Deal Street

April 15, 2019

Metropolis’ Blockbuster IPO draws in $173m with Khaitan, AZB, Luthra, CC, Sidleys


One of the rarest IPOs in the capital market this year is the investment in the initial public offering (IPO) of Pathology chain Metropolis Healthcare with a fund raising of Rs 1,204 crore. Khaitan & Co acted for the issuer, Metropolis Healthcare Limited, led by partner Abhimanyu Bhattacharya, partner Aditya George Cheriyan, principal associate Oishik Bagchi, and associates Aparna Bagree and Devarshi Mukhopadhyay. Kotak, Credit Suisse, Goldman Sachs, Jm Financial And Hdfc were led by AZB & Partners partner Varoon Chandra, partner Lionel D Almeida, and associates Avanti Kale, Aditi Verma and Tripti Pandey.

The book running lead managers were led by partner Manoj Bhargava, partner Ankit Kashyap, and associates Varun Jetly and Ravina Mahajan of Sidley Austin.

The Carlyle Group, which was the investor and selling shareholder, was advised by L&L Partners with a team consisting of partners Manan Lahoty and Manshoor Nazki, and associates Varun Baligaand Soumya Cheedi. Singapore-based partner of Clifford Chance Rahul Guptan was international counsel to the Carlyle Group.

Related Post

latest News

  • Award passed by Arbitral Tribunal can be interfered with only where the finding is perverse and/or against public policy: SC

    A Supreme Court bench of Justices Arun Mishra and M.R. Shah reiterated that the award passed by the Arbitral Tribunal can be interfered with in the pr...

    Read More
  • SFIO Investigation Reveals That Wife Of Former IL&FS Top Boss Had Private Business Deal With Defaulter Businessman

    The wife of former IL&FS head Ravi Parthasarathy probably had business dealings with C Sivasankaran in a private capacity, according to a Serious Frau...

    Read More
  • Securities Appellate Tribunal Gives Securities And Exchange Board Of India Two Months To Reply In NSE Colocation Case

    The Securities and Exchange Board of India (SEBI) has been given two months by the Securities Appellate Tribunal (SAT) to reply to a plea filed by the...

    Read More