Trilegal, Cyril Amarchand Mangaldas, Hogan Lovells Cadwalader act on ARCIL ₹732 crore IPO
Asset Reconstruction Company (India) Limited has raised ₹732.9 crore from an initial public offering comprising an offer for sale by selling shareholders, Avenue India Resurgence, State Bank of India, Lathe Investments and Federal Bank. Trilegal advised ARCIL on this IPO. The transaction team included Bhakta Patnaik (Partner), Albin Thomas (Partner), Somya Jena (Senior Associate), Associates Akanksha Goel, Tushar Chitlangia and Adhish Mohanty. Trilegal also advised State Bank of India in connection with its participation as a selling shareholder in the IPO.
Sources
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