Key Transactions

Five-Star Business Finance Limited

ECM

INR 4.3 bn

FY24

Sale of PE Investor's stake

Ambit acted as the Sole Broker to TPG for monetization of c. 1.9% stake in Five-Star Business Finance Limited

Sale of PE Investor's stake

Ambit acted as the Sole Broker to TPG for monetization of c. 1.9% stake in Five-Star Business Finance Limited

Karnataka Bank

ECM

INR 6 bn

FY24

Book Running Lead Manager for QIP of Karnataka Bank

Ambit was the Left lead Book Running Lead Manager for INR 6 bn QIP of Karnataka Bank Limited. Ambit spearheaded the regulatory documentation & approval process within tight timelines to ensure seamless and smooth execution.

Book Running Lead Manager for QIP of Karnataka Bank

Ambit was the Left lead Book Running Lead Manager for INR 6 bn QIP of Karnataka Bank Limited. Ambit spearheaded the regulatory documentation & approval process within tight timelines to ensure seamless and smooth execution.

Sundaram-Clayton Limited

ECM

INR 1.8 bn

FY24

Sale of Promoter stake

Ambit acted as the Sole Broker to Promoter for partial stake monetization in Sundaram Clayton Limited

Sale of Promoter stake

Ambit acted as the Sole Broker to Promoter for partial stake monetization in Sundaram Clayton Limited

Ami Organics Limited

ECM

INR 4.8 bn

FY24

Sale of Investor's stake

Ambit acted as the Sole Broker to one of the largest shareholders for their 12.5% stake sale in Ami Organics Limited

Sale of Investor's stake

Ambit acted as the Sole Broker to one of the largest shareholders for their 12.5% stake sale in Ami Organics Limited

Affle India Limited

ECM

INR 7.5 bn

FY24

Placement Agent for the Preferential issue of Affle India Limited

Ambit was the exclusive financial advisor to Affle for its INR 749 cr preferential issue to Ganmat Pte. Ltd. (an entity of the Ministry of Finance, Government of Singapore), via a preferential issue

Placement Agent for the Preferential issue of Affle India Limited

Ambit was the exclusive financial advisor to Affle for its INR 749 cr preferential issue to Ganmat Pte. Ltd. (an entity of the Ministry of Finance, Government of Singapore), via a preferential issue

AXISCADES Technologies Limited

ECM

INR 2.2 bn

FY24

Book Running Lead Manager for QIP of AXISCADES Technologies

Ambit was a Book Running Lead Manager for INR 2.2 bn QIP of AXISCADES Technologies Limited. Ambit played a pivotal role in shaping Investors’ understanding of the opportunity provided by AXISCADES, leading to healthy Investor participation in the deal.

Book Running Lead Manager for QIP of AXISCADES Technologies

Ambit was a Book Running Lead Manager for INR 2.2 bn QIP of AXISCADES Technologies Limited. Ambit played a pivotal role in shaping Investors’ understanding of the opportunity provided by AXISCADES, leading to healthy Investor participation in the deal.

ECM

INR 12 bn

FY24

Book Running Lead Manager for IPO of India Shelter Finance Corporation Limited

Ambit acted as a Book running lead manager to the INR 12 bn IPO consisting a Fresh Issue of INR 8 bn and an Offer for Sale of INR 4 bn. The IPO received overwhelming response across categories with the overall mainbook subscription of ~38x and the QIB, HNI and Retail portions getting subscribed ~94x, ~30x and ~10x respectively.

Book Running Lead Manager for IPO of India Shelter Finance Corporation Limited

Ambit acted as a Book running lead manager to the INR 12 bn IPO consisting a Fresh Issue of INR 8 bn and an Offer for Sale of INR 4 bn. The IPO received overwhelming response across categories with the overall mainbook subscription of ~38x and the QIB, HNI and Retail portions getting subscribed ~94x, ~30x and ~10x respectively.

Vasant Chemicals Private Limited

M&A

NA

FY24

Divestment of majority shareholding by Vasant Chemicals to International Chemical Investors Group (ICIG)

Ambit acted as exclusive financial advisor to Vasant Chemicals (specialty chemicals & pharma intermediates) on the divestment of majority shareholding to International Chemical Investors Group (ICIG)

Divestment of majority shareholding by Vasant Chemicals to International Chemical Investors Group (ICIG)

Ambit acted as exclusive financial advisor to Vasant Chemicals (specialty chemicals & pharma intermediates) on the divestment of majority shareholding to International Chemical Investors Group (ICIG)

Tower Vision

M&A

NA

FY24

Advised shareholders of Tower Vision on sale of 100% stake to Ascend Telecom and GIP

Advised shareholders of Tower Vision on sale of 100% stake to Ascend Telecom and GIP

Advised shareholders of Tower Vision on sale of 100% stake to Ascend Telecom and GIP

Advised shareholders of Tower Vision on sale of 100% stake to Ascend Telecom and GIP