Deal Details

• QIP helped Company in achieving various objectives of raising capital for funding Company’s Working capital requirements as well as Repay Borrowings
• Offering received an overwhelming response from investors across categories
• ~73% of the book was allocated to ‘Long Only’ Investors

Nuvama Contribution

• With this QIP, Nuvama has successfully closed the 2nd transaction for Texmaco in last 5 months being the “Banker of Choice”
• Securing our leading position in the Railwas Space, with 3 transactions advised in last 5 months
• As the left-lead and post issue banker in both tranches, hand-held the Company with end to end execution, swift regulatory approvals, thereby ensuring timely launch and closure
• Nuvama garnered participation from a diverse investor set including FIIs, Insurance Company and Family Offices