Shardul Amarchand Mangaldas & Co. advises Axis Capital Limited, the lead manager to the qualified institutions placement (QIP) by AU Small Finance Bank Limited
March 23, 2021
Shardul Amarchand Mangaldas & Co. advised Axis Capital Limited, the lead manager to the qualified institutions placement (QIP) by AU Small Finance Bank Limited. The deal was valued at ₹ 625.50 crore and the date of closing was 15 March 2021.
This is the first qualified institutions placement successfully completed by a Small Finance Bank in India.
The transaction team was led by Prashant Gupta, National Practice Head; Sayantan Dutta, Partner; Trishita Dasgupta, Senior Associate; Maharghya Biswas, Associate; and Tripti Pandey, Associate.
AZB & Partners advised AU Small Finance Bank Limited on Indian legal aspects. Squire Patton Boggs (MEA) LLP advised Axis Capital Limited on international legal aspects.
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