Global law firm White & Case LLP has advised the book running lead managers on the initial public offering (IPO) of Aadhar Housing Finance Limited, a housing finance company focused on the low-income housing segment in India.
"White & Case teams in Singapore, Hong Kong, New York and London successfully advised on a notable IPO in the Indian market, which marks a significant milestone for Aadhar Housing Finance," said Rahul Guptan, a partner at White & Case who co-led the Firm's deal team. "This transaction was complex and executed within very tight timelines across multiple jurisdictions, demonstrating our global team’s expertise and commitment."
Aadhar Housing Finance Limited is one of India's largest housing finance companies, dedicated to supporting the low-income sector. With branches across 20 states and union territories, the company offers tailored credit solutions to its clients and boasts the highest Assets Under Management and net worth among its peers.
BCP Topco VII Pte. Ltd., the promoter of Aadhar Housing Finance Limited, is an affiliate of funds managed and/or advised by affiliates of Blackstone Group Inc.
Citigroup Global Markets India Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory and Securities (India) Private Limited and SBI Capital Markets Limited acted as the book running lead managers for the transaction.
The White & Case team which advised on the transaction was led by partners Rahul Guptan (London) and Kaya Proudian (Singapore), with support from partners Jim Fogarty, Elodie Gal, Steven Gee and Edward So (all New York) and associates Ji Yang Lim, Rachna Talati, Stephanie Zhao (all Singapore), Hilda Leung (Hong Kong) and Daniel Park (New York).
Press contact
For more information please speak to your local media contact.
