17 września 2024
Linklaters advises on the IPO of Bajaj Housing Finance, the largest IPO in India this year
Linklaters advised a syndicate of seven book running lead managers on the US$781m initial public offering (IPO) of Bajaj Housing Finance – the largest IPO in India this year, with subscriptions amounting to US$38.6bn.
A subsidiary of Bajaj Finance Limited, one of the most diversified non-banking financial companies (NBFCs) in the Indian market, Bajaj Housing Finance Limited offers mortgage loans to individuals as well as corporate entities for the purchase and renovation of homes or commercial spaces. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes.
The Linklaters team was led by Partner and Head of India Practice Amit Singh, with support from counsel Joseph Wolpin, managing associate Anandee Banerji and associate Rushil Oberoi.
A subsidiary of Bajaj Finance Limited, one of the most diversified non-banking financial companies (NBFCs) in the Indian market, Bajaj Housing Finance Limited offers mortgage loans to individuals as well as corporate entities for the purchase and renovation of homes or commercial spaces. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes.
Linklaters’ Partner and Head of India Practice Amit Singh commented:
“We are delighted to have advised on this blockbuster IPO. The Indian equities market has recently seen some high-profile listings, reflecting strong demand from domestic and international investors, and we are grateful to our clients for their continued trust and support. Many congratulations to all involved!”
Linklaters has an established reputation as one of the leading Indian capital markets practice. With one of the largest teams of any firms focused on the India market, the firm has advised on several high-profile equity offerings across diverse sectors, including the recent Premier Energies IPO, Ola Electric Mobility IPO and Brainbees Solutions IPO.
