Trilegal advised the merchant bankers, Edelweiss Financial Services Limited, DAM Capital Advisors Limited, Equirus Capital Private Limited, IDBI Capital Markets & Securities Limited and Systematix Corporate Services Limited on the initial public offering of equity shares by Inox Green Energy Services Limited (the “Offer”), one of the major wind power operation and maintenance service providers within India which is currently present in eight wind resource rich states. It is promoted by Inox Wind Limited, and is a part of the Inox GFL group of companies.
The Offer included a fresh issue of equity shares worth INR 3,700.00 million and an offer for sale of INR 3,700.00 million by the selling shareholder. The proceeds from the fresh issuance are proposed to be deployed towards repayment of certain loans and general corporate purposes
The Trilegal team advising on the deal was led by Partner, Richa Choudhary, and comprised Senior Associates, Avanti Kale, Pooja Sharma, and Associates, Sanya Chaudhari, Aayush Khandelwal, and Urmil Shah.
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year”by VCCircle Awards 2020; ‘Law Firm of the Decade’ at the RSG Grow India Summit and Awards 2019; one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020 and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020. Trilegal has also been recognised as one of the ‘Best Overall Law Firms in India’ as part of the India Business Law Journal Annual Indian Legal Awards 2021.
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