M&A
NA
FY22
Acquisition of 52% stake in Ritika Pvt Ltd (Ritu Kumar) by Reliance Ventures
Reliance Retail Ventures has acquired 52% shareholding of Ritika Pvt Ltd (Ritu Kumar). Everstone Capital, an existing investor in the Company has completely exited
Acquisition of 52% stake in Ritika Pvt Ltd (Ritu Kumar) by Reliance Ventures
Reliance Retail Ventures has acquired 52% shareholding of Ritika Pvt Ltd (Ritu Kumar). Everstone Capital, an existing investor in the Company has completely exited
Capital Raise
USD 11.5 mn
FY22
Series A fund raise from Elysian Park, Dream Capital & Surge
HealthTech platform, Fittr has raised $11.5m from leading health and sports focused investor, Elysian Park, Dream Capital, the venture capital arm of gaming unicorn Dream11 and Sequoia's accelerator, Surge
Series A fund raise from Elysian Park, Dream Capital & Surge
HealthTech platform, Fittr has raised $11.5m from leading health and sports focused investor, Elysian Park, Dream Capital, the venture capital arm of gaming unicorn Dream11 and Sequoia's accelerator, Surge
M&A
USD 200 mn
FY22
Investment in equity raise (as a first tranche of a total USD 300 mn) in AG&P City Gas Distribution Platform in India by I Squared Capital
Investment in one of India's leading city gas distribution platforms
Investment in equity raise (as a first tranche of a total USD 300 mn) in AG&P City Gas Distribution Platform in India by I Squared Capital
Investment in one of India's leading city gas distribution platforms
Capital Raise
USD 52 mn
FY22
Series C fundraise
Bike-taxi platform Rapido has raised USD 52 million from Shell Ventures, Yamaha and existing investors including Westbridge Capital, Nexus Venture Partners, and many marquee HNIs
Series C fundraise
Bike-taxi platform Rapido has raised USD 52 million from Shell Ventures, Yamaha and existing investors including Westbridge Capital, Nexus Venture Partners, and many marquee HNIs
Capital Raise
NA
FY22
Partial stake sale by True North in Policy Bazar
Ambit advised True North in its partial stake sale in Policy Bazaar, one of the largest FinTech Companies in India. Transaction was consummated prior to the Company's planned IPO.
Partial stake sale by True North in Policy Bazar
Ambit advised True North in its partial stake sale in Policy Bazaar, one of the largest FinTech Companies in India. Transaction was consummated prior to the Company's planned IPO.
ECM
USD 20 mn
FY22
Manager to Tender Buyback Offer of Quick Heal Technologies Ltd
Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.
Manager to Tender Buyback Offer of Quick Heal Technologies Ltd
Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.
ECM
INR 7.83 bn
FY22
Sole Advisor and Broker to Max Group for their stake sale in Max Financial Services Ltd
Ambit acted as Sole Advisor and Broker to Max Group for their INR 7.8 bn stake sale (~2.3% of total outstanding shares of Max Financial Services Ltd) to a marquee long term foreign institutional investor. The funds raised through stake sale would be utilized to reduce the pledge level of shares held in the Company.
Sole Advisor and Broker to Max Group for their stake sale in Max Financial Services Ltd
Ambit acted as Sole Advisor and Broker to Max Group for their INR 7.8 bn stake sale (~2.3% of total outstanding shares of Max Financial Services Ltd) to a marquee long term foreign institutional investor. The funds raised through stake sale would be utilized to reduce the pledge level of shares held in the Company.
ECM
INR 12 bn
FY22
Global Coordinator and Book Running Lead Manager for QIP of Aarti Industries Ltd
Ambit was a Global Coordinator and Lead Manager for INR 12 bn QIP of Aarti Industries Ltd. Ambit was instrumental in getting demand from FIIs as well as Insurance Companies (~60% of total allocation to Insurance Companies)
Global Coordinator and Book Running Lead Manager for QIP of Aarti Industries Ltd
Ambit was a Global Coordinator and Lead Manager for INR 12 bn QIP of Aarti Industries Ltd. Ambit was instrumental in getting demand from FIIs as well as Insurance Companies (~60% of total allocation to Insurance Companies)
ECM
INR 38.5 bn
FY22
Global Coordinator and Book Running Lead Manager for IPO of Chemplast Sanmar Ltd
Ambit acted as the Global Coordinator and Book Running Lead Manager for the Initial Public Offer of Chemplast Sanmar Ltd. The total issue size of this IPO was INR 38.5 bn, consisting of a fresh Issue of INR 13.0 bn and an Offer for Sale of INR 25.5 bn. Ambit was instrumental in generating FII demand in the anchor book, as well as in marketing the Issue to HNIs and Retail Investors.
Global Coordinator and Book Running Lead Manager for IPO of Chemplast Sanmar Ltd
Ambit acted as the Global Coordinator and Book Running Lead Manager for the Initial Public Offer of Chemplast Sanmar Ltd. The total issue size of this IPO was INR 38.5 bn, consisting of a fresh Issue of INR 13.0 bn and an Offer for Sale of INR 25.5 bn. Ambit was instrumental in generating FII demand in the anchor book, as well as in marketing the Issue to HNIs and Retail Investors.