Cyril Amarchand Mangaldas (CAM) has advised India’s CarTrade Tech on its 30-billion-rupee ($411 million) IPO, with IndusLaw and Sidley Austin representing the book-runners and lead managers. AZB & Partners counselled the selling shareholders.
Founded in 2009, CarTrade, an Indian online auto classifieds platform, is backed by marquee investors such as Warburg Pincus, Temasek, JPMorgan, and March Capital.
The CAM team was led by Yash Ashar and Vijay Parthasarathi.
Cyril Amarchand Mangaldas has advised Indian home-loan financier Bajaj Housing Finance (BHF) and its promoter Bajaj Finance on BHF’s $782 million initial public offering, with Khaitan & Co and Linklaters representing the book-running lead managers to the offer.
Rohan Ghosh Roy, a former Trilegal partner who helped build the firm’s technology and private equity clientele, is joining Cyril Amarchand Mangaldas as equity partner in Mumbai, following a two-year career break.
Cyril Amarchand Mangaldas has advised real estate developer Prestige Estates Projects on its $595 million qualified institutional placement of shares. Trilegal and White & Case advised the lead managers on the deal.