Khaitan & Co advised Ramkrishna Forgings Limited in relation to the preferential issue of 9,75,000 Warrants convertible into 9,75,000 Equity Shares of Face Value of INR 2 each at a price of INR 2,100 per Warrant aggregating to INR 204.75 crores to the Promoters.
Khaitan & Co acted as legal counsel to the Issuer and the Promoter Selling Shareholder in connection with the draft red herring prospectus filed by the Lalbaba Engineering Ltd in relation to its proposed initial public offering of equity shares aggregating up to 10,000 million comprising of fresh issue size aggregating up to 6,300 million and offer for sale size aggregating up to 3,700 million.
Khaitan & Co acted as Indian legal counsel for Augmont Enterprises Ltd in connection with initial public offer of equity shares of face value of INR 5 each for cash aggregating up to INR 8,000.00 million, consisting of fresh Issue of equity shares of face value of INR 5 each aggregating up to INR 6,200.00 million; and offer for sale of equity shares of face value of INR 5 each aggregating up to INR 1,800.00 million by the Promoter Selling Shareholders.
Khaitan & Co Advised the Book Running Lead Managers – DAM Capital Advisors Ltd, Ambit Pvt Ltd and Motilal Oswal Investment Advisors Ltd in connection with the initial public offering of equity shares of Saatvik Green Energy Ltd aggregating to INR 9,000 million, comprising both a fresh issue and an offer for sale.
Khaitan & Co acted as Indian legal counsel the book running lead managers, HDFC Bank Ltd, Axis Capital Ltd, ICICI Securities Ltd, Kotak Mahindra Capital Company Ltd and SBI Capital Markets Ltd in connection with the draft red herring prospectus filed by INDO-MIM Ltd in relation to its proposed initial public offering comprising of a fresh issue aggregating up to INR 10,000.00 million and an offer for sale of up to 129,674,393 equity shares of face value INR 1 each.
Khaitan & Co represented the Multiplex Association of India before the Karnataka High Court challenging the Karnataka Cinemas Regulation Amendment Rules 2025, that had introduced capping cinema ticket prices at INR 200. The Court stayed the amendment, pending further hearing on legislative competence, delegated powers and constitutional rights.
Khaitan & Co acted as legal counsel the book running lead managers (Axis Capital Ltd and IIFL Capital Services Ltd) as to Indian law in connection with the draft red herring prospectus filed by Purple Style Labs Ltd (Pernia’s Pop Up Shop) in relation to its proposed initial public offering of equity shares, comprising of a fresh issue of up to INR 6,600.00 million.
On September 8, 2025, the Securities and Exchange Board of India (SEBI) amended the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI SBEB Regulations), to permit employees of to-be listed companies who are identified as promoters in the draft offer documents of the respective companies to continue to hold options, stock appreciation rights or any other benefits under any schemes, that were granted at least one year prior to the filing of the draft offer document. <
Khaitan & Co acted as Indian legal counsel to all the Selling Shareholders in relation to initial public offering of equity shares of face value INR 1 each (“Equity shares”) of OnEMI Technology Solutions Ltd, comprising of a fresh issue aggregating to INR 10,000.00 million and an offer for sale of 8,879,575 Equity Shares by the Selling Shareholders.
Khaitan & Co acted as Indian legal counsel to the issuer, Vikram Solar Ltd and the promoter selling shareholders namely, Gyanesh Chaudhary and Vikram Capital Management Pvt Ltd in relation to initial public offering of equity shares by Vikram Solar Ltd.
The offer comprises of a fresh issue of INR 15,000.00 million and offer for sale of 17,450,882 equity shares by the selling shareholders, including an offer of 6,000,000 equity shares by Gyanesh Chaudhary, an offer of 1,500,000 by Vikram Capital Management Pvt Ltd and an offer of 9,950,882 equity shares by Anil Chaudhary.
