Nuvama Wealth Management Limited acted as Book Running Lead Manager (BRLM) to Zaggel Prepaid Ocean Services Limited in its Qualified Institutional Placement (QIP) and successfully closed a transaction of INR 5,950 mn (EUR 67 mn). Nuvama secured ~48% share in a 3-banker syndicate as well as garnered participation from 2 out of Top 3 Investors in the book. Overall, participation was garneredfrom a diverse investor set including Marquee ‘Long Only’ DIIs & FIIs, Mutual Funds, Insurance Companies and Multi Strategy Funds.
Advised in the sale of
Zaggle Prepaid Ocean Services Limited
to