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Khaitan & Co advised Aditya Infotech Limited and the Lead Managers, ICICI Securities Limited and IIFL Capital Services Limited, on its Qualified Institutional Placement (QIP) aggregating to INR 15,000 million.
The OFS was undertaken, inter alia, to facilitate compliance with the minimum public unitholding requirements applicable to the Trust.
Comprising a fresh issue and offer for sale by promoter shareholders. The IPO saw an exceptional overall subscription of 93.71 times, with QIB demand at 213.08 times.