PRESS RELEASE
1 July 2024

IndusLaw Deal Report | SLL IPO

I
CMS INDUSLAW

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.
Our firm advised Axis Capital, ICICI Securities, JM Financial, SBI Capital Markets (the Book Running Lead Managers) in relation to Initial public offer of equity shares of Stanley Lifestyles Limited of approximately INR 5,370 million.
India

Our firm advised Axis Capital, ICICI Securities, JM Financial, SBI Capital Markets (the Book Running Lead Managers) in relation to Initial public offer of equity shares of Stanley Lifestyles Limited of approximately INR 5,370 million, including an offer for sale of sale by Oman India, the promoters and other individual sellers aggregating to approximately INR 3,370 million1 .

Deal amount: INR 5,370 million (USD 65 million)

INDUSLAW Team:

Partners: Manan Lahoty, Manshoor Nazki and Priyadarshini Rao

Associates: Aditi Khandelwal, Esha Gupta, Rishi Nandkeolyar, Kanika Bakhna, Prakhar Jain

Other law firm advised:

  • Cyril Amarchand Mangaldas [Legal counsel to the Company and the Promoter Selling Shareholder]
  • Hogan Lovells Lee & Lee [Legal counsel to the Book Running Lead Managers as to United States federal securities law]
  • JSA Advocates & Solicitors [Legal counsel to Oman India]

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.

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