Trilegal Advised Marri Retail On Its Proposed Initial Public Offering

Trilegal advised Marri Retail on its proposed initial public offering

The leading law firm,Trilegal advised Marri Retail on its proposed initial public offering (IPO) of equity shares. The offering comprises a fresh issue aggregating up to INR 5,220 million by Marri Retail and an offer for sale of up to 27,000,000 equity shares by the promoter selling shareholder.

Marri Retail is a leading apparel and jewellery retailer operating stores under multiple brands catering to family needs for weddings, festive occasions, and everyday use. The company operates 34 stores across 26 districts in Telangana, Andhra Pradesh, Karnataka, and Maharashtra.

Trilegal provided comprehensive legal support in connection with the proposed IPO, including assistance on transaction structuring, documentation, and regulatory compliance.

The Trilegal Capital Markets team advising on the transaction was led by Vinay Sirohia (Partner), and comprised Saurav Das (Senior Associate), Sheetal Kumar (Associate), Amisha Vinod Kamane (Associate), Shubh Dutta Ojha (Associate), and Vansh Dhoka (Associate).

In addition, Tanmay Patnaik (Partner), Raj Chheda (Counsel), and Sidharth Rathore (Associate) assisted on certain aspects of promoter family restructuring, including the establishment of a private family trust.

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