Investors are going to increase in the Indian stock market on June 4. The reason is the block deals worth about 3,480 crore in four big companies. According to Term Sheets, these deals will be done by four different institutional investors, who want to take advantage of the existing market rebound.
Which companies will be sold in stake?
Under these deals, a large stake in four companies will be sold. In this, Jayanti Sinha, a member of the promoter group in Alkem Laboratories LTD, will sell 2.9 percent stake. The estimated deal value is Rs 825 crore.
Apart from this, CA Dawn Investments of Global Private Equity Firm Carlyle in Indegene Ltd are selling 10.2 per cent stake, the value of which is around Rs 1,420 crore. At the same time, TPG RISE is going to sell its entire 2 per cent stake in Tata Technologies LTD, which will raise around Rs 635 crore. Flipkart is selling about 6 percent stake in Aditya Birla Fashion and Retail Ltd, whose deal is said to be Rs 600 crore.
Who are behind deals?
In these deals, large investment banking firms are playing the role of advisor. Jayanti is giving Axis Capital advice to Sinha. Bank of America Tata Technologies is guiding TPG RISE in the deal. Goldman Sachs is supporting Flipkart. While Kotak Securities and IIFL Carlyle’s Indegene Deal are included.
Deals get force with market rebound
After the market lethargy in the last few months, now investors are seeing new opportunities. NIFTY 50 shut down the bottom of 7 April to 12.86 per cent from 21,744 to 12.86 per cent to shut down at 24,542.50 on 3 June.
Big deals have been done in May itself
According to the data, in the first 15 days of May 2025, there was a turnover of Rs 3,541.97 crore through 12 block deals, while in April, only Rs 506.37 crore was collected through only five deals.
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