PRESS RELEASE
27 December 2024

Deal Details: Kalpataru Projects International Limited | Qualified Institutions Placement

KC
Khaitan & Co LLP

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  • A leading full-service law firm with over 560 professionals with Pan-India coverage through offices in Mumbai, Delhi, Bengaluru and Kolkata
  • Lawyers and trusted advisors to leading business houses, multinational corporations, global investors, financial institutions, governments and international law firms
  • Responsive and relationship driven approach to client service on critical issues and along the business life cycle
  • Specialists with deep sector, domain and jurisdictional knowledge to provide effective business solutions
Khaitan & Co acted as legal counsel to Kalpataru Projects International Limited for Indian law in relation to its qualified institutions placement of equity shares aggregating to INR 1,000 crores
India

Khaitan & Co acted as legal counsel to Kalpataru Projects International Limited for Indian law in relation to its qualified institutions placement of equity shares aggregating to INR 1,000 crores. The Book Running Lead Managers to the Issue were ICICI Securities Limited and Avendus Capital Private Limited. This marks the first equity raise by Kalpataru Projects International Limited in over a last decade. The QIP received overwhelming response from marquee global and domestic investors.

The core team consisted of Madhur Kohli (Partner), Vaibhav Mittal (Partner), Aastha Ulhas Dhuppad (Associate), Nibha Yadav (Associate), Srishti Jain (Associate), Vanshika Singh (Associate) and Varshini Puni (Associate) with assistance from Anshul Mordia..

Media Links / Press Releases:

https://economictimes.indiatimes.com/markets/stocks/news/kalapataru-projects-international-raises-about-rs-1000-cr-via-share-sale-on-qip-route/articleshow/116397498.cms

https://www.ndtvprofit.com/markets/kalpataru-projects-raises-rs-1000-crore-through-qip

https://www.zeebiz.com/companies/news-kalpataru-projects-international-kpil-has-raised-rs-1000-crore-through-issuance-83-26-lakh-equity-shares-qualified-institutions-placement-qip-333413 https://www.business-standard.com/markets/capital-market-news/kalpataru-projects-launches-qip-with-floor-price-of-rs-1-214-98-sh-124121300317_1.html

Contributor

  • A leading full-service law firm with over 560 professionals with Pan-India coverage through offices in Mumbai, Delhi, Bengaluru and Kolkata
  • Lawyers and trusted advisors to leading business houses, multinational corporations, global investors, financial institutions, governments and international law firms
  • Responsive and relationship driven approach to client service on critical issues and along the business life cycle
  • Specialists with deep sector, domain and jurisdictional knowledge to provide effective business solutions

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