Khaitan & Co Advised Axis Capital And IIFL Capital On Allied Engineering Works IPO

Khaitan & Co advised Axis Capital and IIFL Capital on Allied Engineering Works IPO

Khaitan & Co advised Axis Capital Limited and IIFL Capital Services Limited in connection with the initial public offering (IPO) of equity shares by Allied Engineering Works Limited. The IPO comprises a fresh issue of equity shares aggregating up to ₹4,000 million and an offer for sale of up to 7,500,000 equity shares.

The transaction marks a key milestone in Allied Engineering Works Limited’s growth journey as it aims to strengthen its market position and fuel future expansion plans through the proposed listing.

The Khaitan & Co team was led by Subhayu Sen (Partner) and Aayush Mohata (Partner), with support from Saisha Bacha (Senior Associate), Aastha Dhuppad (Associate), Vanshika Singh (Associate), Viraj Puri (Associate), and Yashvi Mohta (Associate).

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