Key Transactions

Capital Raise

USD 104 mn

FY23

Part of Series D fundraise

Financial advisor to FreshToHome for a part of its Series D fundraise of $104mn. The round saw participation from several new and existing investors

Part of Series D fundraise

Financial advisor to FreshToHome for a part of its Series D fundraise of $104mn. The round saw participation from several new and existing investors

Triveni Turbine Limited

ECM

INR 1.9 bn

FY23

Manager to Tender Buyback Offer of Triveni Turbine Limited

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders

Manager to Tender Buyback Offer of Triveni Turbine Limited

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders

Poonawalla Fincorp Ltd (Magma Fincorp Ltd)

M&A

INR 39 bn

FY23

Advisor to Poonawalla Fincorp on its sale of Poonawalla Housing to TPG

Ambit acted as the exclusive financial advisor to Poonawalla Fincorp on its strategic sale of Poonawalla Housing to TPG for INR 3,900 crores, marking the largest PE-led acquisition in the NBFC sector in India

Advisor to Poonawalla Fincorp on its sale of Poonawalla Housing to TPG

Ambit acted as the exclusive financial advisor to Poonawalla Fincorp on its strategic sale of Poonawalla Housing to TPG for INR 3,900 crores, marking the largest PE-led acquisition in the NBFC sector in India

MensXP

M&A

NA

FY23

Divestment of Times Internet's stake in MensXP, iDiva and Hypp to Mensa Brands

Ambit was the exclusive financial advisor to Times Internet on its successful monetization of 3 content / commerce platforms viz. MensXP, iDiva and Hypp, via sale to Mensa Brands.

Divestment of Times Internet's stake in MensXP, iDiva and Hypp to Mensa Brands

Ambit was the exclusive financial advisor to Times Internet on its successful monetization of 3 content / commerce platforms viz. MensXP, iDiva and Hypp, via sale to Mensa Brands.

Triveni Engineering

ECM

USD 60 mn

FY23

Sale of Promoter stake

Ambit acted as the Sole Broker to the Promoter for monetization of 7.03% stake in Triveni Engineering & Industries

Sale of Promoter stake

Ambit acted as the Sole Broker to the Promoter for monetization of 7.03% stake in Triveni Engineering & Industries

Max Financial Services

ECM

USD 50 mn

FY23

Sale of Promoter stake

Ambit acted as the Sole Broker to Max Group for monetization of 1.7% stake in Max Financial Services

Sale of Promoter stake

Ambit acted as the Sole Broker to Max Group for monetization of 1.7% stake in Max Financial Services

Garware Technical Fibres

ECM

USD 11 mn

FY23

Manager to Tender Buyback Offer of Garware Technical Fibres

Ambit acted as the Sole Broker to Max Group for monetization of 1.7% stake in Max Financial Services

Manager to Tender Buyback Offer of Garware Technical Fibres

Ambit acted as the Sole Broker to Max Group for monetization of 1.7% stake in Max Financial Services

Quick Heal Technologies

ECM

USD 19 mn

FY23

Manager to Tender Buyback Offer of Quick Heal Technologies Ltd

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Manager to Tender Buyback Offer of Quick Heal Technologies Ltd

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

RateGain Travel Technologies

ECM

USD 21 mn

FY23

Sale of PE Investor's stake

Ambit acted as the Sole Broker to TA Associate for their 5.3% stake sale of in Rategain Travel Technologies

Sale of PE Investor's stake

Ambit acted as the Sole Broker to TA Associate for their 5.3% stake sale of in Rategain Travel Technologies