Realty major Macrotech Developers, which recently raised Rs 2,500 crore through a public issue, on … said it will list its shares on stock exchanges on April 19. The Mumbai-based company launched its initial public offer (IPO) on April 7 to raise Rs 2,500 crore through fresh issue of shares. The iss...

Food delivery company Zomato Media Pvt. Ltd has completed a staggered fundraise that added $660 million (Rs 4,851 crore) to its coffers at a post money valuation of $3.9 billion, its co-founder and chief executive Deepinder Goyal, tweeted… — VCCircle IndusLaw advised Zomato Private Limited led by a ...

The rights issue of Mahindra & Mahindra Financial Services (Mahindra Finance) has been subscribed nearly 1.3 times. The issue saw a demand for over Rs 4,000 crore worth of shares against its offer size of Rs 3,088.82 crore. — Moneycontrol Khaitan & Co advised Mahindra & Mahindra Finan...

Whoever said we are looking at a mammoth recession and slower capital markets? Not the legal advisers close to Reliance Industries… After now four gigantic rounds of fundraising for its subsidiary Jio Platforms, Reliance Industries (RIL) is issuing Rs 53,125 crores of equity in what is billed as Ind...

“Vodafone Idea Ltd, India’s largest telecommunications company by subscribers, is selling $3.6 billion worth of shares in a rights issue at a discount of about 60 percent, which will more than triple its outstanding shares,” reported Reuters . S&R Associates advised the issuer, Vodafone Idea Li...

“In what would seem to be Mastercard’s plan B in the recent tug of war with Visa over the acquisition of Earthport, the company announced that it will acquire Transfast, a New York based mature fintech that specializes in cross border remittances. The article is posted on Zachs and does not disclose...

J Sagar Associates (JSA) has hired Rishabh Gupta as a retained partner in its private equity, corporate and securities practices.

Pathology chain Metropolis Healthcare’s initial public offering (IPO) has seen major investor interest, raising Rs 1,204 crore, reported Mint and others. It is one of the few IPOs this year, in what has been a muted time for IPOs in the Indian capital markets. Khaitan & Co acted for the issuer,...

NLSIU Bangalore 2004 alumnus Ankit Kashyap was promoted to partner at Sidley Austin Singapore, in its latest round of 30 partner promotions.

In otherwise quiet pharma capital markets, leading pharmaceutical company, Natco Pharma has raised Rs 915 crores (approximately $142.5 million) through the issue of securities to qualified institutional investors, as reported by MoneyControl and The Economic Times . The board of directors earlier at...

Nettle Infrastructure Investment, a wholly owned subsidiary of Bharti Airtel Limited has sold a stake of 4.49% in mobile masts operator Bharti Infratel for an estimated Rs 3,289 crores (approximately USD 510 million) through block deals in the open market, as reported by Mint and The Economic Times ...

“The Rs 1,001 crore initial public offer has received good response from investors, with the issue getting oversubscribed 2.28 times. It was the first IPO by a power exchange in the country.”, reported Moneycontrol. IEX is India’s premier power trading platform and provides an automated platform for physical delivery of electricity, enables efficient price discovery and offers participants the opportunity to trade in a variety of energy products. The issue opened for subscription during October 9-11, with a price band of Rs 1,645-1,650 per share and debuted on the bourses on October 23rd.

“The Rs 1,157-crore initial public offer (IPO) of Godrej Agrovet (GAVL) was subscribed 51.84 times times on the final day of bidding process”, reported The Economic Times. GAVL is a diversified, research & development focused agri-business company with operations across five business verticals of animal feed, crop protection, oil palm, dairy, and poultry and processed foods. The initial public offering opened for subscription on October 4th and closed on October 6th, with a price band of Rs 450-460 per share.

“The initial public offer (IPO) of Eris Lifesciences was subscribed 3.27 times on the last day of the public offer and book running lead managers to the offer are Axis Capital, Citigroup Global Markets India and Credit Suisse Securities (India),” reported Economic Times.

Platinum Partners Mumbai partner Gautam Bhat with associate Abhik Ghosh and associate Ushma Marwah, and Sidley Austin led by partner Manoj Bhargava, of counsel Vivek Baid, and associate Rishabh Gupta, advised Essar on the sale of its BPO subsidiary Aegis to Capital Square partners.

“India has a new tech unicorn. Hike, a four-year-old messaging app, today announced that it has closed $175 million in funding led by new investors Chinese internet giant Tencent and manufacturing firm Foxconn. The Series D round values the company at $1.4 billion, founder and CEO Kavin Bharti Mittal confirmed to TechCrunch,” reported Techcrunch.

Khaitan & Co advised computer security software company Quick Heal Technologies on its $38.5m (Rs 250 crore) Initial Public Offering of fresh issue of equity shares and and an offer for sale of 6,814,736 equity shares by existing shareholders, consisting of Kailash Sahebrao Katkar, Sanjay Saheb...

Ten foreign law firms will now be allowed to practice local law in Singapore, after the country’s law ministry approved four new Qualified Foreign Law Practice (QFLP) licences out of 23 total applicants.