More deals than you can shake a stick at in our handy round-up of deals activity, with dozens of firms keeping busy.

Private equity

Private equity (PE) fund L Capital Asia’s subsidiary L Capital Eco funded Rs 108 crore for leading Indian multiplex business PVR Cinemas cinema exhibition and in-mall entertainment, gaming and food businesses L Capital: AZB & Partners Delhi partner Vinati Kastia, senior associates Bharat Bahadur, Ritika Rathi and Satyajit Gupta and associate Shiladitya Banerjee PVR: J Sagar Associates (JSA) founding partner Jyoti Sagar and Gurgaon partners Sidharrth Shanker and Manisha Kumar, senior associate Pallavi Puri and associate Vatsal Gaur

India-focused SME investing PE Fund Pragati India Fund co-funded Bihar-based NBFC Saija Finance, with microlending institution Accion International Pragati India Fund: HSA Advocates partner, Navin Syiem, partner designate Harsh Arora and associates Shraddha Malhotra and Rohan Dang Accion International: US law firm Orrick, Herrington & Sutcliffe LLP

Capital markets

State Bank of India (SBI) London issued India’s first public sector bank US dollar bond worth $1.25bn in 4.125 per cent notes due in 2017. Barclays Bank, Citigroup Global Markets, Deutsche Bank AG, JP Morgan Securities, Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS AG acted as Joint lead Managers (LMs) and Book Runners (BRs) SBI: Amarchand Mangaldas Mumbai partner Niloufer Lam, and Allen & Overy LMs and BRs: J Sagar Associates partner Dina Wadia, senior associate Uttara Kolhatkar and associate Saketa Musinipally, and Linklaters

ITNL and its Singapore-incorporated subsidiary IOPL issued local currency Renminbi bonds in Hong Kong, guaranteed by Export Import Bank of India (EXIM) and therefore rated BBB- by Fitch.

ITNL & IOPL: Amarchand Mangaldas partner Niloufer Lam and Wong Partnership partner Colin Ong as to Singaporean law Lead managers and trustee (Deutsche Bank, RBS and UBS): Talwar Thakore & Associates partner Sonali Mahapatra and Linklaters Hong Kong partner Jeremy Webb and associate Jonathan Horan EXIM Bank: Dave & Girish & Co partner Girish Dave

Private sector port Gujarat Pipavav Port raised Rs 200 crore through qualified institutional placement, and a further Rs 150 crore through preferential allotment of shares to its promoter APM Terminals Mauritius. Kotak Mahindra Capital Company Limited and IDFC Capital Limited acted as the book running lead managers (BRLM) Gujarat Pipavav Port: Amarchand Mangaldas Mumbai partner Yash Ashar BRLM: Luthra & Luthra partner Manan Lahoty, senior associate Ravi Dubey and associates Pracheta Bhattacharya and Aditi Venkatasubramanian, and international law firm Dorsey & Whitney LLP

Sole listed Indian microfinance entity SKS Microfinance raised Rs 230 crore through qualified institutional placement, followed by raising Rs 35 crore through preferential allotment of shares. Credit Suisse Securities (India) Private Limited and Yes Bank Limited were the Joint Global Coordinators and Book Runners SKS Microfinance: Amarchand Mangaldas Hyderabad partner Anshuman Jaiswal Book runners: S&R Associates and Linklaters Singapore

Litigation

Consumer electronics manufacturer Whirlpool won a stay in the Bombay high court on competitor Videocon’s sale of washing machines, infringing Whirlpool’s design copyright [Mint] Whirlpool: Krishna & Saurastri Associates advocate and associate attorney Rahul Dhote Videocon: Ram & Co

Indian music company Saregama won an injunction in the Calcutta high court against filming of a copyright infringing song in a South Indian movie Muruttukkalai, in a suit filed for injunction against release and distribution of the movie Saregama: Khaitan & Co partner Padam Khaitan

Corporate/M&A and joint ventures

Goa-based water-vehicle maker and repairer Dempo Shipbuilding & Engineering (Dempo) bought 74 per cent equity in ship-builder Modest Infrastructure (MIL) Dempo: J Sagar Associates (JSA) partner Abeezar Faizullabhoy, senior associate Devang Mehta and associate Fatema Dalal MIL: Fortitude Law Associates (established in April 2012) Mumbai-based partner Rahul Mahajan, senior lawyer Vikrant Negi and senior associate Vinay Bhutani

French foods company Danone bought pharma company Wockhardt’s nutrition business for Rs 1600 crore Danone: Platinum Partners and Freshfields Wockhardt: Amarchand Mangaldas Mumbai-based managing partner Cyril Shroff and partners Ashish Jejurkar and Jaya Singhania

French development financial institution Proparco bought 20 per cent equity in the African arm of pharma company Strides Arcolab for $12.5m Proparco: J Sagar Associates (JSA) partners Aashit Shah and Anish Mashruwala, with associate Utsav Johri, UK law firm Field Fisher Waterhouse, and Cypriot law firm Michael Kyprianou & Co LLC Strides Arcolab: DSK Legal

Global management consultancy firm Solving Efeso bought Gurgaon-based training and consulting organisation Q-spread Solving Efeso: J Sagar Associates (JSA) partner Manvinder Singh and associate Dishi Garg Q-spread: Singhania & Partners

Indian VC fund Ambit Pragma Fund II bought 74 per cent equity in frozen foods business Mehta Frozen Foods Carrier Ambit Pragma Fund II: Economic Laws Practice Mehta Frozen Foods Carrier: J Sagar Associates (JSA) partner Abeezar Faizullabhoy, senior associate Devang Mehta and associate Fatema Dalal

Leading Indian, US and UK travel services provider Yatra Online acquired DV Travels Guru and Desiya Online Travel Distribution from leading global online travel service provider Travelocity Yatra Online: AZB & Partners Travelocity: J Sagar Associates (JSA) partners Abeezar Faizullabhoy, Shiraj Salelkar, Sunil Jain and Ashok Dhingra , senior Associates Devang Mehta and Smita Singh, and associates Fatema Dalal and Puneet Bhardwaj

US-based snowmobile maker Polaris Industries bought 50 per cent stake in its joint venture with heavy vehicle maker Eicher Motors for Rs 250 crore Polaris Industries: J Sagar Associates (JSA) partner Shivpriya Nanda and senior associate Sujoy Bhatia Eicher Motors: PRA Law Offices

German healthcare company Fresenius bought blood-transfusion technology company Fenwal Holdings Fresenius: Amarchand Mangaldas partner Akila Agrawal, senior associate Sourav Kanti De Biswas, and associates Mukul Sharma and Megha Bhargava, and Mayer Brown LLP, Hyman, Phelps & McNamara, Biaggi & Messina and McConnell Valdes LLC Fenwal Holdings: Ropes & Gray

Financial institutions GAWA Microfinance Fund I, India Financial Inclusion Fund, CVCI, Enam Shares & Securities Limited and Tree Line Asia Master Fund bought equity in microfinance institution Janalakshmi Financial Services for Rs 80 crore Tree Line, Enam, Janalakshmi: AZB & Partners partner Srinath Dasari GAWA, CVCI, India Financial Inclusion Fund: Wadia Ghandy

Leading global tax accounting and audit information services and software provider Wolters Kluwer bought leading global online accounting software provider Acclipse, and subsequently Acclipse’s Indian arm Wolters: Khaitan & Co partner Aakash Choubey, and Kiwi law firm Buddle Findlay Acclipse: New Zealand law firm Parry Field Lawyers

Project Finance

State Bank of Patiala led a consortium of 13 banks in financing Rs 1760 crore to colour-coated steel producer Asian Colour Coated Ispat Limited (ACCIL) State Bank of Patiala & others: Khaitan, Sud & Partners principal associate Sujeet Das and senior associate Priyadarshi Debashis Satapathy

State Bank of India (SBI) led a consortium of six banks in financing Rs 1500 crore to public sector hydroelectric project THDC India SBI & others: Khaitan, Sud & Partners partner Tanuj Sud and senior associate Priyadarshi Debashis Satapathy THDC India: Supreme Court advocate Punit Taneja

Banking and finance

Bank of Baroda lent $25m to Gujarat NRE Coking Coal Limited (GNCCL) Bank of Baroda: Majmudar & Partners partner Akil Hirani GNCCL: In-house

Axis Bank loaned $200m to Electrosteel Castings Axis Bank: Khaitan & Co partner Devidas Banerjee, and Norton Rose

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