31 Mar 2026
Deal: Trilegal advised Aspri Spirits on the proposed INR 1,400 million IPO
23 Dec 2025
23 Dec 2025
Trilegal acted as a sole counsel on the proposed initial public offering of equity shares by Aspri Spirits Limited (“Aspri”) comprising fresh issue of up to INR 1,400 million and an offer for sale of up to 5,000,000 equity shares by the selling shareholders.
Aspri is the largest alco-beverage distribution company in India, in terms of brand portfolio size. Its offerings include 323 brands such as Whyte & Mackay and Dalmore (scotch whiskey), Camus (cognac), Molinari (sambuca), Beluga (vodka), Black Tower (still wine), Henkell (sparkling wine) and Amarula (liqueur).
The syndicate of BRLMs comprised Motilal Oswal Investment Advisors Limited and Nuvama Wealth Management Limited.
The Trilegal Capital Markets team advising on the matter was led by Partner: Richa Choudhary; and supported by Counsels: Avanti Kale and Maitreya Rajurkar; Senior Associates: Sanya Chaudhari and Shivayana Balodia; and Associates: Siddhant Mishra, Yug Gambhir, Shreyansh Gupta, Harsh Handa, and Simran Sharma.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With 150 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,200 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.
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