December 14, 2024 marked a new milestone for the Capital Markets practice of Legacy Law Offices LLP as the Draft Red Herring Prospectus (DRHP) of two highly reputed industry leaders were filed before the Bombay Stock Exchange.
Issuer No. 1, Surifresh Extracts Limited is a leading player in the fresh fruit juice category and specialized in the distribution, import, and manufacturing of premium fresh produce. It is carrying out its Initial Public Offering (IPO) comprising the fresh issue of approximately 3.15 lakh shares aggregating upto Rs. 50 Crores.
Issuer No. 2 Nakshatra Asset Ventures Limited is a boutique entity for Stressed Asset Resolution through Acquisition & Advisory thereon, offering spectrum of solutions for all stakeholders involved including borrowers, lenders & various intermediaries such as Asset Reconstruction Companies (ARCs). The Issuer is also a sponsor of two SEBI registered Alternative Investment Funds. The proposed IPO comprises a fresh issue of approximately 2.66 Lakh shares and an offer for sale of 42.99 thousand shares by the Selling Shareholders, aggregating up to Rs. 150 Crores.
Services rendered by the Team of Lawyers included legal due diligence, compliance advisory, drafting and vetting of documents and other related services for ensuring the successful filing of the DRHP. With a limited timeframe to ensure compliance, the team ensured timely resolution and due diligence to overcome the challenges of complex and strict industry landscape for successful DRHP filing of the issuer companies.
Meet the Team
The team responsible for rendering professional legal services in a remarkably short span of time included Ms Shalini Munjal (Co-Managing Partner), Mr Amarendra Gogoi (Partner), Mr Pradyun Chakravarty (Principal Associate Advocate) and Mr Nandish Munjal (Associate Advocate).
About Legacy Law Offices LLP
Legacy Law Offices LLP, a Top-Tiered Law Firm was established in 2006 and is based out of Delhi, Chandigarh and Mumbai with associate and representative offices across India as well as in Riyadh, the Kingdom of Saudi Arabia. With a cumulative headcount of over 70 professionals, the Law Firm offers quality legal services in a variety of practice areas and holds a prominent position in the legal domain. Legacy Law Offices LLP and its lawyers are also widely ranked and recognized across the board, in directories including Chambers & Partners (Global & Asia-Pacific), Legal 500, IFLR1000, AsiaLaw, Benchmark Litigation, India Business Law Journal, and many others.