Krishna Institute of Medical Sciences’ $286.94 Million Initial Public Offering

Shardul Amarchand Mangaldas & Co. advised Krishna Institute of Medical Sciences Limited and General Atlantic Singapore KH Pte. Ltd. on the deal.

Krishna Institute of Medical Sciences Limited executed an initial public offering by Krishna Institute of Medical Sciences Limited. The deal is valued at ? 2,143.75 crore (approx. $286.94 million).

Krishna Institute of Medical Sciences Limited is one of the largest corporate healthcare groups in Andhra Pradesh and Telangana in terms of number of patients treated and treatments offered. 

The Shardul Amarchand Mangaldas & Co. team was led by Partner Prashant Gupta (Picture); Monal Mukherjee, Partner; Reema Dash, Principal Associate; Sejal Jain, Associate; and Rudresh Mandal, Associate. The transaction team for the pre-IPO placement by General Atlantic was led by Raghubir Menon, Partner and Taranjeet Singh, Partner.

Latham & Watkins LLP and Cyril Amarchand Mangaldas advised Kotak Mahindra Capital Company Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited and IIFL Securities Limited as international legal counsel and legal counsel as to Indian law.

Involved fees earner: Reema Dash – Shardul Amarchand & Mangaldas & Co.; Prashant Gupta – Shardul Amarchand & Mangaldas & Co.; Sejal Jain – Shardul Amarchand & Mangaldas & Co.; Rudresh Mandal – Shardul Amarchand & Mangaldas & Co.; Raghubir Menon – Shardul Amarchand & Mangaldas & Co.; Monal Mukherjee – Shardul Amarchand & Mangaldas & Co.; Taranjeet Singh – Shardul Amarchand & Mangaldas & Co.;

Law Firms: Shardul Amarchand & Mangaldas & Co.;

Clients: General Atlantic Singapore KH Pte. Ltd; Krishna Institute of Medical Sciences Limited ;

Author: Sonia Carcano