Key Transactions

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.

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

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.

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.

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

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.

cube-highways-and-infrastructure-III-pte-ltd.

M&A

INR 28.4 bn

FY25

Sale of a portfolio of 7 road assets to Cube InvIT by Cube Highways and Infrastructure III Pte Ltd.

Ambit acted as an exclusive financial advisor to Cube Highways and Infrastructure III Pte Ltd. on their 100% stake sale in seven road assets to Cube Highways Trust (“Cube InvIT”).

Sale of a portfolio of 7 road assets to Cube InvIT by Cube Highways and Infrastructure III Pte Ltd.

Ambit acted as an exclusive financial advisor to Cube Highways and Infrastructure III Pte Ltd. on their 100% stake sale in seven road assets to Cube Highways Trust (“Cube InvIT”).

orbicular-pharmaceutical-technologies-pvt.-ltd.

Capital Raise

USD 20 mn

FY25

Exclusive advisor to Orbicular Pharmaceutical Technologies Pvt. Ltd. Technologies on its growth capital fund raise

Ambit acted as the exclusive financial advisor to Orbicular on its growth capital fund raise of USD 20 Mn led by Tata Capital Healthcare Fund

Exclusive advisor to Orbicular Pharmaceutical Technologies Pvt. Ltd. Technologies on its growth capital fund raise

Ambit acted as the exclusive financial advisor to Orbicular on its growth capital fund raise of USD 20 Mn led by Tata Capital Healthcare Fund

cppib

M&A

INR 27 bn

FY25

Sale of Investor stake in L&T Infrastructure Development Projects Limited (L&T IDPL)

Ambit acted as the sole and exclusive financial adviser to CPP Investments for sale of their 49% stake in L&T Infrastructure Development Projects Limited (L&T IDPL) to portfolio company of a fund managed by Edelweiss Alternative Asset Advisors Limited

Sale of Investor stake in L&T Infrastructure Development Projects Limited (L&T IDPL)

Ambit acted as the sole and exclusive financial adviser to CPP Investments for sale of their 49% stake in L&T Infrastructure Development Projects Limited (L&T IDPL) to portfolio company of a fund managed by Edelweiss Alternative Asset Advisors Limited