Qualified Institutions Placement of ₹ 4,000 mn

Qualified Institutional Placement

Service

September 2020

Date

Industrials

Sector

INR 4,000 MN

Deal Value

Qualified Institutions Placement of ₹ 4,000 mn

Deal Highlights:

  • We successfully closed the 4th deal for Amber Enterprises in ~4 years, true to our philosophy “Invested in YOU”
    • Jan’ 17 – Private placement to ADV Opportunities Fund
    • Dec’ 17 – Pre-IPO placement
    • Jan’ 18 – IPO (left lead banker); and
    • Sep’ 20 – QIP (left lead banker)
  • Seamless execution in record time – deal closed within 3 weeks
  • QIP was priced at a tight discount of ~3% to the previous close

Distribution Powerhouse:

  • In a 2-banker syndicate, procured 60% + share of demand; brought 13 out of 19 investors
  • Mobilised ~ 80% of the total FII demand from long only accounts
  • Garnered high quality long only investors across regions including US, Europe, Asia and India