Take Over / Open Offer

An open offer is an offer made by the acquirer to the shareholders of the target company inviting them to tender their shares in the target company at a particular price. The primary purpose of an open offer is to provide an exit option to the shareholders of the target company on account of the change in control or substantial acquisition of shares, occurring in the target company.

We are also one of the leading merchant bankers hired for managing open offers of listed companies. Our expertise includes coordination between various agencies, preparation of open offer related documents and public announcements, and liaising with SEBI, ROC and other relevant authorities.