Deal Details

• QIP for one of India’s oldest and leading express logistics’ companies
• First QIP in logistics space in Calendar Year 2024

Contribution

• Spearheaded demand mobilization with ~80% of QIP demand in terms of amount and ~75% in terms of no. of investors in a 2 bank syndicate

• As the left lead manager, hand-held the Company with end to end execution, helping navigate complexities, and enabling swift regulatory approvals for timely launch
• This was Nuvama’ second transaction in the logistics space post TVS Supply Chain IPO in the last one year

About

Allcargo Gati Limited, formerly Gati Limited, is an India-based company primarily engaged in the business of providing logistics solutions to clients including express distribution which includes surface distribution and air freight and supply chain management solutions. They have a pan-India network operations covering 99% of districts and government approved pin codes. Company is part of the Allcargo group of companies which is a logistics conglomerate providing services like less than container load consolidation, full container load, air freight, contract logistics, container freight stations, inland container depots and logistics parks.