Leapfrog Investments acquisition of equity stake in Fincare Small Finance Bank boosted by AZB & Partners
Fincare Small Finance Bank Limited (Fincare) has filed Draft Red Herring Prospectus (DRHP) with SEBI to raise Rs. 1330
Leapfrog Investments acquisition of equity stake in Fincare Small Finance Bank boosted by AZB & Partners Fincare Small Finance Bank Limited (Fincare) has filed Draft Red Herring Prospectus (DRHP) with SEBI to raise Rs. 1330 crore via Initial Public Offering (IPO). The IPO comprises of a fresh issue by the bank of Rs. 330 crore and an offer for sale of Rs. 1000 crore by Promoter...
Leapfrog Investments acquisition of equity stake in Fincare Small Finance Bank boosted by AZB & Partners
Fincare Small Finance Bank Limited (Fincare) has filed Draft Red Herring Prospectus (DRHP) with SEBI to raise Rs. 1330 crore via Initial Public Offering (IPO). The IPO comprises of a fresh issue by the bank of Rs. 330 crore and an offer for sale of Rs. 1000 crore by Promoter Fincare Business Services Limited.
Amethyst Inclusion Pte. Ltd., a fund managed by LeapFrog Investments (Leapfrog Investments) will acquire equity stake of approximately 3.92 % in Fincare as per the DRHP.
Fincare Small Finance Bank is Bengaluru-based microfinance company.
Srinath Dasari and Nanditha Gopal (Partners) and Gautam Rego (Senior Associate) were involved in the deal.