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Capital SFB in talks to appoint advisors for Rs.700-Cr IPO: report

Mint Print Edition  

Capital Small FInance Bank (SFB) is preparing for an INR 450-700 crore (USD 60-94 million) IPO. Capital SFB is said to be close to hiring Edelweiss and Axis Capital to manage the iPO, and may hire one more banker. Cyril Amarchand Mangaldas and J Sagar Associates are expected to be roped in as legal counsel.

From the Venture Intelligence PE-VC Deal Database: Between Mar-17 and Jul-19 Capital SFB raised over $23-M from Narotam Sekhsaria Family Office, Amicus Capital, Oman India Joint Investment Fund and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)