Capital Markets – Page 2 – Duane Morris and Selvam

December 10, 2023 by Duane Morris & Selvam

Duane Morris & Selvam Advises on Flair Writing Limited’s INR 5.93 Billion IPO

SINGAPORE, 11 December 2023 — Duane Morris & Selvam LLP acted as special international legal counsel to Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and Axis Capital Limited in their role as the book running lead managers for the recent INR 5.93 billion (US$71 million) initial public offering of equity shares in Flair Writing Limited, an Indian company that designs and manufactures writing instruments. The equity shares were listed on the BSE and the NSE. Continue reading “Duane Morris & Selvam Advises on Flair Writing Limited’s INR 5.93 Billion IPO”

December 6, 2023 by Duane Morris & Selvam

Duane Morris & Selvam Advises on Tata Technologies Limited’s INR 30.43 Billion IPO

SINGAPORE, 7 December 2023 — Duane Morris & Selvam LLP acted as the Singapore legal counsel to Tata Technologies Limited, which provides engineering and technology services to auto, aero and heavy machinery makers, on the INR 30.43 billion (US$366 million) initial public offering of equity shares in Tata Technologies Limited. The shares were listed on the BSE and the NSE.

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December 3, 2023 by Duane Morris & Selvam

Duane Morris & Selvam Advises the Book Running Lead Managers on Texmaco Rail and Engineering Limited’s INR 7,500 Million Qualified Institutions Placement of Equity Shares

SINGAPORE, 4 December 2023 — Duane Morris & Selvam LLP acted as the special international counsel to Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited), ICICI Securities Limited and Motilal Oswal Investment Advisors Limited in their capacity as the book running lead managers on Texmaco Rail and Engineering Limited’s INR 7,500 million (US$ 89.9 million) qualified institutions placement of equity shares.

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November 28, 2023November 28, 2023 by Duane Morris & Selvam

Duane Morris & Selvam Advises on ESAF Small Finance Bank’s INR 4.63 Billion IPO

SINGAPORE, 28 November 2023 — Duane Morris & Selvam LLP acted as the international legal counsel to ICICI Securities Limited, DAM Capital Limited and Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) in their capacity as the book-running lead managers on ESAF Small Finance Bank Limited’s recent INR 4.63 billion (US$56 million) IPO, which also included concurrent private placements outside India, including in the United States. The bank’s equity shares were listed on the BSE and NSE.

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October 22, 2023December 3, 2023 by Duane Morris & Selvam

Duane Morris & Selvam Advises Book Running Lead Managers in IDFC FIRST Bank’s INR 30 Billion (US$361 Million) Qualified Institutions Placement of Equity Shares

SINGAPORE, 23 October 2023 — Duane Morris & Selvam LLP acted as the international legal counsel to ICICI Securities Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited and Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) in their role as the book running lead managers for the qualified institutions placement of equity shares by IDFC FIRST Bank Limited, for an aggregate amount of INR 30 billion (US$361 million).

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April 24, 2023April 24, 2023 by Duane Morris & Selvam

Lawyers Beat the Bankers in the 10th Annual Charity Cricket Match in Mumbai

SINGAPORE, 25 April 2023 ― The 10th annual bankers vs. lawyers charity cricket match was held in Mumbai last month, with the lawyers winning by 22 runs. The lawyers scored 160 runs all out in their 20 overs and the bankers scored 133-8 off their 20 overs.

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April 19, 2023April 23, 2023 by Duane Morris & Selvam

Overview of our Capital Markets Practice for the Year ended March 31, 2023

Our capital markets practice in Singapore has had another good year in the year ended March 31, 2023. Thanks to our clients for their trust in us. Our deal highlights and awards and recognitions for the year ended March 31, 2023 are below.

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April 11, 2023April 11, 2023 by Duane Morris & Selvam

Duane Morris & Selvam Advises on Capri Global Capital Limited’s Sale of US$180 Million of Equity Shares in a Rights Issue

SINGAPORE, 11 April 2023 — Duane Morris & Selvam LLP acted as the international counsel to ICICI Securities Limited in its capacity as the lead manager on Capri Global Capital Limited’s recent sale of Rs. 14,400 million (US$180 million) of equity shares in a rights issue, including an offer to qualified institutional buyers in the United States. Capri Global Capital Limited is a nonbanking financial company (NBFC) in India that primarily caters to MSMEs, self-employed nonprofessionals and first-time borrowers that lack access to formal credit channels.

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