Lalbaba Engineering's Proposed IPO
Lalbaba Engineering Limited has proposed an initial public offering of equity shares aggregating up to ₹1,000 crore.
The IPO comprises a fresh issue size of up to ₹630 crore and an offer for sale size of up to ₹370 crore.
Advisors
- Khaitan & Co advised Lalbaba Engineering and the Promoter Selling Shareholder.
- JSA Advocates & Solicitors advised the Book Running Lead Managers, including IIFL Capital Services Limited, Motilal Oswal Investment Advisors Limited, and Nuvama Wealth Management Limited.
The transaction team from Khaitan & Co included Aditya Cheriyan, Oishik Bagchi, Dipen Chatterjee, Sanjeev Chowdhary, Keshav Tibarewalla, Dipsa Prasanth, Nathaneal Buam, and Nibha Yadav.
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Author's summary: Lalbaba Engineering proposes ₹1,000 crore IPO.