Trilegal is acting as a legal advisor to Ardee Engineering Limited and the promoter selling shareholder in connection with its Initial Public Offering (IPO). The Book Running Lead Managers are IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and JM Financial Limited.
Ardee is an integrated design, engineering, and manufacturing company based in India that serves some of the largest globally recognised clients.
The proposed IPO comprises a fresh issue aggregating up to ₹5,000 million and an offer for sale by the promoter selling shareholder aggregating up to ₹800 million.
Trilegal is providing comprehensive legal advisory services throughout the process, assisting Ardee and the promoter selling shareholder in the IPO and navigating the regulatory requirements.
The Trilegal Capital Markets team advising on the mandate was led by Abhinav Maker, Partner; and supported by Ajo Jomy, Senior Associate; and Debarpita Pande and Maniya Goyal, Associates.
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