Deal Details & Contribution

• Largest QIP in the Railway Manufacturing Space till date*
• QIP helped Company in achieving various objectives of raising growth capital for funding Company’s CAPEX plans & Working capital requirements as well as Repay Borrowings
• Spearheaded demand mobilization
  • Offering received an overwhelming response from investors
  • ~75% of the book was allocated to ‘Long Only’ Investors
• As the left-lead and post issue banker, hand-held the Company with end-to-end execution, swift regulatory approvals, thereby ensuring timely launch and closure
• Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ FIIs, Mutual Fund and Family Offices
• Procured 36% of QIP demand in terms of amount in a 3-bank syndicate

Client Testimonial

“Let me take the opportunity to thank the entire Team of Nuvama, who have burnt their mid night oil and put in really a superb effort to make Project Sambhav, really Sambhav. We really appreciate the professionalism shown by your team during the entire fund-raising process. You steered the QIP process on both regulatory as well as marketing front. You were pivotal in leading the discussion with key Domestic Anchor Investors that gave us the confidence to launch the deal. We appreciate your role in making the QIP a huge success”