Trilegal and Talwar Thakore & Associates (TT&A) advised on Assetz Limited’s proposed IPO.

Assetz Limited, a Bengaluru-based residential real estate developer focused on the premium housing segment, has confidentially filed its pre-filed draft red herring prospectus (P-DRHP) with SEBI for its proposed initial public offering.

The proposed IPO comprises a fresh issue of equity shares aggregating up to INR 6,300 million and an offer for sale of up to 29,079,263 equity shares by existing shareholders.

Trilegal advised Assetz Limited and certain selling shareholders on all aspects of the proposed IPO.

The Capital Markets team was led by Partner Vijay Parthasarathi, supported by Senior Associate Pragya Gupta and Associates Sheetal Kumar, Shubh Dutta Ojha, Olivia De, Hanna Robin Vettoor, and Krishnapriya Mohan.

The Real Estate team was led by Partners Mridul Kumbalath and Arnav Nagalia, supported by Counsel Ganashruthi M U, Senior Consultant Yunus Nawab, and Associates Rajat K. And Suhaschandra B S.

TT&A advised JM Financial Limited, BofA Securities India Limited, and Motilal Oswal Investment Advisors Limited, acting as the book running lead managers, in connection with the confidential filing of the pre-filed draft red herring prospectus.

The TT&A team comprised Partner Abhinav Kumar, Managing Associate Shubham Sancheti, Senior Associate Ayana Banerjee, Associates Keshav Yadav, Akshita Sharma, and Basil Gupta, and Paralegal Muskan Gawade.