Khaitan & Co acted as the legal counsel to the Book Running Lead Managers i.e., JM Financial Ltd, Axis Capital Ltd, Citigroup Global Markets India Pvt Ltd, Goldman Sachs (India) Securities Pvt Ltd and Morgan Stanley India Company Pvt Ltd as to Indian law in connection with the draft red herring prospectus filed by Advanta Enterprises Ltd, in connection with its initial public offering of equity shares comprising of an offer for sale by the selling shareholders of up to 36,105,578 equity shares.
The core team consisted of Chirayu Chandani (Partner), Vijayaraghavan (Partner), Hrithik Khurana (Senior Associate), Ira Pandya (Senior Associate), Arjun Kapur (Associate), Harshit Singh (Associate), Kaushlendra Palawat (Associate), Sairandhri Nawale (Associate) and Siddharth Jain (Associate).