Trilegal, Verist Law, TT&A, Duane Morris act on Kanohar Electricals ₹1,055 crore IPO
Kanohar Electricals Limited has raised ₹1,055.7 crore from an initial public offering of equity shares comprising a fresh issue of equity shares and an offer for sale by K Sons Family Trust, the promoter selling shareholder. The offering also included a pre-IPO sale, pursuant to which the promoter selling shareholder sold equity shares aggregating to ₹200 crore to certain prominent long-term investors. Trilegal advised Kanohar Electricals on the IPO. The transaction was led by Richa Choudhary (Partner) and Murtaza Zoomkawala (Partner), with support from Rainika Malhotra (Senior Associate), Associates Rajat Chauksey, Pallavi Vuppu and Manya Sharma.
Sources
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