Alps Industries Limited was planning to set up an integrated textile mill at a cost of Rs. 200 million in 1994. The company wanted to raise funds from an IPO for this purpose and retained our services as Advisors to the Public Issue. We helped the client firm up the project details and structure a suitable means of finance. The public offering amounted to Rs. 120 million. We were actively involved with all major decisions such as size of issue, pricing, identification of Co-Lead managers, devising communication strategy and related activities. We made presentations to Mutual Funds for placement of equity of Rs. 20 million, and actively participated in all meetings with brokers and media all over India. The public offering was successfully made in April 1995 even though the capital markets were sliding at that time. The client subsequently retained our services for its expansion project for which we tied up loans for Rs. 87 million from Industrial Development Bank of India, a major financial institution of India. Small wonder that Alps had no hesitation in retaining our services again for their follow on equity offering of Rs. 320 million in 2005 and their maiden international equity offering of Rs. 965 million made to overseas funds in 2006. Both the assignments were executed successfully.