Trilegal Advised Ardee Engineering On Its IPO For INR 5800 Million

Trilegal advised Ardee Engineering on its IPO for INR 5800 million

Trilegal advised Ardee Engineering Limited (“Ardee”) and the promoter selling shareholder on its Initial Public Offering (IPO). The Book Running Lead Managers to the IPO are IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and JM Financial Limited.

Ardee is an integrated design, engineering, and manufacturing company based in India, serving several globally recognised clients.

The proposed IPO comprises a fresh issue aggregating up to INR 5,000 million and an offer for sale by the promoter selling shareholder aggregating up to INR 800 million.

Trilegal provided comprehensive legal advisory services throughout the process, assisting Ardee and the promoter selling shareholder in the IPO and navigating regulatory requirements.

The Trilegal Capital Markets Team advising on the mandate was led by Abhinav Maker (Partner), with support from Ajo Jomy (Senior Associate), Debarpita Pande (Associate), and Maniya Goyal (Associate).

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