Cyril Amarchand Mangaldas assisted and advised Paras Healthcare Limited, a prominent multispecialty hospital chain in North India, in its pre-IPO issuance and allotment of equity shares to 360 One Asset, a wholly-owned subsidiary of 360 ONE WAM and Axis New Opportunities AIF.
The firm also advised Commelina Ltd., an affiliate of Creador, in connection with its partial exit from the Company by way of a pre-IPO secondary sale to 360 One Asset and Axis New Opportunities AIF.
The transaction was led by Pooranimaa Hariharan, Partner; with support from Sanjana Dasgupta, PA – Designate; Nimrah Rasheed, Associate; and Shivam Shekhar, Associate.