.7 bn

FY23

Institutional Placement of India Grid Trust

Institutional Placement of India Grid Trust to fund acquisition of Virescent, the renewable energy InvIT

Institutional Placement of India Grid Trust

Institutional Placement of India Grid Trust to fund acquisition of Virescent, the renewable energy InvIT

ECM

INR 1.74 bn

FY22

Sole Book Runner and Broker for the sale of ChrysCapital's stake in Magma Fincorp Ltd.

Ambit acted as Sole Advisor and Broker to Lavender Investments Limited (part of ChrysCapital group) for their stake sale in Magma Fincorp Limited. The transaction resulted in the complete exit for ChrysCapital. The transaction received overwhelming response from domestic as well as global investors.

Sole Book Runner and Broker for the sale of ChrysCapital's stake in Magma Fincorp Ltd.

Ambit acted as Sole Advisor and Broker to Lavender Investments Limited (part of ChrysCapital group) for their stake sale in Magma Fincorp Limited. The transaction resulted in the complete exit for ChrysCapital. The transaction received overwhelming response from domestic as well as global investors.

ECM

INR 2.59 bn

FY22

Sole Book Runner and Broker for the sale of True North's stake in Magma Fincorp Ltd.

Ambit acted as Sole Advisor and Broker to True North for their stake sale in Magma Fincorp Limited. The transaction resulted in the complete exit for True North. The transaction received overwhelming respone for domestic as well as global investors.

Sole Book Runner and Broker for the sale of True North's stake in Magma Fincorp Ltd.

Ambit acted as Sole Advisor and Broker to True North for their stake sale in Magma Fincorp Limited. The transaction resulted in the complete exit for True North. The transaction received overwhelming respone for domestic as well as global investors.