Deal Corner
July 29, 2024
NDA represents Steadview Capital Mauritius Limited in The Pre-IPO Fund Raise by Unimech Aerospace

DEAL BRIEF

Steadview Capital Mauritius Limited (“Steadview”) participated in the pre-IPO fund raise of approximately INR 250 Crores (USD 29 Million) by Bangalore based Unimech Aerospace and Manufacturing Limited (“Unimech”) along with two other investors ValueQuest Scale Fund and Evolvence India Fund IV Limited.

Unimech specializes in manufacturing of high-precision tools and equipment for aero-engines and airframes along with high precision components, assemblies, electro-mechanical turnkey systems for the aerospace, energy and semi-conductor industries.

OUR ROLE

We at Nishith Desai Associates, acted as the transaction counsel for Steadview and advised them on legal, tax and regulatory aspects, including negotiation and finalization of the transaction documents and closing of the round.

DEAL TEAM

Harshita Srivastava

Hetal Pandya

Anurag Shah

MEDIA COVERAGE

https://economictimes.indiatimes.com/ tech/funding/unimech-aerospace-raises-rs -250-crore-led-by-steadview-capital- others/articleshow/112016365.cms?from=mdr

https://www.moneycontrol.com/ news/business/steadview-capital- two-others-invest-rs-250-crore-in -ipo-bound-unimech-aerospace-12777041.html

https://www.thehindubusinessline.com/ companies/ipo-bound-unimech- aerospace-raises-250-cr/article68441341.ece

Disclaimer

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We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

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Deal Corner

July 29, 2024

NDA represents Steadview Capital Mauritius Limited in The Pre-IPO Fund Raise by Unimech Aerospace

DEAL BRIEF

Steadview Capital Mauritius Limited (“Steadview”) participated in the pre-IPO fund raise of approximately INR 250 Crores (USD 29 Million) by Bangalore based Unimech Aerospace and Manufacturing Limited (“Unimech”) along with two other investors ValueQuest Scale Fund and Evolvence India Fund IV Limited.

Unimech specializes in manufacturing of high-precision tools and equipment for aero-engines and airframes along with high precision components, assemblies, electro-mechanical turnkey systems for the aerospace, energy and semi-conductor industries.

OUR ROLE

We at Nishith Desai Associates, acted as the transaction counsel for Steadview and advised them on legal, tax and regulatory aspects, including negotiation and finalization of the transaction documents and closing of the round.

DEAL TEAM

Harshita Srivastava

Hetal Pandya

Anurag Shah

MEDIA COVERAGE

https://economictimes.indiatimes.com/ tech/funding/unimech-aerospace-raises-rs -250-crore-led-by-steadview-capital- others/articleshow/112016365.cms?from=mdr

https://www.moneycontrol.com/ news/business/steadview-capital- two-others-invest-rs-250-crore-in -ipo-bound-unimech-aerospace-12777041.html

https://www.thehindubusinessline.com/ companies/ipo-bound-unimech- aerospace-raises-250-cr/article68441341.ece

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

Research Papers

FAQs on Setting Up of Offices in India
December 13, 2024

FAQs on Downstream Investment
December 13, 2024

Gaming Law 2024
December 12, 2024

NDA Connect

Connect with us at events, 
conferences and seminars.