Mergers & Acquisitions
Bain, TPG, Sanjeev To Exit Lilliput Kidswear
Bain Capital, TPG and Sanjeev Narula are exiting Lilliput Kidswear Ltd. These shareholders have asked their advisors to initiate the slump sale of the business.
I.P.O. / Offerings
Altret Biotech Files For R27Cr IPO
Gujarat based Altret Biotech Limited has filed DRHP with SEBI to raise R27Cr through an IPO.
Venture Capital
SM Windsol Raises First Round of Funding From First Light
Mumbai based SM Windsol India Private Limited has raised first round of funding of R50 Lakh from First Light India Accelerator.
Mergers & Acquisitions
Agre Developers Sells Gupta Infrastructure Stake
Agre Properties & Services Limited, subsidiary of Agre Developers Limited has sold its 20% stake in Gupta Infrastructure (India) Private Limited for R29.87Cr. The name of the buyer was not disclosed.
DealForwards
West India Based Trucking Firm Looking For Strategic Partner
A five decade old West India based trucking company is looking for strategic investor to buy a majority stake in the firm.
I.P.O. / Offerings
MCX Raises $19.4Mn In Pre IPO Share Sale From Anchor Investors
Multi Commodity Exchange, who received SEBI's approval for IPO last year has raised $19.4Mn from anchor investors in pre IPO share sale.
DEBT
Xander Group Invests R70Cr in Ajmera Group's Times Square Project
Xander Group has invested R70Cr in Ajmera Group's office and retail project Times Square in Mumbai's Andheri East through it's NBFC Xander Finance.
Private Equity
IL&FS May Buyout Hershey's Stake In JV
IL&FS Invesment Managers Limited is planning to buy Hershey's 51% stake in JV - Godrej Hershey Limited, following management differences in operating the entity.
Private Equity
Red Fort Invests R150Cr In 3C Developer's Gurgaon Project
Red Fort Capital has invested R150Cr in 3C Company's premium residential project in Gurgaon. 3C Company is developing a residential project with apartments priced between R50lakh to R1.5Cr on a 47.5 acre site in Gurgaon.
DEBT
Warburg Pincus Funded Moser Baer To Restructure Debt
Warburg Pincus backed Moser Baer India has approached bankers to restructure it's payment obligations and align it's secured liabilities with its business growth and cash flows.

Editorial
India A Bright Spot For Otherwise Insolvent CalPERS
I heard that Calfornia Pension is going to default and I started wondering what could be India's contribution to that.
















