Financial Services

Investment Banking

Balrampur Chinni

Balrampur Chinni is part of the Vivek Saraogi group based in Kolkata, with primary focus on sugar and power

The assignment involved advising, structuring and mobilising funds for the acquisition of Tulsipur Sugars Limited, a listed company with a sugar production capacity of 3,000 tcd. The acquisition was made for a total consideration of Rs 350 mn and also entailed an Open Offer to the public for buying out another 20% equity stake.