Deal Details:
- “Banker of Choice” having handled Highest Mid-size QIP deals* on the street
- With Yatharth Hospitals QIP, Nuvama continues its dominance in Healthcare Deals# – Successfully Closed 4 out of 7 Healthcare Deals since Jan’23
- Nuvama led the procurement by bringing in key & marquee cornerstone investors that built confidence in launching the deal – Achieving a Significant Share of ~85% in a 3-banker syndicate as well as garnered participation from Top 5 Investors, accounting for ~70% allocation
- Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ FIIs, Mutual Funds, Insurance Companies, Family Offices
- This is Nuvama’s 18th QIP in a span of 1 year^
Nuvama Contribution:
- Yatharth Hospitals successfully closed its maiden QIP within 18 months of its Listing that will aid the Company to raise capital for funding its acquisitionplans and repayment of debt
- The QIP received strong demand across investor categories with 77% of the book being allocated to LO investors
“Nuvama has played a pivotal role in the successful QIP of Yatharth Hospitals. We genuinely appreciate the team for handholding us through the entire process; right from getting the key anchor investor to building the overall deal momentum. Nuvama’s understanding of the investor appetite and overall market intelligence enabled us to launch the QIP amidst challenging markets and ensured that overall fundraise was done successfully.
They supported, guided & handheld us through all phases and we acknowledge their hustle and ability to go that extra mile for clients.”
– Yatharth Tyagi, Director
*Private Sector QIP deals between INR 250 to 1,000 crs considered since Jan’23
^Since Nov’23; #Includes QIP and IPO deals