Linklaters Advises on Sammaan Capital's ₹1,300 Crore QIP

Linklaters LLP acted as international legal counsel for the book-running lead managers in Sammaan Capital's ₹1,300 crore Qualified Institutional Placement (QIP). The Mumbai-based mortgage lender, formerly Indiabulls Housing Finance, successfully raised $150 million in this oversubscribed offering. Major investors included Capital Group, BlackRock, and Marshall Wace. The QIP marks a significant step in Sammaan's growth strategy as it focuses on India's affordable housing segment. Trilegal and IndusLaw also played key advisory roles in this landmark transaction.
Sources: Mondaq, Legal Business Online, Economic Times, Moneycontrol