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  • Connect
Oct 11, 2024

LeapFrog Financial Inclusion India (II) Limited and other companies on the successful initial public offering by Northern Arc Capital Limited.

AZB & Partners recently advised the investor selling shareholders, LeapFrog Financial Inclusion India (II) Limited, Accion Africa-Asia Investment Company, Eight Roads Investments Mauritius II Limited (formerly known as FIL Capital Investments (Mauritius) II Limited), and 360 One Special Opportunities Fund (formerly known as IIFL Special Opportunities Fund), on the successful initial public offering by Northern Arc Capital Limited, comprising a fresh issuance and an offer for sale of equity shares, for an amount aggregating to INR 7,770 million.

The book running lead managers to the IPO were ICICI Securities Limited, Axis Capital Limited and Citigroup Global Markets India Private Limited.

The AZB team comprised our Senior Partners, Varoon Chandra and Lionel D’Almeida; our Senior Associate, Bharat Mordani; and our Associates, Arika Gupta and Yagnesh Sharma.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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