Cyril Amarchand Mangaldas acted as the Indian legal counsel to the underwriters on the initial public offering (“IPO”) by EAAA India Alternatives Limited, the alternatives arm of the Edelweiss group. The IPO comprised an offer for sale by Edelweiss Securities and Investments Private Limited, the Promoter Selling Shareholder, aggregating to ₹12,000 million.
EAAA India Alternatives Limited is a leading alternatives platforms in India, in terms of assets under management with more than 17 years of experience of managing long term patient capital with an AUM of ₹953,448.78 million, as of June 30, 2026.
The transaction team was led by Devaki Mankad, Partner (Regional Co-Head – Capital Markets – West); with support from Tanushri More, Principal Associate; Esha Gupta, Senior Associate; Gaurav Lalwani, Khushi Parekh, Maushmi Wagle and Tanvi Agarwal, Associates.
Yash Ashar, Senior Partner; provided strategic guidance on the transaction.
