SBICAPS Value Adds

• KMB has been a High Conviction Top Pick for SBICAPS’ research partner Investec for over three years.  Today, The SBICAPS – Investec combine taken together is the go-to Banker for many investors in the BFSI sector and in particular, KMB
• It has been our consistent endeavour to add value – to investors allocated to us as well as to those investors who provided opportunity for reverse interactions . In the weeks prior to launch, we stepped up our engagement effort through detailed and focussed conversations with a range of investors
• We converted almost all  our allocated investors with focus on ultra long marquee names, and provided decisive on some other investors as well. This reflected in bids from ICICI Pru MF, SBI MF, Premji Invest, SBI Pension, SBI Life, Indus Capital
• Few marquee investors  did not participate due to tactical factors, however with us they are positive on KMBs structural growth story and we continue to engage with them to sustain and further enrich KMBs shareholder base
• Acted swiftly on the transaction, managing overall client expectations and contributing beyond the QIP process requirements including Stamp Duty payment through SBI for Issuer, despite the Covid lockdown. 

Ensured Thumping Success inspite of Volatile market conditions