Shardul Amarchand Mangaldas has advised PNB Housing Finance, India’s largest mortgage lender on its $450 million IPO, with Cyril Amarchand Mangaldas and Ashurst advising the banks.

The IPO was India's second-largest this year. The company is owned by Punjab National Bank and private equity firm Carlyle Group.

The Ashurst team advising Bank of America Merrill Lynch, JM Financial, J.P. Morgan, Kotak and Morgan Stanley was led by corporate partner Stuart Rubin and included tax partner David Nirenberg.

 

Related Articles

Appointments

SAM hires white-collar specialist in Delhi

by Nimitt Dixit |

Shardul Amarchand Mangaldas & Co has added investigations expert Rohit Dhingra as a partner in its white-collar crime practice in Delhi. Dhingra was previously a managing director in the risk advisory and investigation practice at FTI Consulting.

Deals

SAM, CAM, Latham act on Ather Energy’s upcoming $536 mln IPO

by Nimitt Dixit |

Shardul Amarchand Mangaldas & Co is advising Indian electric two-wheeler maker Ather Energy on its upcoming $536.2 million initial public offering (45 billion rupees), as more emerging companies than ever before turn to India’s red-hot stock market to raise funds.

Deals

SAM, Trilegal, Touchstone, Links act on $336 mln Premier Energies IPO

by Nimitt Dixit |

India’s Shardul Amarchand Mangaldas has continued its strong IPO performance this year, advising Premier Energies on its $336 million listing. Trilegal and Linklaters represented the book-running lead managers, while Touchstone Partners acted for the selling shareholders in the offer for sale (OFS).