02 Apr 2026


Trilegal advised ICICI Securities, IIFL Capital Services, and Nuvama Wealth Management, the Book Running Lead Managers in connection with the INR 1,100 crore initial public offering by Powerica Limited.
Powerica is an integrated power solutions provider specialising in diesel generator sets, medium speed large generators, and related services. They operate under two distinct industries (i) generator set industry; and (ii) wind power industry. The transaction is notable for its differentiated positioning, with Powerica operating across both conventional diesel-based power solutions and an integrated wind energy platform spanning IPP, EPC and O&M services.
The Trilegal Capital Markets Team advising on the matter was led by Partners: Bhakta Patnaik and Albin Thomas; and supported by Counsel: Bhargavi Mahajan; Associates: Janhavi Shah, Tushar Chitlangia, Snehal Kaushal and Avni Mishra.
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 157 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,300 professionals across its Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City 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.

Deal: Trilegal advises Macquarie Corporate Holdings on the sale of Vibrant Energy to Inox Clean Energy

Deal: Trilegal advises Elliott Investment Management L.P. on CCI approval for its significant investment in Toyota Industries Corporation

The quiet death of ADRs: Why investors no longer need Wall Street’s window into India
Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:
We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:
For more information, please read our terms of use and our privacy policy.