KEI Industries Limited

Qualified Institutional Placement

Service

December 2024

Date

Capital Goods

Sector

INR 20,000 MN

Deal Value

KEI Industries Limited

Nuvama Contribution

  • Nuvama led the procurement by bringing in key & marquee cornerstone investors that built confidence in launching the deal – Achieving a Significant Share of 62% in a 2 banker syndicate as well as Top 2 Anchor Investors, accounting for 35% allocation
  • Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ FIIs, Mutual Funds, Insurance Companies, Family Offices – with entire Book allocated to long only accounts
  • As the Left-Lead Banker, Nuvama provided end to end hand-holding to the Company and Launched the deal in a Record Time of ~5 weeks
  • Nuvama leveraged its Strong understanding of the space & the KEI opportunity with Multiple Investor Interactions to position KEI as a Proxy to India’s Capex & Infra cycle
  • Nuvama has successfully closed its 4th Deal* in Cables & Wires space, and 2nd fundraise for KEI both as Left Lead, making us the “Banker of Choice” in the ecosystem
  • This is Nuvama’s 17th QIP in a span of 14 months


“Nuvama has been our Banker of Choice. They led the procurement of marquee institutional investors and gave us confidence to launch the deal in record time. They supported, guided & handheld us through all phases be it documentation as our left lead banker or marketing efforts.
We recommend Nuvama’s hustle across levels, and their ability to go that extra mile which we would recommend to all corporate clients”

– Anil Gupta, CMD and Rajeev Gupta, ED & CFO

*Since April 2019