Deal Highlights:
- We successfully closed the 2nd transaction for INOX Leisure in last 11 months, demonstrating our philosophy of “Invested in YOU”
- June 21 – QIP (₹ 3,000 mn)
- August 20 – Block Placement* (₹ 1,015 mn)
- The QIP received an overwhelming response from marquee FIIs, Mutual Funds, Insurance Company, a testimony to INOX’s ability to curate better cinema going experience
- Deal was launched in ~3 weeks from kick off
Our Contribution:
- As left lead banker to the deal, we hand-held the Company with end-to-end execution, swift regulatory approvals, and timely launch, coinciding with the unlock guidelines of the government
- Garnered participation from a diverse investor set including marquee Mutual Funds, AIF, Insurance Company and FIIs
- Spearheaded demand mobilization – Book was oversubscribed multiple times and was allocated ~73% to DIIs and ~27% to FIIs