Trilegal Advised Safex Chemicals On Its Proposed INR 450 Crore IPO

Trilegal advised Safex Chemicals on its proposed INR 450 crore IPO

Trilegal advised Safex Chemicals (India) in connection with its filing of the draft red herring prospectus (DRHP) for its proposed initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating up to INR 450 crore and an offer for sale of up to 35,734,818 equity shares by the selling shareholders.

Safex Chemicals is a specialty chemicals company with a primary focus on agrochemicals. The company operates through three integrated business verticals: branded formulations, specialty chemicals, and contract development and manufacturing (CDMO). With a strong customer base of farmers and global agrochemical companies, Safex has built a robust presence across the entire agrochemical value chain.

The Trilegal Capital Markets team advising on the matter was led by Vinay Sirohia (Partner), with support from Harshvardhan Lahiri (Senior Associate), Vedansh Batwara (Senior Associate), Shubh Dutta Ojha (Associate), Samarth Bharadwaj (Associate), and Anandhakrishnan K. (Associate).

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