Ganesh Consumer Products Limited - Initial public offering
Khaitan & Co advised Ganesh Consumer Products Limited on their Initial public offering aggregating to INR 4,087 million, which included both a fresh issue and an offer for sale.
Khaitan & Co advised Ganesh Consumer Products Limited on their Initial public offering aggregating to INR 4,087 million, which included both a fresh issue and an offer for sale.
Khaitan & Co advised Kusumgar Ltd in relation to their pre-IPO round, which saw investments from WhiteOak, Motilal Oswal, Edelweiss and Spark.
The Firm advised on all aspects of the transaction including advisory on structuring aspects, drafting and negotiation of transaction documents and assisting with the closing of the transaction.
Khaitan & Co advised TCC Concept Ltd in its acquisition of 95.18% stake in Pepperfry Ltd (“Pepperfry”), India's largest omnichannel furniture and home goods marketplace, from its existing shareholders. Pepperfry is engaged in running a well-known Indian online marketplace for furniture and house décor.
Khaitan & Co advised CoinDCX in relation execution of definitive agreement for the proposed investment by Coinbase in CoinDCX to be completed subject to regulatory approvals and customary closing conditions.
Khaitan & Co advised Lighthouse Advisors India Pvt Ltd on primary and secondary investment by Lighthouse India Fund IV AIF in Hunger Inc Hospitality Pvt Ltd (owns and operates 'The Bombay Canteen', 'O Pedro', 'Papa's', 'Veronica's' and 'Bombay Sweet Shop' restaurants and cafes). The total fund raised is INR 220 crores.
The Delhi High Court (Division Bench) has granted an injunction restraining the use of the trademark “WOW BURGER” in India, finding it to be infringing upon the “WOW” series of marks owned by Wow Momo Foods Pvt Ltd.
Khaitan & Co advised the Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Ltd, J.P. Morgan India Pvt Ltd, Morgan Stanley India Company Pvt Ltd, Axis Capital Ltd and Citigroup Global Markets India Pvt Ltd, on the filing of the updated draft red herring prospectus-I for the proposed initial public offering of equity shares of Meesho Ltd comprising of a fresh issue aggregating to INR 42,500 million and an offer for sale of up to 175,696,602 equity shares.
Khaitan & Co acted as the legal counsel to the Book Running Lead Managers i.e., Axis Capital Ltd, IIFL Capital Services Ltd, JM Financial Ltd and SBI Capital Markets Ltd, on the initial public offering of Rubicon Research Ltd (a General Atlantic backed company) aggregating to INR 13,775 million, comprising of a fresh issue and an offer for sale by General Atlantic Singapore RR Pte. Ltd., the promoter selling shareholder.
Khaitan & Co advised ABC Impact (a member of Temasek Trust Asset Management) an existing shareholder, in its further primary investment in Vedantu Innovations Pvt Ltd, an education technology company.
Khaitan & Co advised Vitruvian Partners on an equity investment of INR 800 crores (approximately USD 92 million) by funds managed by Vitruvian Partners, through Vitruvian Partners’ Singapore platform, in Hiranandani Financial Services Pvt Ltd Hiranandani Financial Services is a non-banking finance company registered with the Reserve Bank of India and it provides small ticket loans against property to micro, small and medium enterprises (MSME) borrowers to support their business expansion and working capital requirements.