Shardul Amarchand Mangaldas and Cyril Amarchand Mangaldas have advised Krishna Institute of Medical Sciences on its ₹1,500 crore Qualified Institutions Placement. This transaction strengthens the financial position of KIMS in the healthcare sector.
Shardul Amarchand and Cyril Amarchand Advise on KIMS ₹1,500 Crore QIP
Krishna Institute of Medical Sciences Limited (KIMS) has successfully raised ₹1,500 crore (approximately USD 158 million) through a Qualified Institutions Placement (QIP). Two prominent law firms, Shardul Amarchand Mangaldas & Co and Cyril Amarchand Mangaldas, provided legal counsel in this significant transaction.
The team from Shardul Amarchand Mangaldas included Prashant Gupta, Ruth Chenchiah, Ritika Khare, Anoushka PV, Anaya Jain, and Kunika Agarwal, who collectively supported KIMS in navigating complex regulatory landscapes to secure funding vital for its continued operations and expansion.
This capital infusion is expected to bolster KIMS's position in the competitive healthcare sector, signaling an opportunity for growth and enhanced service delivery. For legal practitioners, this transaction highlights the importance of compliance with securities regulations in QIPs and offers insights into deal structuring for similar future financings.
Citations
- Krishna Institute of Medical Sciences (2026) Corporate Advisory
