S&R, CAM act on $118m Prestige Estates QIP

S&R Associates represented ICICI Securities Limited, the , in the INR 4.6 billion qualified institutions placement of equity shares by Prestige Estates Projects Limited, a leading real estate developer in India, according to reports.

Prestige Estates, the leading real-estates development company in India, informed [in February 2020] that they have raised Rs 900 crore through Qualified Institutional Placement (QIP).

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S&R Associates advised book running lead manager ICICI Securities Limited led by a team of partner Jabarati Chandra, and associates Oishika Dasgupta, Mohnish Mathew and Shinjan Alok.

Update 11 April 2020: Cyril Amarchand Mangaldas advised Prestige Estates Projects Limited led by a team including partner Vijay Parthasarathi, principal associate Vinay Sirohia and associate Akshay Singh Ralhi.

2020-02-05

Deal value: INR 4.6 billion

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