Trilegal, Verist Law, TT&A and Duane Morris & Selvam act on Kanohar Electricals IPO

Trilegal acted as legal counsel to Kanohar Electricals Limited (“Kanohar Electricals”) in connection with its initial public offering of equity shares (the “IPO”). The IPO comprised a fresh issue of equity shares and an offer for sale by K Sons Family Trust, the promoter selling shareholder, raising aggregate proceeds of 1,055.7 crore. The offering also included a pre-IPO placement by the promoter selling shareholder of equity shares aggregating 200 crore to certain long-term investors.

Verist Law acted as legal counsel to K Sons Family Trust, the promoter selling shareholder, in connection with the IPO. TT&A advised Nuvama Wealth Management Limited and IIFL Capital Services Limited, the book running lead managers, on the transaction. Duane Morris & Selvam served as international legal counsel to the book running lead managers.

The Trilegal transaction team was led by Richa Choudhary (Partner) and Murtaza Zoomkawala (Partner), and consisted of Rainika Malhotra (Senior Associate), Rajat Chauksey (Associate), Pallavi Vuppu (Associate) and Manya Sharma (Associate).

The TT&A transaction team was led by Abhinav Kumar (Partner), and consisted of Shubham Sancheti (Managing Associate), Ayana Banerjee (Senior Associate), Abhishek Iyer (Senior Associate), Akshita Sharma (Associate), Keshav Yadav (Associate), Yash Bhandari (Associate), Nadiya Murshed (Associate) and Chinmaya Jain (Associate).