AZB & Partners recently acted for the underwriters on Tata Capital’s IPO which aggregated to approx. INR 115.12 billion.
The IPO was undertaken by way of a fresh issue of equity shares by Tata Capital and an offer for sale of equity shares by Tata Sons and International Finance Corporation.
The underwriters to the IPO were Kotak Mahindra Capital Company Limited, Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), J.P. Morgan India Private Limited, SBI Capital Markets Limited, Kotak Securities Limited, HDFC Securities Limited, Investec Capital Services (India) Private Limited and SBI CAP Securities Limited.
The deal team comprised our Senior Partners, Varoon Chandra & Lionel D’Almeida; our Partner, Sweta Ananthanarayanan; our Senior Associate, Anusha Mehta; our Associates, Tanaiy Tewari, Damini Mathur, Yagnesh Sharma, Vaibhav Kumar Shah, Lavanya Jha and Chitransh Bhansali; and our Paralegal, Khushi Gada.