Baker McKenzie, Resolüt Partners and BAHR Advokatbyrå advised on Linjemontage’s Nasdaq Stockholm listing.
On 25 September 2026, the trading in Linjemontage i Grästorp AB’s (publ) shares commenced on Nasdaq Stockholm. The offering price in the offering was set to SEK 46 per share, corresponding to a market value of the company’s shares of approximately SEK 2.4 billion.
Linjemontage has more than 30 years of experience in developing, building and modernizing power infrastructure across the Nordic region. With more than 400 employees across more than 20 locations in Sweden, Norway, Croatia, and India, the company delivers projects with a strong focus on quality, safety and long-term customer relationships
Kalpataru Projects International Limited continued to hold approximately 66% of Linjemontage through a wholly owned subsidiary following the listing.
The transaction marks a significant milestone for Linjemontage, which is the first foreign subsidiary of an Indian company to be listed on Nasdaq Stockholm.
ABG Sundal Collier acted as Sole Global Coordinator and Joint Bookrunner, while Pareto Securities acted as Joint Bookrunner
Baker McKenzie acted as legal advisor to Linjemontage in connection with the offering and listing.
The capital markets team consisted of Henric Roth, Oscar Bang, Simon Olofsson, Thea Hansson, Carl Bohman and Linnea Back.
Resolüt Partners aadvised Linjemontage i Grästorp AB, on Indian securities law and corporate governance matters in connection with its initial public offering and listing on Nasdaq Stockholm.
The deal team comprised Sharia Shoaib, Samaahith Addoor and Shreyas Bhushan.
BAHR Advokatbyrå AB was legal adviser to the Sole Global Coordinator and the Joint Bookrunners in connection with the offering.