We advised PG Electroplast Limited (“Company”) on its qualified institutions placement of equity shares aggregating to INR 5,000 million (“QIP”).
The Company is an established manufacturer for consumer durables in India. It provides end-to-end solutions across the entire value chain of the products it supplies to customers, which include more than 50 leading domestic and international brands.
The investment was anchored by various marquee investors, including the Government of Singapore, Societe Generale, Nippon India, and Pinebridge Global Funds. The book running lead managers to the QIP were JM Financial Limited and PhillipCapital (India) Private Limited.
The Trilegal team advising on the matter was led by Partner, Richa Choudhary, and comprised Counsel, Ronak Chawla, Avanti Kale, Senior Associate, Maitreya Rajurkar, and Associates Sanya Chaudhari, Urmil Shah and Mathangi K.
Media link:
PG Electroplast hits QIP route to raise Rs 500 crore, shares trade 3% higher (moneycontrol.com)
About Trilegal
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 India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 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.
For more information, please contact:
Sahil Wason
Mob: +91-8928008122 | BD@trilegal.com
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