Deal Details

• Sky Gold successfully closed its maiden QIP that will aid the Company to raise growth capital and to facilitate entry of select marquee institutional investors in the Company
• Deal was strategically launched at an attractive Price with discount of 14.50%^{^} to closing Price on launch day
• This is our second deal in the Jewellery space in last 1 month

Contribution

• “Banker of Choice” having handled Highest Mid-size QIP deals* on the street
• With Sky Gold’s QIP, Nuvama continues its dominance in taking Consumer Stories to the Indian capital markets and remains a “Banker of Choice” for Consumer Deals
• Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ FII, Mutual Funds, Insurance Companies and Multi-Strategy Funds
• As the Sole BRLM, Nuvama handheld the management through the entire QIP process, providing strategic guidance and regulatory support
  

^{^} Issue Price/NSE Closing price on Oct 15, 2024
*QIP deals between INR 250 to 750 crs considered since January’ 1