Trilegal, Shardul Amarchand Mangaldas & Co (SAM) and Latham & Watkins advised on Zetwerk’s ₹5,012 crore IPO.
Zetwerk Manufacturing Businesses Limited, a technology-led manufacturing platform serving customers across sectors including utilities, renewables, electronics, artificial intelligence and defence, undertook an initial public offering (IPO) aggregating to ₹5,012 crore (approximately US$529 million) on the National Stock Exchange of India (NSE) and the BSE (formerly Bombay Stock Exchange).
Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, Avendus Capital Private Limited, JM Financial Limited, HSBC Securities and Capital Markets (India) Private Limited, and Pantomath Capital Advisors Private Limited acted as the book-running lead managers in the transaction.
Trilegal advised Zetwerk Manufacturing Businesses Limited on the proposed initial public offering of its equity shares.
The Capital Markets team was led by Partners Vijay Parthasarathi and Vinay Sirohia, and comprised Senior Associate Harshvardhan Lahiri and Associates Prajna Kariappa, Lajja Mehta, Sanath Rajesh, Amisha Kamane and Hanna Vettoor.
The Trilegal Corporate team was led by Partners Kosturi Ghosh and Adhunika Premkumar, and supported by Associates Shreejith R. And Aayush Gupta.
Shardul Amarchand Mangaldas & Co (SAM) advised the book-running lead managers (BRLMs) on the IPO.
The capital markets team advising the BRLMs was led by Partners Nikhil Naredi and Krupa Brahmbhatt, with support from Senior Associate M. Koshy Mammen and Associates Dhanashree Singe, Shariba Tasneem, Abhit Tanay and Arpitha Krishnan.
The disputes team, comprising Partner Shruti Sabharwal, Principal Associate Shalin Jani and Senior Associate Anant Narayan Misra, also assisted in successfully preventing a challenge to the IPO.
Latham & Watkins advised the book-running lead managers on Zetwerk Manufacturing Businesses Limited’s US$529 million IPO.
The Latham team was led by Singapore Partner Rajiv Gupta and Hong Kong Partner Dominik Sklenar, with Associates Jay Watanatornpitak, Kay Howe Lee and Helan Sun. Chicago Partner Enrique Rene de Vera provided advice on tax matters.
