Kanohar Electricals Limited has successfully raised ₹1,055.7 crore through its initial public offering (IPO), comprising both a fresh issuance of equity shares and an offer for sale by the K Sons Family Trust, the promoter selling shareholder. The IPO also featured a pre-IPO sale, in which the promoter selling shareholder divested equity shares amounting to ₹200 crore to select long-term investors.
Trilegal provided legal counsel to Kanohar Electricals for this IPO. The transaction was spearheaded by Partners Richa Choudhary and Murtaza Zoomkawala, supported by Senior Associate Rainika Malhotra, along with Associates Rajat Chauksey, Pallavi Vuppu, and Manya Sharma.
Verist Law represented the K Sons Family Trust, the promoter selling shareholder, in this IPO endeavor. Meanwhile, TT&A advised the book running lead managers, Nuvama Wealth Management Limited and IIFL Capital Services Limited. This team was led by Partner Abhinav Kumar, with contributions from Managing Associate Shubham Sancheti, Senior Associates Ayana Banerjee and Abhishek Iyer, and Associates Akshita Sharma, Keshav Yadav, Yash Bhandari, Nadiya Murshed, and Chinmaya Jain.
Duane Morris & Selvam acted as the international legal counsel for the book running lead managers.
Kanohar Electricals is recognized as one of India’s premier transformer manufacturers by revenue for Fiscal 2026. The company is known for serving sectors with high growth potential, such as power transmission, railways, renewable energy, and power distribution.
More Read
If you wish to have your Deals, Columns, or Press Releases published on Bar & Bench, please fill out the form available here.
