JSA, SAM, Varuna Law act on Morgan Stanley investment in Omega Hospitals

Omega Hospitals has received ₹500 crore as investment from Morgan Stanley.
Morgan Stanley
Morgan Stanley
Published on
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Morgan Stanley Private Equity Asia has invested ₹500 crore in Omega Hospitals for a 23% stake in the hospital.

JSA advised Omega Hospitals and its promoters, Dr. Mohan Vamsy Chigurupati, Dr. Padmaja Chigurupati and Dr. Nagavardhanamma Parvathaneni in this private equity fundraise.

The transaction team consisted of Siddharth Mody (Equity Partner), Varun Kumar (Partner), Anurag Shrivastav (Partner) and Prakhar Sharma (Senior Associate).

Siddharth Mody, Varun Kumar, Anurag Shrivastav
Siddharth Mody, Varun Kumar, Anurag Shrivastav

Shardul Amarchand Mangaldas & Co represented Morgan Stanley in this transaction.

The transaction team was led by Nivedita Tiwari, Partner; Kuhuk Jain, Principal Associate; Tweisha Mishra, Senior Associate; Anushka Ganguli, Associate and Tryambica Singh, Associate.

The due diligence team was led by Nivedita Tiwari, Partner; Devesh Pandey, Partner; Shruti Kinra, Partner; Alina Arora, Partner; Pooja Ramchandani, Partner; J .V. Abhay, Partner; Ashoo Gupta, Partner; Suruchi Kumar, Partner; Apurva Zutshi, Partner; Leoni Mahanta, Principal Associate; Tweisha Mishra, Senior Associate; Subhojit Das, Senior Associate; Lakshya Gupta, Senior Associate; Sai Dharshini Venkatesan, Senior Associate; Noaman Mujahed, Senior Associate; Sampada Naik, Senior Associate; Anushka Ganguli, Associate; Arjun Yadav, Associate; Garima Tripathi, Associate; Mragank Shukla, Associate; Mrinal Sharma, Associate; Priti Rasam, Associate; Mahinder Udasi, Associate and Sanskriti Nigam, Associate.

The competition team was led by Manika Brar, Partner; Shivek Sahai Endlaw, Associate and Rohan Bhargava, Associate.

Varuna Law Associates represented the Promoters in the transaction.

The transaction team consisted of Mytri Indukuru (Partner) and Pranathi Karuturi (Associate).

Omega Hospitals is India’s second largest cancer-focused hospital chain with 10+ hospitals and a 1400+ bed capacity. With the fundraising, Omega plans to expand its footprint across Telangana, Andhra Pradesh and other neighboring states.

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