Nuvama served as the left-lead and post-issue banker in the QIP for Texmaco Rail & Engineering Ltd.

Nuvama Wealth Management Limited acted as left-lead and post-issue banker to Texmaco Rail & Engineering Ltd., a major Indian manufacturer of railway wagons, coaches, and locomotives, as well as providing related services in its QIP. Secured participation from FIIs, Insurance companies, and Family Offices. The offering was oversubscribed with ~73% allocation to ‘Long Only’ investors.

Advised in the sale of

Texmaco Rail & Engineering Ltd.

to

Qualified investors

Infrastructure and Real-Estate

MidCap Alliance