“Whopper” of a Deal – Book Running Lead Manager to the Highest Subscribed IPO*

Our Contribution:

Mobilized 80%+ of the Pre-IPO Tranche
  • We championed the marketing strategy and led the positioning efforts
  • Converted cornerstone investors for the Pre-IPO creating strong traction in the deal
    • Amansa – ~INR 167 cr
    • SBI MF – ~INR 40 cr
#1 – Mobilized 33%+ share in the Anchor Book in a 4-bank syndicate
  • Converted marquee FIIs and DIIs in the anchor book
  • Leveraged on our pan-India Retail Distribution Network leading to more than 24 lac applications
  • Tapped into our wealth management clients for mobilizing stellar demand in the HNI category

Deal Highlights:

  • The deal was fully subscribed within hours of issue opening on back of strong retail participation
  • Highest subscribed IPO* – (QIB1 – 86.5x; NII – 355.5x; Retail – 56.9x; Overall subscription – ~155x)
  • The deal saw participation from marquee institutional investors across the globe

1– Ex-Anchor; >sup>*– India IPOs above INR 500 crs since
2008; #– Includes Pre-IPO placement