Cyril Amarchand Mangaldas advised Axis Capital Ltd., BNP Paribas and Nuvama Wealth Management Limited, the book running lead managers (BRLMs) on the initial public offering of equity shares of face value ₹ 10 each (Equity Shares) by Carraro Technologies India Pvt. Ltd.

The Offer consisted of an offer for sale of 17,755,681 equity shares aggregating to ₹ 12,500.00 million by Carraro International S.E. (Promoter Selling Shareholder). The Equity Shares commenced trading on BSE Limited and National Stock Exchange of India Limited on December 30, 2024.

Carraro India is a technology driven integrated supplier developing complex engineering products and solutions for OEM customers. It is a part of the Carraro Group, which has a strong global presence in agricultural machinery and transmission systems.

The transaction team advising the BRLMs included Vishal Yaduvanshi, Abhiroop Lahiri, Mihir Mathur, Ayushi Tiwari, Bhaskar Kumar, Aniruddh Saraswat, Arnab Roy, Jayadeep Manchikalapudi and Divyanshu Singh.

Source: Cyril Amarchand Managaldas’ LinkedIn Page