Glass Wall Systems (India) Limited successfully secured ₹427.89 crore through its Initial Public Offering (IPO), which included both a fresh issue and an offer for sale by existing shareholders. This significant financial milestone was achieved with the expert guidance of several prominent legal firms.
Khaitan & Co’s Role in the IPO
Khaitan & Co provided legal counsel to Glass Wall Systems during this pivotal IPO. The legal team was spearheaded by Gautham Srinivas and Sathvik Ponnappa, both of whom serve as Partners at the firm. They were supported by Sanjeev Chowdhary, a Principal Associate, and Vanshika Chaudhry, a Senior Associate, along with Associates Anubhav Jaiswal and Dharini Shanker.
JSA Advocates & Solicitors’ Support to Lead Managers
JSA Advocates & Solicitors played an integral role by advising IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited, the book-running lead managers for the IPO. The transaction was managed by Arka Mookerjee, a Partner at JSA, with assistance from fellow Partners Pracheta Bhattacharya, Anshu Bansal, and Kairav Parikh. Their team also included Vatsla Varandani, a Senior Associate, and Associates Palak Karundia, Aditi Khandal, and Sharad Panwar.
International Legal Counsel by Hogan Lovells Cadwalader
Hogan Lovells Cadwalader was appointed as the international legal counsel for the book-running lead managers. The transaction team was led by Biswajit Chatterjee, who is the Head of the India Practice and the Managing Partner of the Dubai Office. He was supported by Kaustubh George, a Counsel, and Komal Israni, an Associate.
VERTICES Partners’ Contribution
VERTICES Partners provided legal counsel to the Promoter and Promoter Group of Glass Wall Systems. This aspect of the transaction was overseen by Vinayak Burman, the Founder and Managing Partner of VERTICES Partners. The team included Vishal Mehta, an Equity Partner, along with Vidhi Shah, an Associate Manager, and Stuti Jain, an Associate.
More Read
About Glass Wall Systems
Based in Mumbai, Glass Wall Systems is recognized as India’s leading facade fabricator. The company specializes in providing comprehensive architectural facade solutions, encompassing a full range of glazing systems and bespoke architectural metal works.
