Rs. 37,500 Mn
Primary Product:
ECM
Secondary Product:
IPO
Date:
Mar 2021
Primary Product
ECM
Secondary Product
IPO
Date
Mar 2021
Primary Product
ECM
Secondary Product
IPO
Date
Mar 2021
Axis Capital successfully led the third consecutive and the largest capital market offering by the Godrej Group. The transaction was launched in an extremely volatile equity capital market environment, with the deal priced at INR 1,450 per share, at 0.9% discount to the previous close.
Witnessing strong participation from marquee foreign and domestic investors despite the stock trading near an all-time high; 84% of the anchor book was subscribed by long-only investors
Axis Capital was instrumental in converting some of the key investors by conducting focused marketing with large & marquee clients. With this deal Axis Capital continues to lead the QIP charts having completed 14 QIPs in FY21 YTD – Highest by any Investment Bank.
Additionally, Axis Capital positioned Godrej Properties Limited (GPL) as a formidable player in the real estate space, while highlighting:
- India’s largest publicly listed developer by booking value over the past five years
- Strong project portfolio of over 186 million sq. ft. of saleable area across India
- Superior sales and execution capabilities – Successfully delivered ~21 million sq. ft. of real estate in the past five years.
- Emphasized GPL’s leadership position and it being a beneficiary of the industry consolidation underway
- Proven end-to-end execution capabilities with innovation and ability to deliver projects at competitive cost and in time
- While the industry was grappling with disruptions, GPL reported strong volumes and
aggressively added projects
Transactions
Rs. 25,000 Mn
Primary Product:
ECM
Secondary Product:
IPO
Date:
Apr 21
Rs. 2,000 Mn
Primary Product:
ECM
Secondary Product:
QIP, PIPE
Date:
Dec 2021
Rs. 4,600 Mn
Primary Product:
ECM
Secondary Product:
InvIT Private Placement
Date:
Sep 2021
Rs. 12,840 Mn
Primary Product:
ECM
Secondary Product:
Rights Issue / Advisory / QIP
Date:
Apr 2021
Rs. 50,000 Mn
Primary Product:
ECM
Secondary Product:
IPO
Date:
Aug 2021
6350 million
Primary Product:
ECM
Secondary Product:
IPO
Date:
November 2022
7,500 million
Primary Product:
ECM
Secondary Product:
InvIT Private Placement
Date:
November 2022
6,190 million
Primary Product:
ECM
Secondary Product:
IPO
Date:
November 2021
5,000 million
Primary Product:
ECM
Secondary Product:
QIP
Date:
June 2021
9,090 million
Primary Product:
ECM
Secondary Product:
IPO
Date:
June 2021
20,000 million
Primary Product:
PE
Secondary Product:
QIP
Date:
June 2021
77,350 million
Primary Product:
ECM
Secondary Product:
M&A, InvIT Private Placement
Date:
April 2021
25,000 million
Primary Product:
ECM
Secondary Product:
IPO
Date:
April 2021
8,240 million
Primary Product:
ECM
Secondary Product:
IPO
Date:
March 2021
37,500 million
Primary Product:
ECM
Secondary Product:
QIP
Date:
March 2021