Key Transactions

times-internet

M&A

INR 3.7 bn

FY25

Exclusive advisor to Times Internet for sale of ET Money to 360 ONE WAM

Ambit acted as an exclusive financial advisor to Times Internet for sale of ET Money to 360 ONE WAM, through a stock and cash deal.

Exclusive advisor to Times Internet for sale of ET Money to 360 ONE WAM

Ambit acted as an exclusive financial advisor to Times Internet for sale of ET Money to 360 ONE WAM, through a stock and cash deal.

greytip-software-private-limited-(“greyt-hr”) 

Capital Raise

NA

FY25

Acted as the exclusive financial advisor to greytHR on its strategic investment from Apax Digital Fund

Ambit acted as the exclusive financial advisor to Greytip Software Private Limited (“greytHR”) on its strategic investment from Apax Digital Fund

Acted as the exclusive financial advisor to greytHR on its strategic investment from Apax Digital Fund

Ambit acted as the exclusive financial advisor to Greytip Software Private Limited (“greytHR”) on its strategic investment from Apax Digital Fund

akums-drugs-and-pharmaceuticals-limited

ECM

INR 18.6 bn

FY25

Book Running Lead Manager for IPO of Akums Drugs and Pharmaceuticals Limited

Ambit acted as a Book running lead manager to the INR 18.6 bn IPO consisting a Fresh Issue of INR 6.8 bn and an Offer for Sale of INR 11.8 bn.
The IPO received overwhelming response across categories with the overall mainbook subscription of ~63x and the QIB, HNI and Retail portions getting subscribed ~90x, ~42x and ~21x respectively.

Book Running Lead Manager for IPO of Akums Drugs and Pharmaceuticals Limited

Ambit acted as a Book running lead manager to the INR 18.6 bn IPO consisting a Fresh Issue of INR 6.8 bn and an Offer for Sale of INR 11.8 bn.
The IPO received overwhelming response across categories with the overall mainbook subscription of ~63x and the QIB, HNI and Retail portions getting subscribed ~90x, ~42x and ~21x respectively.

KKR

ECM

INR 18 bn

FY25

Broker to KKR for sale of c. 17% stake in India Grid Trust

Ambit acted as a Broker to the Offer For Sale for KKR with an approximate issue size of c. INR 1,800 cr (including Green Shoe of c. INR 800 cr). Ambit played a pivotal role in mobilizing Institutional & Family Offices/HNI demand with 1.9x subscription in the non-retail portion, incl. marquee domestic and foreign investors.

Broker to KKR for sale of c. 17% stake in India Grid Trust

Ambit acted as a Broker to the Offer For Sale for KKR with an approximate issue size of c. INR 1,800 cr (including Green Shoe of c. INR 800 cr). Ambit played a pivotal role in mobilizing Institutional & Family Offices/HNI demand with 1.9x subscription in the non-retail portion, incl. marquee domestic and foreign investors.

ECM

INR 6 bn

FY25

Left Lead BRLM for IPO of Interarch Building Products Limited

Ambit, as the Left Lead BRLM, anchored the end-to-end execution process and guided the company through its IPO journey

Left Lead BRLM for IPO of Interarch Building Products Limited

Ambit, as the Left Lead BRLM, anchored the end-to-end execution process and guided the company through its IPO journey

PDS Limited

ECM

INR 4.3 bn

FY25

Book Running Lead Manager for QIP of PDS Limited

Ambit acted as the BRLM to INR 4.3 bn QIP of PDS Limited. Ambit played a critical role in shaping investors’ understanding of the opportunity provided by PDS.

Book Running Lead Manager for QIP of PDS Limited

Ambit acted as the BRLM to INR 4.3 bn QIP of PDS Limited. Ambit played a critical role in shaping investors’ understanding of the opportunity provided by PDS.

infiiloom-india-private-limited

Capital Raise

INR 2.6 bn

FY25

Advised Infiiloom India on its fundraise of INR 260 crores from funds managed by Edelweiss Alternative Asset Advisors

Ambit acted as exclusive financial advisor to Infiiloom India Private Limited ("Infiiloom India") on its fund raise of INR 260 crores from funds managed by Edelweiss Alternative Asset Advisors

Advised Infiiloom India on its fundraise of INR 260 crores from funds managed by Edelweiss Alternative Asset Advisors

Ambit acted as exclusive financial advisor to Infiiloom India Private Limited ("Infiiloom India") on its fund raise of INR 260 crores from funds managed by Edelweiss Alternative Asset Advisors

Max Estates

ECM

INR 8 bn

FY25

Book Running Lead Manager for QIP of Max Estates

Ambit was the Book Running Lead Manager for INR 8 bn QIP of Max Estates Limited. Ambit's strategic marketing and continuous investor education attracted a broad spectrum of domestic and global investors, culminating in a successful transaction.

Book Running Lead Manager for QIP of Max Estates

Ambit was the Book Running Lead Manager for INR 8 bn QIP of Max Estates Limited. Ambit's strategic marketing and continuous investor education attracted a broad spectrum of domestic and global investors, culminating in a successful transaction.

indostar-capital-finance-limited

M&A

INR 17.5 bn

FY25

Financial Advisor to Indostar Capital Finance on sale of its subsidiary, Indostar Home Finance, to EQT (Signed)

Ambit acted as the financial advisor to IndoStar Capital Finance Ltd. on the sale of its housing finance subsidiary, IndoStar Home Finance Private Limited, to EQT for INR 1,750 Cr. The transaction is subject to customary consents and approvals. Further, EQT plans to invest INR 500 Cr into Indostar Home Finance upon or shortly after closing of this transaction.

Financial Advisor to Indostar Capital Finance on sale of its subsidiary, Indostar Home Finance, to EQT (Signed)

Ambit acted as the financial advisor to IndoStar Capital Finance Ltd. on the sale of its housing finance subsidiary, IndoStar Home Finance Private Limited, to EQT for INR 1,750 Cr. The transaction is subject to customary consents and approvals. Further, EQT plans to invest INR 500 Cr into Indostar Home Finance upon or shortly after closing of this transaction.