Lead Manager to Edelweiss Broking Limited for their Public Issue of Secured NCDs

Lead Manager to Edelweiss Housing Finance Limited for their Public Issue of Secured NCDs

The Issue received decent response from investors. The Issue was subscribed 1.34 times of the Base Issue Size and 0.13 times of the Tranche I Issue Size after considering the not banked cases and technical rejection cases
The Issue offered a diverse set of interest payment options like annual, monthly and at maturity to Investors with tenures ranging from 24 months to 60 months encompassing both the shorter and longer investment horizons

We managed to garner healthy participation from a varied set of investors
As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch in spite of significant changes in the regulatory framework
This is our back-to-back third successful NCD issue closure for a HFC; A great testimony of our understanding of HFCs

We successfully advised Kinara on its fresh equity round led by Nuveen, a leading global investment manager with over USD 1.3 tn of assets under management, with participation from Triple Jump, a Dutch impact-focused investment manager
Kinara would use the capital raised to fuel its growth. As it aims to grow by 500% by 2025 with plans to disburse INR 10,000 crores of MSME business loans in the next three years

We acted as the exclusive financial advisor to Kinara Capital in the transaction
We played a pivotal role in highlighting the investment thesis, marketing, structuring, valuation & executing the transaction
Ensured a successful completion despite covid induced sector headwinds
End to end handholding and guidance on all transaction related matters till closure

Kinara Capital is a fast-growing fintech propelling financial inclusion of small business entrepreneurs in India, the company is globally recognized for disrupting MSME financing
One of the few Companies that has delivered growth, profitability & resilience despite multiple economics shocks over the past 7 years

The Issue received a decent response from all set of investors. It was subscribed 1.27 times of the Base Issue Size
The Issue was focused for a shorter investment horizon from 370 days to 36 months with yields ranging from 10.00% p.a. to 11.00% p.a.
~57% of the amount of deal for total NCDs allotted was from Category III & Category IV investors (individual investors)
One of the NBFCs focusing on providing transaction finance through digital platforms

Dhani Loans and Services Limited, being an NBFC focused on retail lending through digitization, we facilitated and led the positioning efforts of the Company
As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch

The Issue received an overwhelming response from investors. The Issue was subscribed 8.43 times of the Base Issue Size and 0.84 times of the Tranche II Issue Size
The Secured NCDs are issued in seven series with tenure of 24, 36 or 60 months. The frequency of interest payment will be monthly, cumulative or annual. The Secured NCDs under Series I to Series VII offer a fixed annualized yield of up to 8.75% p.a. to investors.

We managed to garner healthy participation from a varied set of investors
As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch
This is our back-to-back third successful NCD issue closure for IIFL Group in the current fiscal year

The Issue received an overwhelming response from investors. The Issue was subscribed 3.96 times of the Base Issue Size and 0.79 times of the Tranche I Issue Size
The Issue offered a diverse set of interest payment options like annual, monthly and at maturity to Investors with tenures ranging from 24 months to 87 months encompassing both the shorter and longer investment horizons

We managed to garner healthy participation from a varied set of investors
As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch in spite of significant changes in the regulatory framework
This is our back-to-back third successful NCD issue closure for a HFC within the first half of the current fiscal year; A great testimony of our understanding of HFCs

The “APT” Housing Finance Company IPO

One of the largest housing finance companies in south India^
Participation by all category of investors – Long Only FIIs, Mutual Funds, Insurance Company and Long Only DIIs
Strong response from investors even with multiple large issues launched at the same time
Launched within 12 weeks since DRHP Filing

17x
Stellar Response across investor categories*

3rd
Highest subscribed issue^@ in 2021

Ensured early participation from high quality Long Only FIIs and marquee Indian Family Offices in the issue to give confidence for launch of deal
Highest number of investors converted in anchor book
#1 Procurer in HNI and Retail Category#… Pushed the Aptus story aggressively through our distribution channel to garner strong interest in HNI and Retail category
Provided end-to-end client handholding and guidance on various deal contours and timing

The Issue received an overwhelming response from investors. The Issue was subscribed 6.56 times of the Base Issue Size and 0.66 times of the Tranche I Issue Size
The Issue offered a diverse set of interest payment options like annual, monthly and at maturity to Investors with fixed tenor of 87 months

We managed to garner healthy participation from a varied set of investors
As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch
This is our back-to-back successful NCD issue closure for a HFC within the first half of the current fiscal year; A great testimony of our understanding of HFCs