Latham Advises on QIP by Apollo Hospitals Enterprise Limited

Latham & Watkins represented the lead managers on the Rs. 11,699.99 million (US$160 million) Qualified Institutions Placement (QIP) by Apollo Hospitals Enterprise Limited with the equity shares listing on National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange of India.

The Book Running Lead Managers for this transaction were Bank of America, Axis Capital, J.P. Morgan and Kotak Mahindra Capital.

The Latham deal team was led by Singapore partner and India Practice Group Head Rajiv Gupta, supported by Hong Kong associate, Zoe Wong and Singapore associate Esha Goel. Tax advice was provided by New York partners Jiyeon Lee-Lim and Greg Hannibal, and New York associate Sam Yang.

About Apollo Hospitals Enterprise Limited:

Apollo Hospitals is India’s largest private hospital chain. The company also has a presence across the full healthcare ecosystem, including pharmacies, primary care & diagnostic clinics and other retail health models.

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$68 billion since 2017.