India:
Deal Report | Lodha QIP
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Macrotech Developers ("Lodha") completed its third
Qualified Institutional Placement of the equity shares since its
listing in 2021.
Our firm advised Jefferies India Private Limited, Kotak
Mahindra Capital Company Limited and BofA Securities India Limited
("Book Running Lead Managers"), the placement
agents, in relation to QIP1
Deal value: INR 32,818 million / over USD 400
million (approx.)
INDUSLAW team: Manan Lahoty (Partner), Ravi
Dubey (Partner), Priyadarshini Rao (Partner), Radhika Pandey
(Senior Associate), Khushi Maheshwari (Associate), Sakshi Sharma
(Associate), Anomitra Debnath (Associate), Divyanshu Singh
(Associate) and Neha Sharma (Associate)
Other law firms involved:
Cyril Amarchand Mangaldas – Legal counsel to the Lodha
Sidley Austin - Legal counsel to the Book Running Lead Managers
as to United States federal securities law.
Footnote
1 https://economictimes.indiatimes.com/markets/stocks/news/lodha-raises-400-million-qip-from-investors-including-invesco-oppenheimer
blackrock-apg/articleshow/108305707.cms?from=mdr
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