Lead Managers for the deal were Axis Capital Limited, J.P. Morgan India Private Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities and Capital Markets (India) Private Limited and ICICI Securities Limited.   Shardul Amarchand Mangaldas has advised Axis Capital Limited, J.P. Morgan India Private Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities and… Read More +

Shardul Amarchand Mangaldas has advised private-equity backed housing finance company Aavas Financiers Limited (the “Company”) in relation to an initial public offering aggregating to ₹ 1,734 crore, listed on the Indian stock exchanges on 8 October 2018 at Rs. 758 per share.   Aavas mainly offers low-ticket, high-yield home loans to low-income rural and semi-urban… Read More +

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised in relation to acquisition of a minority stake in Gemini Edibles & Fats Pvt. India Ltd (“Company”) by Black River Food 2 Pte Limited through a combination of primary and secondary acquisition. Based in Hyderabad, the company is involved in the business of manufacturing and… Read More +

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised Faaso’s Food Services Private Limited (“Company”) in raising funding from new investors, including Evolvence and Sistema Asia Fund. A food-tech startup, the Company is engaged in the business of operating and managing quick service restaurants and food delivery services.   As the legal counsel, SAM… Read More +

Shardul Amarchand Mangaldas advises Goldman Sachs & Co LLC (”Goldman”) and student housing venture Good Host Spaces Private Limited (“Investee Company”) in relation to acquisition of 25.01% share capital by Housing Development Finance Corporation Limited (“Purchaser”) in the Investee Company (“Transaction”). In September 2017, Goldman had acquired 75% of the equity shares of the Investee… Read More +

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised SAIF Partners India VI Limited (“SAIF”) and Integrated Asset Management (Asia) Limited (“IAM”) in relation to an investment of approximately USD 12.8 million in Sunshine Teahouse Private Limited (“Target Company”). The Target Company is engaged in the business of operating chai cafes under the brand… Read More +