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Latham Advises on QIP by Info Edge (India) Limited

August 14, 2020
Cross-border team advises on India Qualified Institutions Placement.

Latham & Watkins represented the lead managers on the Rs.18,750 million (US$250 million) Qualified Institutions Placement (QIP) by Info Edge (India) Limited with the equity shares listing on BSE Limited and National Stock Exchange of India Limited (NSE).

The lead managers for this transaction were Credit Suisse Securities (India) Private Limited, Goldman Sachs (India) Securities Private Limited, IIFL Securities Limited, and J.P. Morgan India Private Limited.

The Latham deal team was led by Singapore partner and India Practice Group Head Rajiv Gupta, supported by Singapore associates Francesca Rothkell and Priyanka Mehta. 

About Info Edge (India) Limited:

Info Edge (India) Limited is a publicly listed company based in India, operating in the online classifieds sector. Info Edge (India) Limited provides information technology services and is a leading player in online classifieds business, particularly in recruitment, real estate and matrimony which are, respectively, operated through their, and brands.

About Latham’s India Practice:

With over 20 years of experience advising on Indian debt and equity capital markets transactions, Latham has one of the largest and most active India practice’s among international law firms. The multi-award winning practice comprises more than 50 lawyers globally, and the team have advised on India-related matters with a combined value in excess of US$50 billion since 2017.