Deal Street

December 23, 2015

IPO of diagnostic chain


luthra-luthra

Luthra & Luthra Law Offices acted as legal counsel to diagnostic chain, Dr Lal PathLabs Limited on all aspects of Indian law in relation to the company’s Initial Public Offering (IPO).Wagner Limited, WestBridge Crossover Fund, LLC and Sanjeevini Investment Holdings were the existing private equity investors in the company.

The merchant banks on the transaction were Kotak Mahindra Capital Company Limited and Citigroup Global Markets India Private Limited. The transaction team from Luthra & Luthra was led by Partner Vishal Yaduvanshi, with continual guidance and support from Senior Partner Bobby Chandhoke.

This deal was significant as Dr Lal PathLabs Limited was the first full service diagnostic services company to undertake an IPO in India.

Related Post

latest News

  • Anonymous Complainant Had Blown The Whistle That ICRA Top Bosses Assigned High Ratings To IL&FS And Subsidiaries

    A Serious Fraud Investigation Office (SFIO) report has stated that an anonymous complaint had alleged that there were lapses when ICRA had assigned hi...

    Read More
  • Additional Solicitor General Tells Madras HC That Lawyers Have No Right To Be Appointed GST Appellate Tribunal Judges

    Lawyers do not have any right to be appointed as judges of tribunals, including the GST Appellate Tribunal, unless a statute specifically provides for...

    Read More
  • A Man of Few words and more Action: Professor N.R Madhava Menon leaves us with a legacy

    Dr N.R. Madhava Menon (NRM) passed away in the early hours of Wednesday at a private hospital in Thiruvananthapuram. He was 84. His demise leaves a vo...

    Read More
shares