List Of IB Deals

Transaction Closure: Public Issue of Non-Convertible Debentures by Shriram Transport Finance Company Limited, (“Company” or “Issuer”)

We have successfully completed the Tranche I of the Public Issue of Secured Redeemable Non-Convertible Debentures of face value of INR 1,000 each aggregating up to INR 5,000 million (“Base Issue Size”) with an option to retain over-subscription up to the shelf limit i.e. INR 30,000 million (“Issue”). The NCDs have been rated ‘CRISIL AA/Stable’ by CRISIL, ‘CARE AA+’ by CARE and ‘IND ‘AA+’ by India Ratings and Research Private Limited.

Issue highlights and Edelweiss performance

• This was the 7th Public Issue of Non-Convertible Debentures by the Company. Edelweiss mobilised ~40% of the total subscription, highest among all the four Lead Managers, in spite of being acting as a Lead Manager for the Company for the first time.
• Largest Public Issue of Non-Convertible Debentures by a Private Sector Company since FY2005
• Total amount of INR 19,748 million mobilized within 3 days of opening of the Issue
• First Private Company going for Public Issue of Non-Convertible Debentures under the Shelf Prospectus Mechanism post January 2014 amendment to Debt Regulations

Company overview:

Shriram Transport is one of the largest Indian asset financing NBFC, with a primary focus on financing pre-owned commercial vehicles. The Company also provides commercial vehicle finance for new commercial vehicles. It is amongst the leading financing institutions in the organized sector for the commercial vehicle industry in India for First Time Users and Small Road Transport Operators. The Company is a part of the Shriram Group of companies which has a strong presence in financial services in India. As of March 31, 2014 the Company had 654 branches across India, including at most of the major commercial vehicle hubs along various road transportation routes in India.

Product overview:

The NCDs are issued in Series I to VIII with tenure of 3 years, 5 years or 7 years from the Deemed Date of Allotment. The frequency of interest payment will be monthly, annual or cumulative payment on redemption, depending on the Series applied for. The NCDs offer up to 11.50% Coupon Rate to investors. Senior Citizens are entitled to an additional yield at the rate of 0.25% per annum.

Corporate Office: Edelweiss House, Off CST Road, Kalina, Mumbai - 400098; Tel. (022) 4009 4400.

For more information please visit: www.edelweissfin.com

Transaction Closure of Mahindra & Mahindra Financial Services Limited: Zero Coupon Secured, Redeemable, Non Convertible Debentures

A Private Placement of Zero Coupon Secured, Redeemable, Non Convertible Debentures rated “IND AAA/Stable” by India Ratings & Research Private Limited was closed on 20th August, 2014. The Issue Size was INR 400 million.

Mahindra & Mahindra Financial Services Limited is one of the leading non-banking finance companies (“NBFCs”) with customers in the rural and semi-urban markets of India. It is part of the Mahindra Group, which is one of the largest business conglomerates in India. It is primarily engaged in providing financing for new and pre-owned auto and utility vehicles, tractors, cars and commercial vehicles.

Edelweiss Financial Services Limited acted as a Sole Arranger to this Issue.

For more information please visit: www.edelweissfin.com

Transaction Closure: Capital raising of INR 3,250 million by Equitas Holdings Private Limited

Equitas Holdings Private Limited ('Equitas'), a Chennai-based diversified NBFC Company operating in the microfinance, vehicle finance and housing finance sectors, has successfully closed a primary equity raise of INR 3,250 million. Creation Investments and DEG led the investment. Existing investors - IFC, CDC, FMO and India Financial Inclusion Fund (IFIF) also participated. In addition, secondary sales over 6 separate transactions were also concluded, providing liquidity to employees and ESOP trust funds.

Equitas was incorporated in 2007 for carrying on the business of micro finance and providing finance to the weaker sections of the society. Subsequently, the Company also diversified into vehicle finance and housing finance sectors through its subsidiaries. As on September 30, 2014, the Company is present across 10 states and 2 Union Territories with a loan book of around INR 3,000crs.

Edelweiss Financial Services Limited acted as the exclusive Financial Advisor to Equitas. As the advisors for Equitas, we played an important role in selling, structuring and executing the transaction to meet the objectives of the Company and the Investors.

For more information please visit: www.edelweissfin.com

Transaction Closure: Qualified Institutions Placement for Jyoti Structures Limited

Edelweiss Financial Services Limited ("Edelweiss") has successfully completed a Qualified Institutions Placement ("QIP") of INR 1,002.13 million for Jyoti Structures Limited

Edelweiss acted as the sole Book Running Lead Manager to the Issue. Edelweiss played a pivotal role in the issue:

• End-to-end Client handholding for the entire Issue and providing guidance over all critical decisions
• Advisor to the Promoters / Senior management on Deal Contours and Deal Launch Timing
• Complete Capital Structuring, Marketing, Documentation and Regulatory co-ordination

Key Deal Highlights

• First QIP transaction since 2010 in the Transmission & Distribution EPC space. The last few years have been challenging for the sector
• Successful closure despite volatile market conditions. The sensex had fallen by ~740 points over the preceding 3 days from issue closing date
• The deal was subscribed 1.25x over the base issue size
• Demand for the deal was procured from a mix of existing and new investors resulting in enhanced marquee shareholder base
• The deal was consummated at an issue price of @INR 42.85 per equity share which was at a premium of ~3% to the last prevailing market price of the company (as on 24th Sept 2014)

Company Overview
Jyoti Structures Limited ("JSL") is an EPC contracting Company in the power transmission and distribution networks with a global presence across Asia, Africa and North America. JSL has been in the power transmission business for over 3 decades. JSL operates through 5 manufacturing units at Nashik, Raipur, Dubai and Houston with a combined annual manufacturing capacity of 216,160 MT of transmission line towers. As on June 30, 2014, the Company had a consolidated order book of ~INR 43,490 Mn with 55% of orders from domestic operations and 45% from overseas operations.

For more information please visit: www.edelweissfin.com

Transaction Closure & Issue Listing: IPO of INR 3,518.6 million by Sharda Cropchem Limited, (“Company” or “Issuer”)

We have successfully completed the Initial Public Offering of 22,555,124 Equity Shares of a face value of INR 10 each (the “Equity Shares”) of Sharda Cropchem Limited (the “Company” / “Sharda”) for cash at a price of INR 156 per Equity Share (including a share premium of INR 146 per Equity Share) aggregating up to INR 3,518.60 million (the “Offer”). The Equity Shares of the Company were listed today with an opening day listing gain of 66.7% and closed the day with a gain of 48.0% over the Offer Price

Offer highlights and Edelweiss performance

Edelweiss Acted as the Left Lead Book Running Lead Manager to the Offer:

• Edelweiss advised the company on being IPO ready which allowed for a suitable market window for launching the Offer (Work began on the IPO almost a year ago when capital market conditions were not conducive for an IPO)
• Edelweiss took the lead at all stages while engaging with relevant regulatory authorities
• Edelweiss was able to generate strong interest at the upper end of the price band from Anchor Investors such as Goldman Sachs, Ashmore SICAV, SBI MF, ICICI Prudential, UTI MF etc., thereby creating a huge momentum for the Offer
• The Offer garnered significant interest in the market as bids amounting to INR 18,000 crs+ were procured
• Edelweiss garnered majority of the procurement across all 3 buckets
• Final Subscription Figures – QIBs excluding Anchor Investors (31.93x), HNI (251.52x), Retail (5.78x) & Overall (51.21x)
• Largest IPO since 2005 and largest public market equity fund raise since 2008 in the Agrochemical space

Company Overview
Sharda Cropchem Limited is a crop protection chemical company engaged in the marketing & distribution of formulations and generic active ingredients globally with over 1,040 registrations for formulations & over 155 registrations (as on July 15, 2014) for generic active ingredients across the globe.

For more information please visit: www.edelweissfin.com