{"id":344461,"date":"2025-03-27T13:00:02","date_gmt":"2025-03-27T07:30:02","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=344461"},"modified":"2025-03-27T13:03:31","modified_gmt":"2025-03-27T07:33:31","slug":"cyril-amarchand-mangaldas-acts-as-the-legal-counsel-to-logicap-and-ecobox-backed-by-rava-partners-and-alta-capital-in-relation-to-their-acquisition-of-indospace-assets-for-approximately-inr-1200-cro","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/03\/27\/cyril-amarchand-mangaldas-acts-as-the-legal-counsel-to-logicap-and-ecobox-backed-by-rava-partners-and-alta-capital-in-relation-to-their-acquisition-of-indospace-assets-for-approximately-inr-1200-cro\/","title":{"rendered":"Cyril Amarchand Mangaldas acts as the legal counsel to Logicap and Ecobox, backed by Rava Partners and Alta Capital, in relation to their acquisition of Indospace assets for approximately INR 1200 crores"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Cyril Amarchand Mangaldas (&#8220;<span style=\"font-weight: bold;\">CAM<\/span>&#8221;) advised Logicap and Ecobox, backed by Rava Partners and Alta Capital, on structuring of a composite transaction for acquiring 4 logistics built and fully leased assets in Ranjanagaon, Pune and Sri City, Chennai, spreading across 3.6 million sq. ft., from Indospace.<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction team was led by <span style=\"font-weight: bold;\">Siddharth Hariani<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; <span style=\"font-weight: bold;\">Trayosha Darapuneni<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; with support from <span style=\"font-weight: bold;\">Vaishnavi Eshwar<\/span>, <span style=\"font-style: italic;\">Senior Associate<\/span>; <span style=\"font-weight: bold;\">Piyush Langade<\/span>, <span style=\"font-style: italic;\">Associate<\/span> and <span style=\"font-weight: bold;\">Yash Chadha<\/span>, <span style=\"font-style: italic;\">Associate<\/span>.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Pranav Sharma<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; and <span style=\"font-weight: bold;\">Lakshmi Prakash<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; with support from <span style=\"font-weight: bold;\">Prafful N<\/span>, <span style=\"font-style: italic;\">Consultant<\/span> and <span style=\"font-weight: bold;\">Krithika Srinivasan<\/span>, <span style=\"font-style: italic;\">Senior Associate<\/span> advised on banking, corporate &amp; structured finance related aspects of the transaction.<\/p>\n<p style=\"margin-bottom: 3%;\">The deal team was further supported by (A) <span style=\"font-weight: bold;\">Siddharth Hariani<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; <span style=\"font-weight: bold;\">Saurav Samaddar<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; with support from <span style=\"font-weight: bold;\">Vaishnavi Eshwar<\/span>, <span style=\"font-style: italic;\">Senior Associate<\/span>; <span style=\"font-weight: bold;\">Piyush Langade<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; <span style=\"font-weight: bold;\">Shubham Shanu<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; <span style=\"font-weight: bold;\">Satvik Khatri<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; <span style=\"font-weight: bold;\">Ohmkar Vishal<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; <span style=\"font-weight: bold;\">Nimrah Rasheed<\/span>, <span style=\"font-style: italic;\">Associate<\/span> and <span style=\"font-weight: bold;\">Sheetal Kumar<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; in conducting corporate legal due diligence; and (B) <span style=\"font-weight: bold;\">Siddharth Hariani<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; <span style=\"font-weight: bold;\">Abhilash Pillai<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; and <span style=\"font-weight: bold;\">Emil Joseph<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; with support from <span style=\"font-weight: bold;\">Jaideep Kodali<\/span>, <span style=\"font-style: italic;\">Principal<\/span> <span style=\"font-style: italic;\">Associate<\/span>; <span style=\"font-weight: bold;\">Neha Shah<\/span>, <span style=\"font-style: italic;\">Senior Associate<\/span> <span style=\"font-style: italic;\">Designate<\/span>; <span style=\"font-weight: bold;\">Bhargavi Akanksha<\/span>, <span style=\"font-style: italic;\">Consultant<\/span>; <span style=\"font-weight: bold;\">Anjali Kadam<\/span>, <span style=\"font-style: italic;\">Consultant<\/span>; <span style=\"font-weight: bold;\">Manisha K R<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; <span style=\"font-weight: bold;\">Kalyan Chakravarthy<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; and <span style=\"font-weight: bold;\">Alampu Kowkrady<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; in conducting real estate due diligence of the property situated in Andhra Pradesh and Maharashtra.<\/p>\n<p style=\"margin-bottom: 3%;\">Other parties to the transaction included: <span style=\"font-weight: bold;\">ILP II Ventures I Pte. Ltd.<\/span> (<span style=\"font-style: italic;\">Counterparty &#8211; Sellers<\/span>); and <span style=\"font-weight: bold;\">Bobby Parikh<\/span> (<span style=\"font-style: italic;\">Acted as tax advisors to the acquirers<\/span>).<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction documents were signed on 25<span style=\"vertical-align: super;\">th<\/span> September, 2024 and 16<span style=\"vertical-align: super;\">th<\/span> January, 2025 and the transaction was closed on 6<span style=\"vertical-align: super;\">th<\/span> November, 2024 and 7<span style=\"vertical-align: super;\">th<\/span> March 2025.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><i>Cyril Amarchand Mangaldas (\u201cCAM\u201d) advised Logicap and Ecobox, backed by Rava Partners and Alta Capital<\/i><\/p>\n","protected":false},"author":8808,"featured_media":344466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[80245,68835,30960,80246,80243,80244],"class_list":["post-344461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-alta-capital","tag-cam","tag-cyril-amarchand-mangaldas","tag-indospace-assets","tag-logicap-and-ecobox","tag-rava-partners"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cyril Amarchand Mangaldas acts as the legal counsel to Logicap and Ecobox, backed by Rava Partners and Alta Capital, in relation to their acquisition of Indospace assets for approximately INR 1200 crores | SCC 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