Our firm advised Borosil Limited in relation to the Qualified Institutional Placement of its equity shares.1
This is the first QIP, post amendment to the SEBI listing regulations, where the offering was completed within a day of launch.
Deal value: INR 1,500 million (approx.)
Book Running Lead Manager: ICICI Securities Limited
INDUSLAW team:
Ravi Dubey (Partner), Anshul Roy (Partner), Mansi Jhaveri (Principal Associate), Anjali Menon (Principal Associate), Anuj Kumar Gupta (Associate), Aditi Khandelwal (Associate), Bhaskar Kumar (Associate), Esha Gupta (Associate) and Megha Rajesh (Associate).
Other law firms involved:
- Crawford Bayley and Co - Book Running Lead Managers
- Hogan Lovells Lee & Lee - International legal counsel to the Book Running Lead Manager with respect to selling and transfer restrictions
Footnotes
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