by Vora Corporate Finance | Oct 26, 2024 | Insights, Private Equity & IPO
There were 08 main board IPOs in August 2024 of Akums Drugs and Pharmaceuticals Limited, Ceigall India Limited, Ola Electric Mobility Limited, Unicommerce E-Solutions Limited, Brainbees Solutions Limited, Saraswati Saree Depot Limited, Interarch Building Prodcuts...
by Vora Corporate Finance | Oct 26, 2024 | Insights
The BSE Sensex closed at 82,366 up by 0.76% and the Nifty 50 closed at 25,235 up by 1.14% in August 2024. From a sector perspective, leading gainers were Healthcare (+6.56%), Teck (+4.58%), Consumer Durables (+4.37%), and IT (+4.27%) while Utilities (-3.79%), Realty...
by Vora Corporate Finance | Oct 26, 2024 | Insights
On 18th September, the US Federal Reserve lowered its benchmark interest rate for the first time in more than 4 years, with a bigger than usual cut. The key lending rate was reduced by 50 bps to the range of 4.75% and 5% marking the end of monetary tightening cycle....
by Vora Corporate Finance | Oct 26, 2024 | Insights, Private Equity & IPO
Transaction: Global Investment firm KKR announced to acquire controlling stake of 70% stake in Birth Memorial Hospital. As per Media reports, KKR invested Rs. 2000 to Rs. 2500 Crore, valuing the hospital chain at Rs. 2500 to Rs. 3000 Crores. KKR made the investment...
by Vora Corporate Finance | Oct 26, 2024 | Insights, Merger & Acquisitions
Transaction: Mankind Pharma Limited is to acquire 100% stake in Bharat Serums and Vaccines Limited (BSV) from PE fund Advent International for an EV of Rs. 13,630 Crores. The transaction was done at EV/Ebitda multiple of around 22x to 23x. The deal will be through...
