Khaitan & Co advised Axis Capital Ltd and IIFL Capital Services Ltd on the initial public offering of equity shares by Allied Engineering Works Ltd. The transaction involves a fresh issue of Equity Shares aggregating up to ₹ 4,000 million and an offer for sale of up to 7,500,000 Equity Shares.
Khaitan & Co acted as legal counsel to Kalpataru Ltd in relation to the initial public offering of equity shares aggregating to INR 15,900.00 million. The book running lead managers to the issue were ICICI Securities Ltd, JM Financial Ltd and Nomura Financial Advisory and Securities (India) Pvt Ltd.
Khaitan & Co advised Aranda Investments Pte. Ltd. and Macritchie Investments Pte. Ltd. (Temasek entities) on corporate and IPO related aspects in connection with the filing the draft red herring prospectus by Pine Labs Limited for the proposed IPO comprising of a fresh issue aggregating INR 26,000.00 million and an offer for sale of equity shares.
The IPO filing was achieved after successful reverse flip of Pine Labs to India.
Khaitan & Co advised the Book Running Lead Managers - JM Financial Ltd, Axis Capital Ltd., Citi India and HSBC Securities and Capital Markets India on filing the DRHP by Tenneco Clean Air India for its proposed IPO.
Khaitan & Co advised Credila Financial Services Ltd on filing the Updated Draft Red Herring Prospectus – I in connection with its proposed initial public offering aggregating to ₹50,000.00 million comprising of a fresh issue aggregating up to ₹30,000.00 million and an offer for sale aggregating up to ₹20,000.00 million.
Khaitan & Co advised the Book Running Lead Managers - JM Financial Ltd, IIFL Capital Services Ltd and Nuvama Wealth Management on an INR 4,996 million IPO of ArisInfra Solutions. This included a pre-IPO placement of equity shares aggregating to INR 800 million.
Khaitan & Co advised Kaynes Technology India Ltd on the Qualified institutions placement of 28,72,788 equity shares of INR 10 each, issued at INR 5,569.50 per Equity Share, including a premium of INR 5,559.50 per Equity Share, aggregating to ~INR 16000 million. The transaction was lead managed by Motilal Oswal Investment Advisors Ltd and Axis Capital Ltd.
Khaitan & Co advised Jefferies India and IIFL Capital Inc. on the secondary sale of equity shares held by TPG Asia in Sai Life Sciences Ltd, through a block sale, for a total consideration of INR 1,505 crores.
Khaitan & Co advised Capillary Technologies and its promoter on filing the DRHP for its proposed IPO, comprising a fresh issue of up to INR 4,300 million and an offer for sale by certain shareholders.
Khaitan & Co acted as sole legal counsel to Max India Ltd in relation to issue of up to 82,81,973 fully paid-up equity shares of face value of INR 10 each of Max India Ltd (the “Rights Equity Shares”) for cash at a price of INR 150 per Rights Equity Share (including a premium of INR 140 per Rights Equity Share) aggregating up to INR 12,422.96 lacs on a rights basis to the eligible equity shareholders of Max India Ltd.
