Cyril Amarchand Mangaldas Advises Capital Small Finance Bank

Cyril Amarchand Mangaldas (“CAM”) advised Capital Small Finance Bank Limited (“Bank”) in the initial public offering of 11,176,713 equity shares of face value of ₹10 each of the Bank (“Equity Shares”), for cash at a price of₹468 per Equity Share including a share premium of₹458 per Equity Share ("Offer Price") aggregating to ₹5,230.70 million (“The Offer”), comprising a fresh issue of 9,615,384 Equity Shares aggregating to₹4,500.00 million ("Fresh Issue") and an offer for sale of 1,561,329 Equity Shares, aggregating to₹730.70 million (the “Offer for Sale”), comprising 836,728 Equity Shares aggregating to₹391.59 million by Oman India Joint Investment Fund II (“OIJIF II”), 151,153 Equity Shares aggregating to₹70.74 million by Amicus Capital Private Equity I LLP (“ACPE”), 17,544 Equity Shares aggregating to₹8.21 million by Amicus Capital Partners India Fund I (“ACPIF”, together with ACPE, “Amicus”, and together with ACPE, and OIJIFII, the “Investor Selling Shareholders”), and 555,904 Equity Shares aggregating to ₹260.16 million by certain persons listed in this prospectus (the “Other Selling Shareholders”, as defined below) (the Investor Selling Shareholders and the Other Selling Shareholders, collectively, the “Selling Shareholders”, and such equity shares offered by the selling shareholders, the “Offered Shares”).

The Capital Markets team of Cyril Amarchand Mangaldas advised on the transaction.The transaction team was led by Gokul Rajan, Partner & Regional Head Markets Practice (Northern Region); with support from Amitpal Singh, Principal Associate; Aniran Ghoshal, Senior Associate; Priyanka Khetwal, Associate; Rajshree Agarwal, Associate; and Nidhi Singh, Associate.

Rutu Gandhi, Partner; advised on the regulatory aspects of the deemed public offer.

Other advisors to the transaction included Nuvama Wealth Management Limited, acted as book running lead managers to the issue; DAM Capital Advisors Limited, acted as book running lead managers to the issue; Equirus Capital Private Limited, acted as book running lead managers to the issue; M/s. Crawford Bayley & Co. Advocates and Solicitors, acted as Indian legal counsel for Selling Shareholders; Duane Morris LLP, acted as International legal counsel for book running lead managers; and Link Intime India Private Limited, acted as registrar.