Shardul Amarchand Mangaldas & Co. advises Anupam Rasayan India Limited in its initial public offering of equity shares
March 26, 2021
Shardul Amarchand Mangaldas & Co. advised Anupam Rasayan India Limited in its initial public offering of equity shares. The issue constitutes 13.73% of the post-issue paid-up equity share capital of Anupam Rasayan India Limited. The deal is valued at USD 104.71 million. The date of listing was 24 March 2021.
Anupam Rasayan India Limited is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India. The Issue was oversubscribed 44.06 times with strong investor participation.
The transaction team was led by Prashant Gupta, National Practice Head – Capital Markets; Sayantan Dutta, Partner; Trishita Dasgupta, Senior Associate; Ajo Jomy, Associate; Jayant Bhardwaj, Associate; and Koshy Mammen, Associate.
Khaitan & Co and Squire Patton Boggs (MEA) LLP advised Axis Capital Limited, Ambit Private Limited, IIFL Securities Limited and JM Financial Limited on Indian and International legal aspects, respectively.
The Bar Council of India does not permit solicitation of work and advertising by legal practitioners and advocates. By accessing the Shardul Amarchand Mangaldas & Co. website (our website), the user acknowledges that:
The user wishes to gain more information about us for his/her information and use. He/She also acknowledges that there has been no attempt by us to advertise or solicit work.
Any information obtained or downloaded by the user from our website does not lead to the creation of the client – attorney relationship between the Firm and the user.
None of the information contained in our website amounts to any form of legal opinion or legal advice.
All information contained in our website is the intellectual property of the Firm.