Avendus Capital Advises the Promoter of Voltamp Transformers on His 12% Stake Sale in the Company Worth USD 67 mn (INR 562 cr)

It was a pleasure to work with the Avendus team and I'm very pleased with the way they have managed the entire transaction. Their valuable insights on the market, strategy for marketing the story and diligent feedback, including introduction of quality investors to the cap table, played a major role in the successful placement.

We are extremely delighted to have advised Kunjal Patel on his stake sale in Voltamp. Capital goods stocks have done reasonably well and with the capex cycle booming in India, the sector has garnered a lot of attention from investors. Voltamp, is a leader in the space with all the right attributes. It has been viewed positively for its strong focus on its turnaround story and profitability.