Key Transactions

M&A

INR 63 bn

FY20

Acquisition of 8 road assets of Sadbhav Infrastructure by IndInfavit; Preferential issue subscribed by key unitholders - Allianz, CPPIB, OMERS and L&T IDPL

One of India’s largest Road Infrastructure M&A deals. Ambit was the exclusive financial advisor to IndInfravit (L&T IDPL sponsored Privately Placed InvIT), which has marquee investors including Allianz, CPPIB and OMERS. First follow-on preferential issuance by a Privately Placed InvIT; First NCD issuance by an InvIT in the Indian market. 

Acquisition of 8 road assets of Sadbhav Infrastructure by IndInfavit; Preferential issue subscribed by key unitholders - Allianz, CPPIB, OMERS and L&T IDPL

One of India’s largest Road Infrastructure M&A deals. Ambit was the exclusive financial advisor to IndInfravit (L&T IDPL sponsored Privately Placed InvIT), which has marquee investors including Allianz, CPPIB and OMERS. First follow-on preferential issuance by a Privately Placed InvIT; First NCD issuance by an InvIT in the Indian market. 

M&A

NA

FY20

Divestment of 50% shareholding by Graviss Food Solutions Pvt. Ltd. to Rich Products Corporation, USA in their Indian joint venture

Rich’s and Graviss entered into a joint venture ~25 years ago and Graviss helped establish Rich’s brands in India and become the market leader in its category. Ambit assisted Graviss in shareholder negotiations during the course of the transaction and advised on pricing, structuring and definitive documentation

Divestment of 50% shareholding by Graviss Food Solutions Pvt. Ltd. to Rich Products Corporation, USA in their Indian joint venture

Rich’s and Graviss entered into a joint venture ~25 years ago and Graviss helped establish Rich’s brands in India and become the market leader in its category. Ambit assisted Graviss in shareholder negotiations during the course of the transaction and advised on pricing, structuring and definitive documentation

ECM

INR 1 bn

FY19

Manager to Open Market Buyback Offer of Mcleod Russell

Acted as Manager to Open Market Buyback Offer which helped the company to distribute surplus cash and indirectly increase promoter shareholding.

Manager to Open Market Buyback Offer of Mcleod Russell

Acted as Manager to Open Market Buyback Offer which helped the company to distribute surplus cash and indirectly increase promoter shareholding.

ECM

INR 6 bn

FY19

Sole Book Runner and Broker for the sale of IFC’s stake in AU Small Finance Bank

Ambit helped a PE investor (one of the early investors in the Company) to montize its stake and was able to successfully place the relatively large size block in short span of time with minimal impact on the price.

Sole Book Runner and Broker for the sale of IFC’s stake in AU Small Finance Bank

Ambit helped a PE investor (one of the early investors in the Company) to montize its stake and was able to successfully place the relatively large size block in short span of time with minimal impact on the price.

ECM

INR 6 bn

FY19

Manager to Tender Buyback Offer of NHPC Ltd

Ambit is the first private sector merchant banker to manage a buyback offer for NHPC Limited

Manager to Tender Buyback Offer of NHPC Ltd

Ambit is the first private sector merchant banker to manage a buyback offer for NHPC Limited

M&A

NA

FY19

Acquisition of 25% stake in L&T IDPL sponsored Privately Placed Road Infrastructure InvIT – IndInfravit by Allianz Capital Partners

Allianz Capital Partners (ACP) acted as one of the two anchor investors in the first privately placed Infrastructure Investment Trust (InvIT) in India. This investment marked a key milestone as it was ACP’s first direct investment in Asia

Acquisition of 25% stake in L&T IDPL sponsored Privately Placed Road Infrastructure InvIT – IndInfravit by Allianz Capital Partners

Allianz Capital Partners (ACP) acted as one of the two anchor investors in the first privately placed Infrastructure Investment Trust (InvIT) in India. This investment marked a key milestone as it was ACP’s first direct investment in Asia

M&A

NA

FY19

Sale of 100 MW Hydro Plant by NSL Renewable Power and a consortium of lenders to Statkfraft

A landmark transaction in the Hydro Power sector in India

Sale of 100 MW Hydro Plant by NSL Renewable Power and a consortium of lenders to Statkfraft

A landmark transaction in the Hydro Power sector in India

M&A

INR 8.7 bn

FY19

Acquisition of 22% stake in L&T IDPL sponsored Privately Placed Road Infrastructure InvIT – IndInfravit by OMERS

OMERS Infrastructure invests globally in infrastructure assets on behalf of OMERS (Ontario Municipal Employees Retirement System). OMERS is one of the largest Canadian investors with C$95 billion in net assets under management. This is a landmark transaction as this is the first investment by OMERS Infrastructure in India as well as Asia

Acquisition of 22% stake in L&T IDPL sponsored Privately Placed Road Infrastructure InvIT – IndInfravit by OMERS

OMERS Infrastructure invests globally in infrastructure assets on behalf of OMERS (Ontario Municipal Employees Retirement System). OMERS is one of the largest Canadian investors with C$95 billion in net assets under management. This is a landmark transaction as this is the first investment by OMERS Infrastructure in India as well as Asia

M&A

INR 130 bn

FY19

Acquisition of a 1,400 kms gas pipeline by Brookfield sponsored India Infrastructure Trust

One of largest Infrastructure deals in India till date and first private pipeline to be monetized. Ambit was the exclusive advisor to Brookfield, as Sponsor of InvIT (India Infrastructure Trust), on the transaction.

Acquisition of a 1,400 kms gas pipeline by Brookfield sponsored India Infrastructure Trust

One of largest Infrastructure deals in India till date and first private pipeline to be monetized. Ambit was the exclusive advisor to Brookfield, as Sponsor of InvIT (India Infrastructure Trust), on the transaction.