TT&A, AP & Partners act on IFC subscribing to Ashiana Housing ₹100 crore NCDs

The proceeds from the subscription will be used by Ashiana Housing for land acquisition and construction projects.
Ashiana Housing
Ashiana Housing
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IFC has subscribed to unsecured, rated, redeemable, listed, non-convertible debentures for an aggregate principal amount of up to ₹100 crore by Ashiana Housing Limited, through the electronic book building process.

TT&A advised IFC on this transaction.

The transaction team consisted of Gautam Saha (Partner), Nikhil Bahl (Partner) and Daksh Middha (Senior Associate).

Gautam Saha, Nikhil Bahl
Gautam Saha, Nikhil Bahl

AP & Partners advised Ashiana Housing on the NCD issuance.

The transaction team consisted of Dushyant Kumar (Partner), Siddhartha Tandon (Senior Associate), Vaivaswatha Yagani (Associate) and Shambhavi Sharma (Associate).

Dushyant Kumar
Dushyant Kumar

The proceeds from the subscription will be used by Ashiana Housing towards inter alia the acquisition of land and construction of housing project in Gurugram.

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