Acquisition of 34% stake in SEIT InvIT as a Co-Sponsor

Acquisition of minority stake in Teqo – Mahindra Group’s renewable O&M platform

Ambit acted as the exclusive financial advisor to Poonawalla Group on enhancement of its stake in Magma HDI General Insurance Company Limited (“Magma HDI”) via a primary and secondary transaction through Sanoti Properties LLP (“Sanoti”). Sanoti infused INR 4.6 Bn along with providing HDI an exit for INR 2.2 Bn resulting in a total stake of 74%+ in Magma HDI, post the transaction

Ambit acted as the exclusive financial advisor to AU Small Finance Bank on its merger with Fincare Small Finance Bank through a share swap agreement marking the first ever consolidation transaction as well as the largest announced deal in the small finance bank space. (announced)

Ambit acted as the exclusive financial advisor to Wiz Freight on its Series B fund raise of $15 Mn led by Japan-based SBI Investments. The round also saw participation from NIPPON EXPRESS HOLDINGS, and existing investors Tiger Global, Axilor Technologies Fund, Arali Investments, Foundamental, and HNIs as well.

"Ambit acted as the Financial Advisor to Nexon Omniverse on its fund raise of ₹ 195 Cr from Prominent Family Offices"

Ambit acted as the exclusive M&A advisor to CEVA Logistics on its acquisition of majority shareholding in Stellar Value Chain Solutions Private Limited from its current shareholders Warburg Pincus and Mr. Anshuman Singh

Ambit acted as the exclusive financial advisor to Aequs Infra for credit raise from Piramal Structured Credit Opportunity Fund.

Ambit acted as the exclusive financial advisor to Aequs Pvt. Ltd. on its growth capital raise led by Amansa Capital. The round also saw participation from Steadview Capital, Catamaran (the family office of Infosys founder N. R. Narayana Murthy), Sparta Group LLC (the investment office of Desh Deshpande), Amicus Capital (through its affiliates), amongst others.

Ambit acted as the Book running lead manager to the INR 8.07bn IPO (including a Pre-IPO of INR 1.20bn) of Yatharth Hospital & Trauma Care Services Limited. This was the first Hospital sector IPO of FY24 and Ambit played an integral role in positioning Yatharth to Investors. The IPO received overwhelming response from investors with the overall main book subscription of ~37x and the QIB, HNI and Retail portions getting subscribed ~86x, ~39x and ~8x respectively."

Ambit acted as the Book running lead manager to the INR 4.05 bn IPO of Senco Gold Limited Ambit played a pivotal role in shaping investors' understanding of the opportunity provided by Senco. QIB portion subscribed ~190x with HNI & Retail book subscribed over ~68x & ~15x respectively, driving the overall response of ~76x.

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Ambit acted as the exclusive financial advisor to Aequs Pvt. Ltd. on its INR 2.25 Bn ($27.5 Mn) fund-raise led by Amicus Capital Partners

Institutional Placement of India Grid Trust to fund acquisition of Virescent, the renewable energy InvIT

Preferential allotment of units to HNIs to fund acquisition of Virescent, the renewable energy InvIT

Advised shareholders of Tower Vision on sale of 100% stake to Ascend Telecom and GIP

Block trade to family offices and HNIs

Ambit acted as exclusive financial advisor to Allcargo Logistics Ltd towards acquisition of 30% in GKEPL from KWE group

Exclusive financial advisor to Bewakoof Brands and its shareholders on divestment of ~82% stake (on a fully diluted basis) to Aditya Birla Digital Fashion Ventures Limited (“TMRW”) - a D2C fashion & lifestyle house of brands.

Financial advisor to FreshToHome for a part of its Series D fundraise of $104mn. The round saw participation from several new and existing investors

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders

Ambit acted as the exclusive financial advisor to Poonawalla Fincorp on its strategic sale of Poonawalla Housing to TPG for INR 3,900 crores, marking the largest PE-led acquisition in the NBFC sector in India

Ambit was the exclusive financial advisor to Times Internet on its successful monetization of 3 content / commerce platforms viz. MensXP, iDiva and Hypp, via sale to Mensa Brands.

Ambit acted as the sole and exclusive financial adviser to CPP Investments for sale of their 49% stake in L&T Infrastructure Development Projects Limited (L&T IDPL) to portfolio company of a fund managed by Edelweiss Alternative Asset Advisors Limited

Ambit acted as the Sole Broker to the Promoter for monetization of 7.03% stake in Triveni Engineering & Industries

Ambit acted as the Sole Broker to Max Group for monetization of 1.7% stake in Max Financial Services

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Ambit acted as the Sole Broker to TA Associate for their 5.3% stake sale of in Rategain Travel Technologies

Ambit acted as the Sole Broker to Investcorp PE for partial stake sale in Safari Industries

Ambit acted as the Sole Broker to Triveni Engineering for their 21.85% stake sale in Triveni Turbines

Ambit acted as the sole Broker to promoters for their 1.26% stake sale in Hatsun Agro Products

Exclusive financial advisor to Apeejay Surrendra Group on its fund-raise of INR 3.0 Bn for Industrial & Logistics Parks from funds managed by BPEA credit

Exclusive financial adviser to OTPP on acquisition of 40% stake in Mahindra Susten

Exclusive financial advisor to Clevertap for its Series D fundraise of $105m led by CDPQ. The round was also joined by IIFL Private Equity, along with the participation from existing investors like Tiger Global and Sequoia.

Exclusive financial advisor to OTPP for investment in KKR's roads platform in India

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Ambit acted as the Advisor and Broker to private equity investors for their stake sale in Barbeque-Nation Hospitality Ltd.

Exclusive financial advisor to IndInfravit for acquisition of road assets from Brookfield

Ambit acted as the exclusive financial advisor to Curefoods in its Series C fundraise

Ambit acted as the financial advisor to Waycool in its Series D Add-on fundraise

Ambit acted as the financial advisor to Chai Point in its Series C Add-on fundraise

Ambit advises Goat Brand Labs in its Series A1 round. Round saw participation from a mix of domestic and global investors.

Ambit advises Turtlemint in its series E round led by Amansa Capital, Jungle Ventures, Nexus Ventures, Vitruvian Partners, Marshall Wace and their early stage investors.

Follow on unit capital raised to acquire 3 additional road concessions for National Highway Infra Trust (NHAI sponsored InvIT)

Ambit acted as the Sole Lead Manager for INR 7.5 bn rights issue of Wockhardt Ltd. The issue witnessed very good response from institutional as well as retail investors and the issue was fully subscribed

Ambit acted as the Sole Lead Manager for the first ever Rights Issue of privately placed listed InvIT of INR 3.2 bn rights issue of Data Infrastructure Trust.

Assisted Poonawalla Group on consolidation of its stake in Magma HDI General Insurance Company Limited (“Magma HDI”) via a primary and secondary transaction through Sanoti Properties LLP (“Sanoti”). Sanoti infused INR 4.5 Bn along with a secondary purchase from existing investors for INR 4.8 Bn resulting in a total stake of 55.39% in Magma HDI, post the transaction

Assisted HDFC Limited on its merger into HDFC Bank

Ambit advises Entri, a leading EdTech App in its series A round led by Omidyar Networks. Round also saw participation from Innospark Ventures and Integrated Capital along with some Marquee HNIs

Ambit was a Book Running Lead Manager for the INR 6.7 bn IPO of Ami Organics Limited. As a leading research house for Chemicals sector, Ambit played a key role in shaping investor understanding about the opportunity provided by the Company. The issue received an overwhelming response with main book getting subscribed ~65x, the institutional portion ~87x, non-institutional portion ~155x and retail portion ~13x.

Ambit was a Book Running Lead Manager for INR 4 bn QIP of PCBL Ltd. Ambit was instrumental in shaping investor understanding and was principally responsible for bringing in the anchor investors for the issue

Ambit acted as the Placement Agent for INR 1 Bn Preferential Allotment of Barbeque-Nation Hospitality

Ambit acted as the Advisor and Broker to the Promoters for their stake sale in Alkyl Amines Ltd

Ambit acted as Sole Advisor and Broker to the Promoters for their stake sale in Poonawalla Fincorp Ltd (Magma Fincorp Ltd). The stake sale constituted ~3.9% of equity capital of the Company

Ambit acted as one of the Book Running Leading Manager for the IPO of Star Health and Allied Insurance Company, the largest private health insurer in India

Ambit was a Book Running Lead Manager for the INR 14 bn IPO of Metro Brands Limited. On the back of compelling market positioning and constant engagement with foreign and domestic investors, Ambit was able to generate traction and convert multiple large long only accounts in the Anchor Book. The Institutional portion was subscribed ~8.5x, Non-Institutional ~2.7x & Retail portion subscribed ~0.6x leading to an overall main book response of ~2.6x

Ambit acted as Exclusive Financial Advisor to True North on its stake in online insurance aggregator, PolicyBazaar

Ambit assisted Exide Industries on sale of its 100% shareholding in Exide Life Insurance Co. Ltd. (“Exide Life”) to HDFC Life Insurance Co. Ltd. (“HDFC Life”) for INR 66.9 bn. Ambit provided Fairness Opinion on the deal. It is the largest M&A deal in the life insurance sector in India

Exclusive Financial advisor to Max Ventures and Industries Ltd ("MVIL") for divestment of their balance 51% stake in MSFL to JV Partner Toppan Inc.

Exclusive financial adviser to CPPIB for acquisition of additional equity stake in ReNew Power

Financial advisor to Brookfield for sale of units held in India Infrastructure Trust - Pipeline InvIT

Exclusive financial advisor to OTPP for investment in NHAI InvIT - the first roads InvIT by a PSU as part of the Government's Asset Monetizaton Pipeline.

Trade finance platform, Vayana Network has raised USD 35 Mn funding from March Capital and Marshall Wace. Existing investors, including Chiratae Ventures, CDC group, Jungle Ventures also participated in the round.

AgriTech Company, Gramophone has raised $10m led by Z3 Partners. Round also saw participation from InfoEdge, Asha Impact and Siana Capital

Reliance Retail Ventures has acquired 52% shareholding of Ritika Pvt Ltd (Ritu Kumar). Everstone Capital, an existing investor in the Company has completely exited

HealthTech platform, Fittr has raised $11.5m from leading health and sports focused investor, Elysian Park, Dream Capital, the venture capital arm of gaming unicorn Dream11 and Sequoia's accelerator, Surge

Investment in one of India’s leading city gas distribution platforms

Bike-taxi platform Rapido has raised USD 52 million from Shell Ventures, Yamaha and existing investors including Westbridge Capital, Nexus Venture Partners, and many marquee HNIs

Ambit advised True North in its partial stake sale in Policy Bazaar, one of the largest FinTech Companies in India. Transaction was consummated prior to the Company’s planned IPO.

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Ambit acted as Sole Advisor and Broker to Max Group for their INR 7.8 bn stake sale (~2.3% of total outstanding shares of Max Financial Services Ltd) to a marquee long term foreign institutional investor. The funds raised through stake sale would be utilized to reduce the pledge level of shares held in the Company.

Ambit was a Global Coordinator and Lead Manager for INR 12 bn QIP of Aarti Industries Ltd. Ambit was instrumental in getting demand from FIIs as well as Insurance Companies (~60% of total allocation to Insurance Companies)

Ambit acted as the Global Coordinator and Book Running Lead Manager for the Initial Public Offer of Chemplast Sanmar Ltd. The total issue size of this IPO was INR 38.5 bn, consisting of a fresh Issue of INR 13.0 bn and an Offer for Sale of INR 25.5 bn. Ambit was instrumental in generating FII demand in the anchor book, as well as in marketing the Issue to HNIs and Retail Investors.

One of the largest investments by a pension fund in the Indian clean energy space

One of the largest exits by shareholders of a fast growing new-generation shared telecom infrastructure player

First InvIT by a PSU; First capital raising as part of the Government’s Asset Monetization Pipeline

Financing advisory transaction for one of the largest road InvIT platforms with 13 assets of c. 1,300 kms

One of the largest secondary acquisition in InvITs

Ambit acted as Manager to Open Market Buyback Offer which helped the company to distribute surplus cash and improve return ratios and indirectly increase promoter shareholding

Ambit acted as Sole Advisor and Broker to True North for their stake sale in Magma Fincorp Limited. The transaction resulted in the complete exit for True North. The transaction received overwhelming response from domestic as well as global investors.

Ambit acted as Sole Advisor and Broker to Lavender Investments Limited (part of ChrysCapital group) for their stake sale in Magma Fincorp Limited. The transaction resulted in the complete exit for ChrysCapital. The transaction received overwhelming response from domestic as well as global investors.

Promoters of C&S Electric ("C&S") divested 99% shareholding to Siemens. Acquisition of C&S strengthens Siemens’ position as a key supplier of LV power distribution & electrical installation technology in India. Siemens envisions this partnership to pave the way for the establishment of a design and manufacturing hub in India.

Ambit acted as the Sole Lead Manager for INR 3.5 bn rights issue of EIH Ltd. The issue witnessed an overwhelming response from institutional as well as retail investors, which lead to an oversubscription of ~1.6x

Ambit was a lead manager for INR 7 bn QIP of Varroc Engineering Ltd. Ambit was instrumental in bringing in the anchor investor  and also contributed ~48% of the total book

Ambit was a Book Running Lead Manager for the INR 4.5 bn IPO of Barbeque-Nation Hospitality. Ambit worked closely with investors and was able to generate overwhelming interest towards the Anchor Book. Ambit’s disproportionate effort on the Non-Institutional/Retail marketing front helped the Company broaden its reach within the NII and Retail categories.

Ambit was a Book Running Lead Manager for the INR 7.6 bn IPO of Anupam Rasayan India Limited. As a leading research house for Chemicals sector, Ambit played a key role in shaping investor understanding about the opportunity provided by the sector, as well as Anupam Rasayan. The issue received an overwhelming response with main book getting subscribed ~44x, the institutional portion ~66x, non-institutional portion ~97x and retail portion ~11x.

Ambit was a Book Running Lead Manager for the Initial Public Offer of Brookfield India REIT. The total Offer Size of this IPO was INR 38 bn. Ambit was instrumental in bringing in marquee investors in the anchor round as well as the main book. The Offer received a good response from the market in both the Institutional as well as the Non-Institutional category.

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Infra.Market raised USD 20 mn in Series B financing round led by Evolvence India Fund, Sistema Asia Fund and Foundamental to fuel the next phase of expansion and growth. Existing investors Tiger Global, Accel and Nexus Venture Partners also participated in the round.

CropIn raised USD 20 mn in Series C financing round led by ABC World Asia, an impact focussed PE fund, CDC Group and Pratithi Investment Trust. Existing investors Chiratae Ventures, Invested Development and Ankur Capital also participated in the round

Ambit was a Book running lead manager in a two bank syndicate for the Initial Public Offer of Chemcon Speciality Chemicals Limited. The total Offer Size of this IPO was INR 3.18 bn, consisting of a fresh Issue of INR 1.65 bn and an Offer for Sale of INR 1.53 bn. The issue received an overwhelming response with main book getting subscribed ~149x, the institutional portion ~114x, non-institutional portion ~449x and retail portion ~41x.

Ambit was a lead manager for INR 7.5 bn QIP of SRF Ltd. Overwhelming demand from marquee domestic and foreign Investors resulted in the book getting subscribed ~7x. Ambit helped the Company to broaden its shareholders base by bringing new DII & FII investors in the book

Warburg Pincus invested INR 7 bn through combination of primary fund raise and secondary sales by True North and Bessemer Venture Partners among others. This was the first large and marquee private equity transaction in the lending space in the midst of COVID-19 pandemic.

One of largest Infrastructure deals in India till date. Ambit was the exclusive advisor to Brookfield, as a Sponsor of InvIT (Tower Infrastructure Trust), on the transaction - through this transaction Tower Infrastructure Trust became the owner of one of the largest telecom tower companies in India.

Ambit was a Book running lead manager for the Initial Public Offer of Mindspace Business Parks REIT. The total Offer Size of this IPO was INR 45 bn, consisting of a fresh Issue of INR 10 bn and an Offer for Sale of INR 35 bn. The Offer received an overwhelming response from the market in both the Institutional as well as the Non-Institutional category.

Ambit was a lead manager for INR 20 bn QIP of PI Industries Ltd. Overwhelming demand from marquee domestic and foreign Investors resulted in the book getting subscribed 6x ie. ~INR 120 bn. Ambit helped the Company to broaden its shareholders base by bringing new FII investors in the book including some US based funds

This is the second trade in Laurus Labs by Ambit within a span of 8 weeks for Warburg Pincus, Ambit helped them in completely exiting by selling ~20% stake across two tranches

Inshorts has raised $35 million in a new financing round from Addition Capital, SIG, Tigerglobal to scale its adjacent, social network platform - Public

Ambit helped Pre-IPO PE investors Eight Roads (exited completely) & Warburg Pincus in divesting their stake. Ambit worked closely with key investors to generate early demand that helped create momentum in the book & successful launch of the deal

Assisted Acko, the first InsurTech player having end to end digital vlaue chain for non-life insurance in India in a fund raise. Acko is backed by some marquee investors like Catamaran, Amazon, SAIF Partners, Accel Partners, Swiss Re, Aegon

Assisted a large PE investor in divesting its stake in Bharti Airtel

Prolec GE ("PGE") and Shirdi Sai Electricals Limited ("SSEL") executed definitive agreements whereby PGE divested 69% equity shareholding in Indo Tech Transformers. PGE continues as a minority shareholder after the transaction as per the agreement. Transaction allows SSEL to consolidate in Indian transformers industry.

Ambit was the exclusive financial advisor to Reliance Infrastructure on the sale of Delhi-Agra toll Road to Cube Highways (owned by I-squared, IFC, ADIA, etc.)

Rich’s and Graviss entered into a joint venture ~25 years ago and Graviss helped establish Rich’s brands in India and become the market leader in its category Ambit assisted Graviss in shareholder negotiations during the course of the transaction and advised on pricing, structuring and definitive documentation

One of India’s largest Road Infrastructure M&A deals. Ambit was the exclusive financial advisor to IndInfravit (L&T IDPL sponsored Privately Placed InvIT), which has marquee investors including Allianz, CPPIB and OMERS. First follow-on preferential issuance by a Privately Placed InvIT; First NCD issuance by an InvIT in the Indian market. 

Assisted Ambit Finvest, systematically important NBFC, in a fund raise and brought in multiple pools of capital including private equity and family offices to help Ambit Finvest choose the most appropriate capital pool. Managed a tight execution which helped in an expedited closing

Ambit assisted JC Flowers and Shinsei exit from an investment in SICOM Limited in advese market conditions. Transaction involved a public auction process

Shareholders of Inlogistics divested c.100% ownership to Adani Logistics. Inlogistics business comprised of domestic rake operations and an ICD terminal in Ludhiana. Acquisition will enable Adani to expand its TAM, enhance network coverage and expand its existing value chain to handle dry cargo. The acquisition will enable Adani to expand its total addressable market, enhance network coverage and create a value chain to handle dry cargo.

Ambit brought in marquee anchor investors which helped in garnering remaining demand in the transaction & launch the deal

Helped a faction of the Promoter Family to monetize part of its stake to set up new business

Helped a faction of the Promoter Family to monetize part of its stake in the Company

Assisted a PE investor in divesting its long term holding  in Narayana Hrudayalaya. Ambit's strong conviction on NH helped garner demand in an otherwise thinly traded stock.

Financial Advisor to Bayer AG for Open Offer of Monsanto India Ltd. and subsequent merger with Bayer CropScience Ltd.

Assisted a PE investor in divesting its stake in Varun Beverages

Acted as Manager to Open Market Buyback Offer which helped the company to distribute surplus cash and improve return ratios and indirectly increase promoter shareholding.

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner and indirectly increase promoter shareholding.

Helped the Promoters monetize a part of their stake in Relaxo Footwear via a secondary market sale and also enhance liquidity in the stock. Ambit successfully placed ~15% of free float at minimal discount of ~3%

Advised Ambit Finvest on the acquisition of the SME financing business of Finmax through a Business Transfer Agreement

Assisted APAC Financial Services, an NBFC set up by Mr Gunit Chadha, with a fund raise prior to receipt of regulatory licenses

Ambit ran a tightly managed competitive process involving strategic and financial investors for 26% stake sale by Legal & General Plc. This was the first transaction in India where a private equity was acquiring 26% stake in a Life Insurance Company.

Ambit assisted Magma HDI with an equity raise from famliy office to provide a bridge funding round

Astral Polytechnik ("Astral") acquired Rex Polyextrusion ("Rex") to extend product line of Astral to include corrugates and other piping solutions. The acquisition is expected to allow Astral to further penetrate the infrastructure business with expertise in plumbing and drainage segment. Transaction was structured by 51% shareholding acquisition by cash and 49% shareholding acquisition in share swap.

Avantha Industries divested Solar ChemTech ("Solaris") to Agrocel Industries ("Agrocel") in line with Avantha Industries' strategy to reduce its debt. Solaris being primarily involved in Bromine and Bromine derivatives provides consolidation opportunity to Agrocel. Transaction was structured by 100% equity shareholding acquisition by cash

Genesis is one of India’s largest fashion retailers in the premium and luxury segment with franchisee brands including Armani, Burberry, Canali and Jimmy Choo amongst others The transaction provided exit to marquee private equity funds including Sequoia Capital, Janus Henderson, Saama Capital and Mayfield

One of largest Infrastructure deals in India till date and first private pipeline to be monetized. Ambit was the exclusive advisor to Brookfield, as Sponsor of InvIT (India Infrastructure Trust), on the transaction.

OMERS Infrastructure invests globally in infrastructure assets on behalf of OMERS (Ontario Municipal Employees Retirement System). OMERS is one of the largest Canadian investors with C$95 billion in net assets under management This is a landmark transaction as this is the first investment by OMERS Infrastructure in India as well as Asia

A landmark transaction in the Hydro Power sector in India

Allianz Capital Partners (ACP) acted as one of the two anchor investors in the first privately placed Infrastructure Investment Trust (InvIT) in India. This investment marked a key milestone as it was ACP’s first direct investment in Asia

Ambit is the first private sector merchant banker to manage a buyback offer for NHPC Limited

Ambit helped a PE investor (one of the early investors in the Company) to montize its stake and was able to successfully place the relatively large size block in short span of time with minimal impact on the price.

Acted as Manager to Open Market Buyback Offer which helped the company to distribute surplus cash and indirectly increase promoter shareholding.

A unique transaction in the media space involving auction of teams for the Kabaadi Pro League

Assisted PolicyBazaar on a tightly managed fund raise. Ambit helped bring in a variety of investors including Private Equity, institutional investors and family offices to provide the options to the Company

CCI Projects raised INR 5.5 bn in structured debt capital from Indiabulls. The debt capital will be utilized to repay existing debt and to complete development of the under-construction residential asset.

Pioneering control M&A deal in snack food sector

A strategic transaction for Brisa in India

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Helped the Promoters divest a part of their stake to meet the requirements of the pre disclosed trading plan

Largest QIP offering in CY 2017 handled by any investment bank as Sole BRLM. Attracted a good mix of private equity funds and domestic institutional investors

A unique controlling stake acquisition in a fast growing affordable housing finance company by a private equity fund. Deal completed with multi party negotiations in a tight timeline with volatile market conditions

Max Ventures and Industries Ltd ("MVIL") divested 49% shareholding in Max Specialty Films Ltd ("MSF") to Toppan Printing Co ("Toppan"). In a win-win scenario, MSF gets access to Toppan's vast global network in specialty films business & Toppan gets direct access to BOPP products. Transaction is structured via 36% secondary acquisition and 13% primary acquisition.

Helped the Promoters divest a part of their stake to fund other ventures

Ambit was the exclusive financial advisor to Tata Realty & Infrastructure Limited (TRIL) on this transaction

Assisted Mahindra group to divest part of their stake in the Company

Assisted Clariant group to reduce their holding to 51% in the Company

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Ambit, successfully managed the IPO of GNA Axles in an otherwise challenging market for autocomp IPOs. Ambit also procured 100% of the Anchor Book which created a strong platform for an overwhelming subscription in the IPO.

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Ambit acted as the Sole BRLM and procured demand from high quality 'Long Only' investors

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Ambit was the exclusive financial advisor to BNP Paribas Lease Group on the restructuring of their joint venture with SREI Infrastructure for construction equipment financing.

CMA CGM acquired majority control in LCL Logistix (India's largest home-grown domestic freight forwarding & CFS operator). The transaction will allow CMA CGM to expand its product offering and enhance India geographic coverage

Astral Polytechnik acquired 24% equity shareholding in Resinova Chemie as second tranche of its acquisition in Resinova Chemie. The transaction was structured by 24% equity shareholding acquisition by cash.

Legrand acquired the electronic enclosure business of Valrack Modular Systems. The acquisition is part of Legrand's strategy to penetrate into digital infrastructure products globally. The transaction was structured by 100% equity shareholding acquired by cash.

Siporex divested its AAC (Autoclaved Aerated Concrete) business to Biltech Building Elements (Avantha Group). As part of the transaction, Avantha Group acquired the brand Siporex for autoclaved aerated concrete products along with its manufacturing units at Pune and Tumkur. The acquisition strengthens market leadership of Biltech Building Elements in AAC block segment.

First deal in India sports franchisee business

Hi-Build Coatings divested its 100% equity shareholding in Indigo Paints. The amalgamation of both companies is expected to result in widened marketing network and a large product portfolio for Indigo Paints. Merged entity is expected to expand rapidly and drive for greater market share. The transaction was structured by 100% equity shareholding acquisition by cash and then, merger of the two companies.

First 100% sale of a portfolio of road assets in India

Acted as Manager to tender Buyback Offer which helped the company to distribute surplus cash in a tax efficient manner.

Despite a strong run up in the stock, Ambit procured anchor bid of ~42% which aided in the launch of the deal

Completion of the transaction before the fiscal year end was necessary. Ambit helped the Company to complete the transaction in short span of time.

Assisted Hathway Cable & Datacom, a leading cable TV services provider, in an equity capital raise through the preferential issuance route from Capital Group

Ambit advised Amagi Media, which runs one of the largest geo-targeted ad network in India, on an equity capital raise from Preji Invest and Mayfield

Ambit advised India Value Fund (now called True North) for sale of their FM radio business, Radio City, to the Jagaran Prakashan Group

Ambit advised Mobikwik on a its Series B fund raise for a mix of investors including American Express, Cisco Ventures and Treeline

Clariant Chemicals divested its c. 87 acre non-core real estate asset located in Thane to Lodha Group and deploy the capital to expand existing business

Technip divested majority shareholding (atleast 51% to 75%) in Seamec to HAL Offshore. The divestment is part of Technip’s strategy to concentrate on its core competencies involving deepest subsea complex, deepwater oil and gas developments.

Astral Polytechnik ("Astral") acquired 76% shareholding in Resinova Chemie to deepen its penetration in Indian adhesives business. Resinova gains due to Astral's international presence, strong technical knowledge and wide distribution network. The transaction was structured by 24% equity shareholding acquisition by cash.

Advised UB and Zuari Group on the competing Open Offer for MCFL

Ambit lead the efforts to aggressively position and market Ashok Leyland as a turnaround story to global & domestic investors

Turbulent market conditions and FII limit exhaustion prior to QIP made it a challenging transaction. Ambit secured highest procurement in a multibank deal

Ambit acted as Sole BRLM and brought in bids covering 1.9x of Base book size in volatile markets

Ambit garnered strong response from investors in an otherwise turbulent market environment

Ambit helped in a timely QIP fund raise which help the company complete the acquisition of Resinova

Kinetic Engineering sold its shareholding in Mahindra Two Wheelers ("MTW") to Samena Capital. Kinetic Engineering acquired equity shareholding in MTW on sale of business units of its group company Kinetic Motor Company Limited ("KMCL") to MTW. The acquisition allows Kinetic Engineering to strengthen its balance sheet and focus on core assets

Legrand entered into a JV Agreement with Adlec Power Private Limited ("Adlec") for acquiring 70% shareholding in Adlec. The acquisition provides Legrand access to business of designing, manufacturing and marketing of customized electrical panels (low and medium voltage, including switchgears and control panels) and related components (such as busducts or capacitors)

Ambit was the exclusive financial advisor to IDFC in the sale of their stake in NSE the largest stock exchange in India to Wolfensohn Capital.

Capital raise in India franchisee of FCUK

Deal involving a marquee fashion brand in India - Calvin Klein

Deal involving a marquee luxury spa brand in India - L'occitane

Marquee deal in packaged foods sector

Resinova gains due to Astral's international presence, strong technical knowledge and wide distribution network. The transaction was structured by 24% equity shareholding acquisition by cash.

Ambit advised Viacom Inc, a leading global media company on the acquistion of 50% stake in Prism TV. Prism TV owned and operated regional entertainment channels in India, including ETV Marathi, ETV Kannada, ETV Bangla, ETV Oriya and ETV Gujarati, which were rebranded under the ‘Colors Umbrella’.

Advised Magma Fincorp, a listed NBFC, on the acquisistion of home loans business from GE Money. The transaction involved assisting Magma in a competetive process

Ambit advised Living Media, a leading media group in India, on investment from the Aditya Birla Group

Ambit ran a sale process for Societie Generale's consumer finance NBFC in India which was acquired by L&T Finance

Restructuring exercise was carried out to create focused Material Handling Equipment (“MHE”) and Power Transmission (“PT”) entities. The restructuring simplified the group structure, eliminated intra-group transactions, facilitated deleveraging balance sheet by raising funds at appropriate valuations for both the businesses and enhanced management focus on respective business

Merial, the animal health division of Sanofi, acquired the animal health division of Dosch Pharmaceuticals to enter India’s growing animal health market. Post acquisition, Merial will continue to register its brands for companion & production animals in India

Transaction involving a leading publisher in education space

Acted as Sole Lead Manager for the Rights issue. Rights Issue was primarily for repayment of debt.

Acted as Manager to the delisting offer and successfully delisted Exedy India

Acted as Manager to Open Market Buyback Offer which helped the company to distribute surplus cash and indirectly increase promoter shareholding.

Ambit acted as the Manager to the Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges

Bayer CropScience divested its c. 105 acre non-core real estate asset located in Thane to Kalpataru Group and deploy the capital to expand existing business

Legrand acquired the UPS division of Numeric Power Systems (India’s market leader for UPS solutions). Numeric UPS brings Legrand a strong product portfolio, strong brand, and an extensive sales network across India. The acquisition continued Legrand’s expansion into the UPS market – a business line that offers an excellent fit with energy-distribution and energy-performance activities of Legrand

Mitsubishi Electric acquired Messung Group (India-based manufacturer of PLC & Human Machine Interfaces and one of Mitsubishi Electric's sales & distribution partner in India). The acquisition allows Mitsubishi Electric to accelerate its industrial automation systems business in India and strengthen local sales and solutions

One of few control transaction in commodity space (Sugar) by overseas acquirer

Unique combination of acquisiton and followed by a fund raise

A landmark transaction in the IT services sector involving the acquistion of Patni Computers, a leading IT services compay in India, Nasdaq listed iGate Corporation

Ambit advised UTV on the sale of equity stake to Reliance Capital Ltd in Bloomberg-UTV. Bloomberg UTV, business news channel, was a strategic partnership between Bloomberg LP, a global leader in business information, and UTV

Borosil divested its c. 18 acre non-core real estate asset located in Andheri (E) in Mumbai to Sheth Group, thereby helping unlock shareholder value

Legrand acquired the switchgear business of Indo-Asian Fusegear. The two businesses are complementary with Indo Asian Switchgear being a major retail player for protection devices (MCCB, RCCB, distribution boards, etc.) while Legrand holds strong positions in both high value-added protection systems mostly used in project business and in premium wiring devices

Unique franchisee business divestiture

Acted as Manager to Open Market Buyback Offer which helped the company to distribute surplus cash and indirectly increase promoter shareholding.

Ambit acted as the Manager to the Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges

Sesa Goa's (Vedanta) acquisition Dempo’s Goa mining assets intends to increase its pricing power and strengthen its position in the industry

Ambit acted as the Manager to the Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges

Ambit acted as the Manager to the indirect Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges

Controls & Switchgear Company sold 26% stake in Leroy Somer & Controls India, manufacturer of pumps and alternators to Emerson Electric, US

Kirloskar Oil Engines sold the engine valve components division located in Ahmednagar and Nashik (Maharashtra) to Eaton Corporation, US

The Sanmar Group sold its 51% stake in Vishay Sanmar to Vishay Intertechnology, US to exit from the JV

The Sanmar Group acquired 100% stake in Matrix Metals LLC, US which is a manufacturer of steel valve, oil field equipment, locomotive and transit castings

Mahindra & Mahindra entred into the two-wheeler segment through acquisition in Kinetic Motor.

Ambit advised on the landmark merger of Centurion Bank of Punjab with HDFC Bank through a stock swap transaction. This was the largest M&A in India till date at the time of announcement

Ambit Advised IDFC Limited on their foray into mutual funds through the acquisition of Standard Chartered's asset management business in India through a competitive sale process

Ambit advised BNP Paribas on the acquisition of equity stake in Geojit Financial Services, a leading retail stock broker in India. The transaction structure involved a preferential allotment and an open offer along with issuance of warrants

Sale of 60% shareholding in ASCO India by the Sanmar Group to Emerson Electric, US

Stork Prints BV acquired additional 20% stake in Stovec Industries through open offer to its public shareholders. Post the transaction Stork Prints BV holds 71% stake in Stovec Industries

Sintex acquired Bright Brothers' all five automotive component manufacturing plants located in close proximity to major automobile production hubs like Chennai, Sohna, Pune, Pithampur and Nashik.

The Manitowoc Company acquired Shirke Construction Equipment's, the India based provider of lifting equipment for the construction industry. Acquisition will help Manitowoc to expand its operations in the Indian construction markets.

Alstom SA sold its motors & fans business, which manufactures a full range of low and medium voltage industrial motors & fans, to Regal Beloit Corp. This acquisition is in line with Regal Beloit’s globalization strategy of improving its commercial presence to serve its customers better.

The Kapadia Family sold its 50% stake in Tecnimont ICB to Marie Tecnimont SpA to exit from the JV

Ambit advised Centurion Bank of Punjab on the merger of Lord Krishna Bank through a stock swap transaction . The merger expanded the footprint of CBoP in South India

Himatsingka Seide acquired 70% stake in Giuseppe Bellora, SpA, the Italy based textile company. The acquisition is in line with Himatsingka's strategy of high end distribution networks having presence in the global home-textile segment.

Heidelberg Cements acquired controlling stake in Mysore Cements. The acquisition will give the company a presence in central and south India through Mysore Cements' plants in Damoh (MP), Jhansi (UP) and Ammasandara (Karnataka)

Kirloskar Brothers sold 51% of its stake in Kirloskar Copeland to its JV partner Copeland Corporation. Kirloskar Brothers sold the stake as it wanted to focus on it core operations.

Escorts sold 49% of its stake in Carraro India to its JV partner Carraro SpA. Escorts sold the stake as it wanted to focus on tractors, construction equipment and auto parts.

Sale of 75% shareholding of the Poonawalla Group in Eagle Industry Co. to Eagle Industry Company, Japan

Ambit advised Centurion Bank of Punjab on a capital raise from ICICI Ventures through a preferential allotment route

Sale of Padmini Engineering to Hella Asia

Jumbo Group divested controlling stake in Falcon Tyres. The disposal was in line with Jumbo Group’s strategy to exit the non-strategic rubber business

Ambit assisted Centurion Bank on the merger of Bank of Punjab through a stock swap transaction. The merger helped expand the branch network of Centurion Bank in North India, particualrly in Punjab

Ambit assisted Centurion Bank on an equity capital raise from Chrys Capital, CVCI and India Value Fund through a preferential allotment

Ambit advised on the first M&A in the insurance sector in India, involving the sale of AMP Sanmar Life Insurance. The transaction involved a tighly managed sale process for a range of bidders including global insurers and domestic groups. The Reliance ADA acquired the business for cash to form Reliance Life Insurance

Ambit advised Electrolux on the sale of 91.25 % stake in its Indian subsidiary Electrolux Kelvinator Ltd (EKL) to Videocon. The deal involved the sale and marketing rights of all three Swedish brands "" Kelvinator, Allwyn and Electrolux. In return, AB Electrolux will receive 5 per cent stake in Videocon Industries. Ambit was the exlcusive financial advisor to Electrolux.

BPL agreed to form a 50:50 JV with Sanyo Electric Company for establishing colour television business in India. The JV is expected to leverage BPLs distribution network and manufacturing and Sanyos technology and R&D capabilities.

Dabur's acquisition of the Balsara group of companies was one of the largest FMCG deals at the time. Balsara had seven prominent brands including Promise,  Babool, Meswak, Odonil, Odomos, Odopic and Sani Fresh. Ambit was the exclusive financial advisor to Balsara

Landmark transaction in the alcoholic ebeverages segment in Indian. Scotish & Newcastle, the larget brewer in UK acquired a strategic stake in United Breweries, the largest brewery in India. Ambit was the financial advisor to United Breweries