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In November 2017, in one of the largest private equity investments in the Indian banking sector, Bain Capital invested Rs 6,854 crore in Axis Bank ....
Kotak Mahindra Capital is one of the advisors to the deal, and the private equity investors are offering a discount of upto 7% from the current price. The floor price has been set at Rs 1,785.65 a share. ....
In the large cap segment, 15 companies witnessed significant block deals on the screen, which were worth Rs 3,533 crore, led by HDFC Bank with an 18 block count, totalling Rs 1,121 crore. ....
The Japanese conglomerate is likely to offer the stake at a price range of Rs 752-767 per share, which implies up to 2% discount to Thursdays closing price of Rs 767 of the stock ....