Cyril Amarchand Mangaldas advised Mobikwik (One Mobikwik Systems Limited) in their IPO as their legal counsel . The IPO was oversubscribed by 125 times with qualified institutional buyers’ portion and retail portion being oversubscribed by 126 times and 142 times, respectively . The IPO size was of Rs. 572 crores.
The book running lead managers to the Offer were SBI Capital Markets Limited and DAM Capital Advisors Limited. The transaction team comprised of Manan Lahoty (Partner & Head - Capital Markets), Abhiroop Lahiri (Partner), and Puneet Passi (Partner), with the support from Medhashree Verma (Associate), Ritvik Maheshwari (Associate), Kanika Bhakhna (Associate) and Rukman Banka (Associate). Mobikwik listed on NSE and BSE on 18th December, 2024.
About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (cam) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. The Firm is one of the largest full-service law firm in India and offices in key business centers at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.
The Firm received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive years in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.
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