Dain Colour Chem Limited has initiated the process for its Initial Public Offering (IPO) by submitting a Draft Red Herring Prospectus to the Bombay Stock Exchange (BSE). The company plans a book-built offer for a fresh issuance of 3,100,000 shares with a projected offer size exceeding ₹30 crore.
Legacy Law Offices is providing legal counsel to Dain Colour Chem, as well as to the Book Running Lead Manager, Horizon Management Pvt Ltd, in this significant IPO undertaking. The legal team managing this transaction is spearheaded by Associate Partner Priya Kataria, with contributions from Counsel Naman Anand and Associates Meghna Shukla, Pavitra Balgi, and Geetika Joshi. Strategic guidance is being offered by Partner Surbhi Narang.
Dain Colour Chem is known for its expertise as an integrated manufacturer specializing in synthetic food colors and specialty color solutions. The company boasts over ten years of experience in the color manufacturing sector, serving a wide range of industries including food and beverage, pharmaceuticals, cosmetics, personal care, animal feed, and other industrial applications.
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