M&A
INR 15 bn
FY22
Acqusition of 25% stake in National Highways Infra Trust (an InvIT sponsored by NHAI) as an Anchor Investor
Exclusive financial advisor to OTPP for investment in NHAI InvIT - the first roads InvIT by a PSU as part of the Government's Asset Monetizaton Pipeline.
Acqusition of 25% stake in National Highways Infra Trust (an InvIT sponsored by NHAI) as an Anchor Investor
Exclusive financial advisor to OTPP for investment in NHAI InvIT - the first roads InvIT by a PSU as part of the Government's Asset Monetizaton Pipeline.
M&A
INR 1.3 bn
FY22
Sale of units of India Infrastructure Trust
Financial advisor to Brookfield for sale of units held in India Infrastructure Trust - Pipeline InvIT
Sale of units of India Infrastructure Trust
Financial advisor to Brookfield for sale of units held in India Infrastructure Trust - Pipeline InvIT
M&A
USD 198 mn
FY22
Acquisition of additional equity stake in ReNew Power
Exclusive financial adviser to CPPIB for acquisition of additional equity stake in ReNew Power
Acquisition of additional equity stake in ReNew Power
Exclusive financial adviser to CPPIB for acquisition of additional equity stake in ReNew Power
M&A
INR 13.5 bn
FY22
Divestment of 51% shareholding by Max Ventures & Industries (MVIL) in Max Speciality Films (MSFL) to Toppan Inc
Exclusive Financial advisor to Max Ventures and Industries Ltd ("MVIL") for divestment of their balance 51% stake in MSFL to JV Partner Toppan Inc.
Divestment of 51% shareholding by Max Ventures & Industries (MVIL) in Max Speciality Films (MSFL) to Toppan Inc
Exclusive Financial advisor to Max Ventures and Industries Ltd ("MVIL") for divestment of their balance 51% stake in MSFL to JV Partner Toppan Inc.
M&A
INR 66.9 bn
FY22
Assisted Exide Industries on sale of its 100% shareholding in Exide Life to HDFC Life Insurance
Ambit assisted Exide Industries on sale of its 100% shareholding in Exide Life Insurance Co. Ltd. (“Exide Life”) to HDFC Life Insurance Co. Ltd. (“HDFC Life”) for INR 66.9 bn. Ambit provided Fairness Opinion on the deal. It is the largest M&A deal in the life insurance sector in India
Assisted Exide Industries on sale of its 100% shareholding in Exide Life to HDFC Life Insurance
Ambit assisted Exide Industries on sale of its 100% shareholding in Exide Life Insurance Co. Ltd. (“Exide Life”) to HDFC Life Insurance Co. Ltd. (“HDFC Life”) for INR 66.9 bn. Ambit provided Fairness Opinion on the deal. It is the largest M&A deal in the life insurance sector in India
M&A
NA
FY22
Secondary stake sale by True North in PolicyBazaar
Ambit acted as Exclusive Financial Advisor to True North on its stake in online insurance aggregator, PolicyBazaar
Secondary stake sale by True North in PolicyBazaar
Ambit acted as Exclusive Financial Advisor to True North on its stake in online insurance aggregator, PolicyBazaar
ECM
INR 14 bn
FY22
Book Running Lead Manager for IPO of Metro Brands Ltd
Ambit was a Book Running Lead Manager for the INR 14 bn IPO of Metro Brands Limited. On the back of compelling market positioning and constant engagement with foreign and domestic investors, Ambit was able to generate traction and convert multiple large long only accounts in the Anchor Book. The Institutional portion was subscribed ~8.5x, Non-Institutional ~2.7x & Retail portion subscribed ~0.6x leading to an overall main book response of ~2.6x
Book Running Lead Manager for IPO of Metro Brands Ltd
Ambit was a Book Running Lead Manager for the INR 14 bn IPO of Metro Brands Limited. On the back of compelling market positioning and constant engagement with foreign and domestic investors, Ambit was able to generate traction and convert multiple large long only accounts in the Anchor Book. The Institutional portion was subscribed ~8.5x, Non-Institutional ~2.7x & Retail portion subscribed ~0.6x leading to an overall main book response of ~2.6x
ECM
INR 60 bn
FY22
Book Running Lead Manager for IPO of Star Health and Allied Insurance Company Ltd
Ambit acted as one of the Book Running Leading Manager for the IPO of Star Health and Allied Insurance Company, the largest private health insurer in India
Book Running Lead Manager for IPO of Star Health and Allied Insurance Company Ltd
Ambit acted as one of the Book Running Leading Manager for the IPO of Star Health and Allied Insurance Company, the largest private health insurer in India
ECM
INR 5.6 bn
FY22
Sole Advisor and Broker to the Promoters for their stake sale in Poonawalla Fincorp Ltd (Magma Fincorp Ltd)
Ambit acted as Sole Advisor and Broker to the Promoters for their stake sale in Poonawalla Fincorp Ltd (Magma Fincorp Ltd). The stake sale constituted ~3.9% of equity capital of the Company
Sole Advisor and Broker to the Promoters for their stake sale in Poonawalla Fincorp Ltd (Magma Fincorp Ltd)
Ambit acted as Sole Advisor and Broker to the Promoters for their stake sale in Poonawalla Fincorp Ltd (Magma Fincorp Ltd). The stake sale constituted ~3.9% of equity capital of the Company