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

  • Interest accrued in Provident Fund account after termination of employment is taxable: ITAT

    A recent ruling of Income Tax Appellate Tribunal (ITAT) has held that interest in Provident Fund (PF) earned post cessation of employment shall be con...

    Read More
  • SEBI Likely To Use Section 11 (B) Against Rating Agencies

    The Securities & Exchange Board of India (SEBI) is likely to issue a fresh show-cause notice to credit rating agencies under Section 11 (B) of the SEB...

    Read More
  • Central Bureau Of Investigation Files Charge Sheet Against Promoters Of Vindhyawasini Group In SBI Bank Fraud Case

    The Central Bureau of Investigation (CBI) has filed a charge sheet against directors and promoters of the Vindhyavasini group after its probe into a R...

    Read More
shares