Trilegal and TT&A advised on APAR Industries’ INR 2,500 crore QIP. APAR Industries Limited completed a Qualified Institutions Placement (QIP) of equity shares aggregating to INR 2,500 crore. The QIP comprised the allotment of 16,88,618 equity shares at a price of ₹14,805 per equity share to eligible Qualified Institutional Buyers. ICICI Securities and Motilal Oswal acted as the placement agents/lead managers for the offering.
Trilegal advised APAR Industries Limited, the issuer, on the QIP.
The Capital Markets team was led by Partners Bhakta Patnaik and Albin George Thomas, and comprised Counsel Malika Grewal, Senior Associate Jahanvi J., and Associates Bhoomi Sandesara, Snehal Kaushal, Mukund Bali and Amisha Dubey.
Talwar Thakore & Associates (TT&A) advised ICICI Securities and Motilal Oswal Investment Advisors Limited, the lead managers, on the QIP.
The team comprised Partner Abhinav Kumar, Managing Associate Shubham Sancheti, Senior Associate Aditya Jain, and Associates Akshita Sharma, Mihika Ambikar and Swati T.
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.
