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UPDATE Q3 2021
1. Private Equity Deals 4. Mergers & Acquisitions
TABLE OF PE Deals Overview M&A Deals Overview
PE Breakdown M&A Breakdown
CONTENTS PE Breakdown by Size M&A Breakdown by Size
Mean & Median Deal Value
Mean & Median Deal Value
Sector Summary
Regional Analysis Key Deals
Sector Summary
Key Deals 5. Equity Capital Market
2. Private Equity Funds ECM Deals Overview
ECM Breakdown
Funds Overview
Key Deals
Top PE Funds Raised
6. Glossary
3. Private Equity Exits
Exits Overview 7. Abbreviations
Exits Breakdown
Sector Summary
Key Exits
Executive Summary
Volume Value ($ bn)
VCCEdge Quarterly Deal Report presents a data-driven overview of Private
Equity, Venture Capital, Merger & Acquisition, and Equity Capital Market PE Deals 19.28
568
deals in India.
10.63 11.02
Private equity funding breaks the record in both volume and value; M&A too 8.37
5.39
hits new record high by deal value in Q3 2021, as companies and investors
336 345 414 335
are shaping their post-COVID future.
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
Some of the key trends observed in this quarter are:
• Private equity investors make big moves in this quarter. The PE funding M&A Deals Volume Value ($ bn)
18.09
hits the highest record representing 70% and 75% increase value
14.21
compared to the Q3 2020 by volume and value, respectively. 12.42
8.99
• M&A is smashing the record with $18.09 billion investments in this
quarter. This quarter announced 205 deals, a 22% jump over last year 2.69
same quarter. 237 232 232 168 205
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
• Equity capital market deals decreased 25% by deal volume and 44% by Volume Value ($ bn)
ECM Deals
deal value compared to Q3 2020. Although there was a significant 10.38
decline in ECM deals, initial public offering (IPO) remains supportive.
5.82
4.97
2.81
1.42
59 37 15 28 21
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Private Equity Graph Shoot Up as Skyrocket
500 19.28
20.00
400
13.50 12.73 15.00
11.87
300 10.63 11.02
9.97
8.92 8.37 8.64
8.07 7.75 7.80 7.51 7.70 10.00
200
5.39 5.22 5.12
4.97
5.00
100
440 348 336 373 426 356 345 330 368 392 414 389 364 330 335 380 414 435 568
0 0.00
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019 2020 2021
Private Equity Investments showed the highest number of deals, and the deal value representing 568 deals worth $10.28 billion in the last five
years on a Y-o-Y basis. This quarter has witnessed a fantastic improvement in deal activity and the deal value representing 69.55% and 74.91%,
respectively, compared to Q3 2020.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Angel/Seed Outperforms For PE Deals Activity
PE Breakdown, Number of Deals PE Breakdown, Value of Deals ($ mn)
322
9534.82
200
5375.31
192
5196.91
188
4550.89
4490.55
165
164
4170.82
4,543
144
3646.18
134
3417.8
2786.67
101
1946.55
1873.69
83
56
758.28
54
574.92
47
435.53
43
33
593
75.26
18
16
204
150
138
13
118
79
20
9
6
5
2
1
5
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021 Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
Angel/seed deals continued to dominate the deal activity, with 322 deals contributed to 56.69% of the overall deal activity in Q3 2021, followed
by venture capital, private equity, pre-IPO and public equity. However, in terms of deal value, Venture Capital dominates the deal value in Q3 2021
witnessed the highest $9.53 billion, contributed 49.46% of the total PE deal activity, the value has shown ~5x growth compared to Q3 2020.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
The Small Ticket Deals Drive Volume of Investment
Number of Deals Undisclosed Under $5mn $5 - $25 mn Under $5mn $5 - $25 mn $25 - $50 mn
Value of Deals ($ mn)
$25 - $50 mn $50 - $100 mn $100 mn+ $50 - $100 mn $100 mn+
100%
100%
90%
90%
80%
80%
70%
70%
60% 60%
50% 50%
40% 40%
30% 30%
20% 20%
10% 10%
0% 0%
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021 Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
The Maximum number of investments continued to happen under the $5 million category (The small ticket deals). Big-ticket deals (more than or equal to
$100 mn+) contributed to 78.31%, while deals under $5 million (the small ticket deals) contributed 2.05% of the total deal value.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Average ticket-size Declined Significantly
58.2
46.5
41.8
40.9
35.5
31.6 31.9 32.3 33.0
30.6
26.7 25.3
22.9 23.5 25.1
19.8 17.7 18.1
14.2
2.0 1.4 1.6 2.5 2.4 2.7 2.9 2.9 3.0 3.0 2.0 2.2 2.3 3.0 3.0 3.5
1.1 0.8 1.2
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019 2020 2021
Q3 2021 witnessed a fantastic improvement of 62.04% on a Q-o-Q basis in median value. VCCEdge also has observed that the mean of the deals has
declined 1.96% significantly compared to Q3 2020.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Information Technology Topped the Sectorial Chart
PE Breakdown, Value of Deals ($ mn)
PE Breakdown, Number of Deals Q3 2021 Q3 2020 Q3 2021 Q3 2020
0.00
1 Telecommunication Services
Telecommunication Services 0.00
0
301.61
Utilities 5 Utilities
40.00
3
940.80
Materials 5 Materials
2 100.63
15 869.68
Financials Financials
13 1,599.02
22 420.19
Industrials Industrials
9 173.82
38 182.20
Consumer Staples Consumer Staples
18 16.38
48 1,781.03
Health Care Health Care
36 1,028.61
79 7,135.26
Consumer Discretionary Consumer Discretionary
55 4,545.62
355 7,646.00
Information Technology Information Technology
199 3,516.60
The Information Technology sector stole all the limelight dominates the private equity investment by deal value and volume in Q3 2021. It
contributed to 62.5% of the overall deal activity and 39.66% of the value of the overall sectorial chart. Surprisingly, the deal value across the sectors
has shown an incline in trend compared to Q3 2020. In terms of deal activity, the IT sector is followed by Consumer Discretionary, Health Care and
Consumer Staples.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
PE: Key Deals, Q3 2021
DATE TARGET BUYER DEAL TYPE DEAL VALUE ($ mn) SECTORS
The Qatar Investment Authority,SoftBank Vision Fund 2,Tiger Global
Management LLC,Tencent Holdings Ltd.,Walmart Inc.,GIC Pvt. Ltd.,Khazanah
Jul-2021 Flipkart Pvt. Ltd. Pre-IPO 3600 Consumer Discretionary
Nasional Berhad,Willoughby Capital Holdings, LLC,Franklin Templeton
Investments Inc.,CPP Investment Board,Antara Capital LP
Jul-2021 ANI Technologies Pvt. Ltd. Temasek Holdings Pvt. Ltd.,Warburg Pincus LLC Pre-IPO 500 Information Technology
Indore
Baroda
Top 5 Cities Surat
Cochin
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
PE FUNDS
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PE Funds-Raising has Taken a Hit
25 4159.2 4500
4000
20 3286.31
3088.49 3500
3000
15
2500
2018.43
1725.97 1693.91 2000
10 1459.5 1560.1
1294.9 1221.61 1302.07
1500
1053.5 845.6
761.81 1000
5 603.08 524.8 497.63
381 269.63
500
16 9 14 16 18 12 15 14 4 8 9 21 6 6 9 5 13 11 11
0 0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019 2020 2021
In Q3 2021, fundraising shows an upward trend in terms of the amount raised. Compared to the previous quarter, the quarter saw a rise of 305.61%
in terms of the amount raised. The quarter saw 11 funds raising, which raised worth $2018.43 million. On a Y-o-Y basis, the quarter saw an upswing
of 22.22% in terms of the number of funds raised and a growth of 284.61% in terms of the value of funds raised.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Number of Funds Launched Drops
Number of Funds Launched by Fund Size
Undisclosed Less than $100 mn $100 mn to $250 mn $250 mn to $500 mn $500 mn above
0 0
2 1
4
0 3
3
5
6 9
3 4
16
11
19
8 3
11
1
In terms of the number of funds launched, Q3 2021 witnessed a downfall of -41.18% on a Y-o-Y basis, with only 11 funds launched in this
quarter against 17 in Q3 2020. Fundraising takes a hit across the categories of undisclosed, Less than $100 mn. At the same time, $100 mn to
$250 mn and above category showed growth compared to Q3 2020.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
PE Funds Raised, Q3 2021
FUND SIZE ($ AMOUNT RAISED ($
FUND NAME FUND STATUS ASSET MANAGER YEAR LAUNCHED
mn) mn)
Navis Asia Fund VIII, L.P. Final Close - 900 Navis Capital India Pvt. Ltd. Mar-2021
Chiratae Ventures India Fund IV Final Close 275 337 Chiratae Ventures Feb-2019
Stellaris Venture Partners India Fund II Final Close 225 225 Stellaris Venture Partners May-2020
Trifecta Leaders Fund First Close 200 130 Trifecta Capital Advisors LLP Jul-2021
Innoven Capital India Fund First Close 268 100 Innoven Capital India Pvt. Ltd. Mar-2019
Avendus Future Leaders Fund-II First Close 101 78.5 Avendus Capital Pvt. Ltd. Aug-2021
Stride Ventures India Debt Fund II First Close 137 74 Stride Ventures May-2021
Incofin India Progess Fund First Close 80 60.23 Incofin Investment Management Aug-2019
Xponentia Opportunities Fund Final Close - 54 Xponentia Fund Partners LLP Oct-2018
Inflexor Technology Fund Final Close 70.4 49.4 Inflexor Ventures LLP Jan-2020
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
PE EXITS
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Private Equity Exits has Taken a Hit
80 4.90 6.00
3.92 5.00
60 3.39 4.00
2.83
2.13 2.40 2.38 3.00
40 1.74 1.78 1.99 2.04
1.60 1.83
0.96 2.00
20 0.78 0.66 0.64 0.74
1.00
117 63 59 83 78 74 65 42 64 35 45 34 57 22 37 36 49 38 54
0 0.00
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019 2020 2021
Exit improved by 46% and 148% compared to Q3 2020, indicating long term investors seeking high valuation taking advantage of the momentum.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Exits Going Back Upwards in Deal Value Across all Categories
Merger and Acquisition Equity Capital Market Open Market Buyback Secondary Sales
1,511.11
PE Exit Breakdown – Number of Deals PE Exit Breakdown – Value of Deals ($ mn)
1223.86
31
29
963.77
24
779.8
722.56
21
659.94
602.51
600.53
18
16
418.35
371.02
13 13
346.09
12 12
292.53
231.32
9 10
219.44
9
154.54
151.62
8 7 6
6
89.95
86.12
74.30
5
60.02
14.22
3 3
0.00
0.00
0.00
0.00
2 1 1 1
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021 Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
Merger& Acquisitions remained the preferred exit route, while Open Market transactions saw a fall in deal activity. However, it registered a 20% growth
in deal value.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Exits Shoots Up Across Sectors
Sector Analysis, Number of Deals Sector Analysis, Value of Deals ($ mn) Q3 2021 Q3 2020
Q3 2021 Q3 2020
Energy Energy
Information Technology saw a surge in exit deals, registering a count of 22 deals, followed by Consumer Discretionary at 11 while deal value fell by 90%,
while all major sectors witnessed a spike in exit deal value.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Exits: Key Deals, Q3 2021
Aug-2021 Max Healthcare Institute Ltd. KKR India Advisors Pvt. Ltd. Open Market 433.8 Health Care
Aug-2021 Aavas Financiers Ltd. Kedaara Capital Fund,Partners Group AG Secondary Sales 281.08 Financials
Sep-2021 Embassy Office Parks REIT Blackstone Advisors India Pvt. Ltd. Open Market 274.92 Financials
Sep-2021 Vijaya Diagnostic Centre Ltd. Kedaara Capital Fund Initial Public Offering 222.42 Health Care
Sep-2021 Sansera Engineering Ltd. Citi Venture Capital International Initial Public Offering 137.6 Consumer Discretionary
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
MERGER & ACQUISITION (M&A) DEALS
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Resurgence in M&A activity
350 40.00
33.78
300 35.00
30.00
250
22.36 25.00
200
18.30 18.0920.00
17.42
150 14.71 14.21
12.65 12.42 12.30 11.76 12.63 15.00
10.27
100 8.99
7.28 6.65 10.00
3.66 3.90
50 2.69 5.00
293 224 237 251 320 253 232 202 262 232 232 218 207 128 168 202 223 175 205
0 0.00
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019 2020 2021
In Q3, 2021, the M&A deal volume and value marked improvement of 22% and 27% Y-o-Y respectively. The M&A deal ecosystem showed a rebound
from pandemic disruptions and reflected investor confidence.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Domestic M&A Preferred Over Other Categories
11,322.38
M&A Breakdown, Value of Deals ($ mn)
Inbound Outbound Domestic Others
Inbound Outbound Domestic Others
158
151
8,100.59
140
7,386.65
126
6,648.79
5,811.33
90
3,743.31
2,164.01
1,774.69
1,618.60
1,549.30
1,410.33
1,334.16
42
1,125.48
35 39
33 32 32
27
732.99
22 25 23 26
412.94
384.53
20 20
316.18
272.01
19
166.13
137.92
14
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021 Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
Domestic deals comprise 61% of the total deal volume in Q3 2021, while inbound M&A deal activity remained at par with Q2 2021. Likewise, domestic deal
outperformed in deal value comprising 63% of overall deal activity. The push-in deal value can be attributed to the notable deal of IndiaIdeas.com Ltd.
(Billdesk.com)’s acquisition by PayU Payments Pvt. Ltd. as the largest deal of the Q3 2021.
*Others include offshore acquisitions by the foreign subsidiary of the Indian company
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Big Ticket Deals Drive Value of Investment
Undisclosed Under $5mn $5 - $25 mn $25 - $50 mn $50 - $100 mn $100 mn+ Under $5mn $5 - $25 mn $25 - $50 mn $50 - $100 mn $100 mn+
75% 75%
50% 50%
25% 25%
0% 0%
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021 Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
The category of $100 million and above showed 87% growth, indicating a larger ticket size deal in M&A deal activity. All categories showed a jump in deal
value, barring $25 - $50 million, registering a marginal fall by 5%.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Average Ticket Size Deals Upward Trend
239.6
166.0
154.4 154.4
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019 2020 2021
Mean and Median deal both witnessed a spike on Y-o-Y comparison by 7% and 46%, respectively, compared to Q3 2020.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Health Care Sector Shine
Utilities 7
10 Utilities 1323.43
959.30
Telecommunication Services 2
3 Telecommunication… 1050.02
441.56
Information Technology 63
84 Information Technology 6664.52
8,478.97
Financials 18
12 Financials 750.18
3,321.19
Health Care 17
23 Health Care 108.43
1,060.02
Consumer Staples 7
4 Consumer Staples 188.46
6.35
Consumer Discretionary 28
33 Consumer Discretionary 3455.48
392.68
Industrials 20
25 Industrials 474.36
2,328.38
Materials 6
9 Materials 192.34
944.24
Energy 0
2 Energy 161.93
Information Technology continued as an attractive segment with a total deal count of 84 deals. Whereas, Consumer staples witnessed erosion in the deal
count by 75%, followed by Financials by 50%. Overall deal value registered a 21% spike with growth in Energy and Healthcare sectors.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
M&A: Key Deals, Q3 2021
DEAL VALUE ($
DATE TARGET BUYER DEAL TYPE Sectors
MN)
Aug-2021 IndiaIdeas.com Ltd. PayU Payments Pvt. Ltd. Domestic 4692 Information Technology
Jul-2021 Fullerton India Credit Company Ltd. Sumitomo Mitsui Financial Group, Inc. Inbound 2000 Financials
Sep-2021 Exide Life Insurance Company Ltd. HDFC Life Insurance Co. Ltd. Domestic 915.67 Financials
Jul-2021 Just Dial Ltd. Reliance Retail Ventures Ltd. Domestic 765.31 Information Technology
Sep-2021 Covidshield Technologies Pvt. Ltd. Biocon Biologics Ltd. Domestic 735 Materials
Jul-2021 Great Learning Education Pte. Ltd. Think and Learn Pvt. Ltd. Outbound 600 Information Technology
Jul-2021 PlaySimple Games Pvt. Ltd. MTG Gaming AB Inbound 512.77 Information Technology
Jul-2021 Epic Creations Inc. Think and Learn Pvt. Ltd. Outbound 500 Information Technology
Jul-2021 Avaada Energy Pvt. Ltd. Global Power Synergy Public Co. Ltd. Inbound 453.3 Utilities
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
EQUITY CAPITAL MARKET (ECM) DEALS
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Equity Capital Market Overview
Deals Overview
Number of deals Value of deals ($ bn)
90 12.00
10.38
80 9.52
10.00
70 8.20
60 8.00
50 5.82
4.87 4.97 4.85 6.00
40 4.72 4.67 4.56
4.31
30 3.42 4.00
2.81
2.41 2.26
20 1.43 1.42 1.23 2.00
10 0.41
51 40 59 81 77 50 37 24 17 17 15 16 18 7 28 22 28 22 21
0 0.00
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019 2020 2021
Equity Capital Markets witnessed a lukewarm Q3 2021; the deal volume and value fell by 25% and 44%, respectively, on Y-o-Y comparison..
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Deal Sub-type Split
Initial Public Offering Follow-On Offering Rights Issue Qualified Institutional Placement Institutional Placement Programme
6,234.23
4,808.99
51
3,313.39
34
2,140.20
2,012.61
1,232.89
1,008.54
15
928.75
900.44
899.31
730.21
669.80
12 11
420.69
8 8
5 6
70.07
29.17
3
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2 2
0 1 0 1 0 0 0 0 1 0 0 0 0
Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021 Q3 2017 Q3 2018 Q3 2019 Q3 2020 Q3 2021
Initial Public Offering registered 88% growth compared to Q3 2020 in deal volume, while deals in other categories shrunk. Similarly, Initial Public
Offering reported a five year high in deal value. This can be attributed to change in SEBI regulations.
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
ECM: Key Deals, Q3 2021
DATE TARGET OFFERING TYPE OFFERING SIZE ($ mn) SECTOR
August-2021 Nuvoco Vistas Corp. Ltd. Initial Public Offering 673.89 Materials
August-2021 Cartrade Tech Ltd. Initial Public Offering 407.03 Consumer Discretionary
August-2021 Aptus Value Housing Finance India Ltd. Initial Public Offering 377.56 Financials
September-2021 Vijaya Diagnostic Centre Ltd. Initial Public Offering 259.48 Health Care
August-2021 Devyani International Ltd. Initial Public Offering 249.62 Consumer Discretionary
July-2021 Clean Science and Technology Ltd. Initial Public Offering 210.32 Materials
Copyright 2021 | Property of Mosaic Media Ventures Pvt. Ltd Table of Contents Private Equity Mergers & Acquisitions Equity Capital Markets
Glossary
Placements: Placement deals include QIPs, Open Market & Private Investment in Public Equity (PIPE) deals.
Materials: Material sector covers chemicals used in different segments, construction materials, containers & packaging, metals & mining, and paper & forest products.
Consumer Discretionary: Consumer Discretionary sector includes automobiles & components, consumer durables & apparel, consumer services, media, and retailing.
Consumer Staples: Consumer Staples sector contains food & staples retailing, food, beverage & tobacco, and household & personal products.
Healthcare: Healthcare incorporates healthcare equipment & services, and pharmaceuticals, biotechnology & life sciences.
Financials: Financial sector includes banks, diversified financials, insurance, and real estate.
Information Technology (IT): IT comprises software & services, technology hardware & equipment, and semiconductors & semiconductor Equipment.
Utilities: Utility encompasses electric, gas, water & multi-utilities and independent power producers & energy traders as well.
Industrials: Industrial sector contains all the capital goods , Commercial & Professional Services, and Transportation (air freight & logistics, airlines, marines, road & rail, infrastructure).
Energy: Energy sector consists of energy equipment & services, and oil, gas & consumable fuels.
Broader Market: It refers to the movement of the market as a whole, rather than a specific industry or sector. Broad-based indexes and various technical analysis tools evaluate the
performance of the broader market.
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Abbreviations
PE Private Equity
VC Venture Capital
M&A Mergers & Acquisition
ECM Equity capital Market
IPO Initial Public Offering
Follow-On Follow-On Offerings
QIPs Qualified Institutional Placement
IPPs Institutional Placement Programme
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