Trilegal and CMS IndusLaw advised on Eswari Global Metal Industries Limited’s proposed INR 5,000 million IPO.
The proposed IPO comprises a fresh issue of equity shares aggregating up to INR 5,000 million and an offer for sale of up to 13,209,451 equity shares by the existing shareholders. The Company filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India on 28 June 2026.
Eswari Global Metal Industries Limited is an integrated multi-metal recycling and value-added manufacturing company with a legacy spanning nearly 39 years. The Company operates across lead, aluminium, copper, tin and plastic product segments, catering to battery manufacturing, automotive, industrial and allied sectors across domestic and international markets. It is the only Indian company holding London Metal Exchange accreditation for two purity grades of lead.
Trilegal is advising Eswari Global Metal Industries Limited and its promoters/selling shareholders in connection with the proposed initial public offering of equity shares of the Company.
The Trilegal Capital Markets Team was led by Partner Abhinav Maker, with support from Senior Associate Maniya Goyal and Associates Ipsita Sahoo, Mrinal Kumar, K Prashant Agrawal, and Tejas Kothari.
CMS IndusLaw is advising DAM Capital Advisors Limited, ICICI Securities Limited and Motilal Oswal Investment Advisors Limited, the Book Running Lead Managers (BRLMs), in relation to the proposed IPO.
The CMS IndusLaw team comprised Partner Mathew Thomas, Principal Associate Shambhavi Kumar, Associates Khushi Dua, Priti Gokhale, Anoushka Sud, Nikita Srivastava and Sahil Mehta.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
