Firm Matters
BackKhaitan & Co acted as the Legal counsel to the book running lead managers as to Indian law in connection with the initial public offering of equity shares of Manipal Health Enterprises Limited of Rs 9,275 crores, comprising of a fresh issue of Rs 8,000 crores and an offer for sale by certain existing shareholders of Rs 1,275 crores.
This is the largest IPO by a healthcare company in India. Selling shareholders include major private equity players such as Temasek, TPG, Mubadala, Brunei Investment Agency and Novo Holdings Invest Asia A/S.
Book running lead managers are Kotak Mahindra Capital Company Ltd, Axis Capital Ltd, Goldman Sachs (India) Securities Pvt Ltd, Jefferies India Pvt Ltd, J.P. Morgan India Pvt Ltd, UBS Securities India Pvt Limited and DBS Bank India Ltd.
Deal Team
The core team consisted of Abhimanyu Bhattacharya (Partner), Aditya Cheriyan (Partner), Chirayu Chandani (Partner), Suman Prabhu (Partner), Tishita Mukherjee (Principal Associate), Hrithik Khurana (Senior Associate), Vanshika Chaudhry (Senior Associate), Pooja Agarwal (Senior Associate), Mainak Pal (Senior Associate), Dipsa Prasanth (Associate), Kaushlendra Palawat (Associate), Dharini Shanker (Associate), Mainak Pani (Associate), Aayushi Poddar (Associate), Subah Sudhir Hindaria (Associate) and Diya Amit Parikh (Associate).
