Search Your Queries Related To Trilegal

Deal: QIP by PG Electroplast

16 Dec 2024

Cube Highway Image

Trilegal advised on the qualified institutions placement of equity shares by PG Electroplast Limited (“PG Electroplast”) aggregating to ~INR 15,0000 million (“QIP”), as sole counsel to the QIP. The QIP saw a strong response from various marquee investors.

PG Electroplast is an established original design manufacturer and contract manufacturer, for the consumer durables industry in India, with primary focus on manufacture of room air conditioners, washing machines and plastic moulding. It provides end – to – end solutions across the entire value chain, which include more than 19 leading domestic and international brands.

This was the second QIP undertaken by PG Electroplast. Trilegal advised PG Electroplast on its first QIP in September 2023.

JM Financial Limited acted as the placement agent on the QIP. The proceeds of the QIP are proposed to be used for repayment of debt of certain borrowings, working capital requirements, and capital expenditure.

The Capital Markets team advising on the deal was led by our Partner: Richa Choudhary and supported by Avanti Kale and Maitreya Rajurkar, Counsels; Sanya Chaudhari, Senior Associate; Shivayana Balodia, Kartikeya Anshu and Anay Jain, Associates.

Media coverage:

PG Electroplast Completes ₹1,500 Crore QIP at ₹699 Per Share

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 get in touch with

Anoop Siddak Singh Tuli
Mob: +91-9535377422 | BD@trilegal.com

Trending News

How the first-mover dilemma in competition law can be tackled

Law firms make a strong case for rehiring seasoned hands

Ultimate Guide to Secured Creditors’ Rights under the IBC post the...

SC ruling seen shaping Sebi’s fraud-finding frame

Lawyers see bigger raises as law firms defy India Inc pay slowdown

India moves to launch VCC regime in GIFT City, aiming to rival Singapore...

Why more companies are choosing SEBI’s confidential IPO filing route

Trilegal partners discuss how institutions depth, AI and cross-border ag...

Private-credit funds retune strategy as acquisition financing set to ope...

IPO Slowdown: Several new-age tech companies have put their stock market...

Trilegal Successfully Secured Permanent Injunctive Relief and Trademark ...

AI to turbocharge patent creation at India tech hubs, executives say

Why Pronto’s physical AI training pilot is drawing scrutiny

IT employees feel the squeeze as firms redraw salary structures under la...

Local legal eagles answer the 130-billion-dollar questions

Basecamp To Summit: The Pre-IPO Roadmap For Promoter Families

Estate planning: What is a settlement deed? Can it override a will? We e...

The quiet death of ADRs: Why investors no longer need Wall Street’s wind...

See Sector-Specific Opportunities In Distressed Assets: Trilegal’s...

Digital investment opportunities India-US thumbnail

Trilegal advised Green Infra and Sterling Agro in landmark SC ruling, st...

Legal heir vs nominee explained: Why estate planning is crucial before w...

Maintenance In Family Disputes: How Courts Decide The Amount

Will machines take the fall? Firms operating in AI-enabled markets need ...

The Indian Space Industry: Key Highlights from 2025

RBI’s misselling proposals may reshape how retail game is played h...

War slows IPOs, but startups keep bringing headquarters home

A new IPO playbook? What GIFT City offers that SME exchanges don’t

Indian expats worried as West Asian conflict shatters Gulf’s safe haven ...

Are prenups enforceable in India? 4 narrow pathways to legally bind pre-...

Investments in the Healthcare Industry in India

GST 2.0 for Intermediaries-Unlocking India’s Global Services Expor...

The Big Picture: CCI Merger Control Trends in the Pharmaceutical Sector

Supreme Court merger judgment

Budget 2026 banking review panel puts regulatory coordination in focus

PE and VC funds are changing their exit strategy: IPOs fall back as bloc...

Budget tax tweaks to revive buyback momentum of cash-rich IT large caps

Haryana Government revises conditions for the employment of women in night shifts

Why hospitals are targeting health insurance buyers

Trilegal advised Avathon Capital on the Indian aspects

In charts: From disputes to closures, the changing face of Indian tax co...

Trilegal press release announcement

Duty cut on personal imports to aid more cross-border e-commerce

Merger rollercoaster update

Budget 2026: Manufacturing gets a big push amid global headwinds

Education sector law thumbnail

No express lane: EU Gateway Office won’t give preferential treatme...

siac-new-opt

India–EU FTA to boost student, skilled worker mobility as US tightens visas

Budget 2026: Corporate Tax Extension To Customs Overhaul — Anticipated T...

The Tiger Global ruling: What it means

Tiger Global’s tax ruling casts pall on India’s buyout sector

India’s New Tax Act Reshapes the Fiscal Landscape for Businesses

Navigating India’s Merger Control Landscape: Insights for 2026

Real Industry Banner

For India’s gig workers, Modi reforms skip rights protections

Education sector law thumbnail

Labour Codes may spur hiring as firms get more flexibility to restructure

CCI competition law update

Why legacy planning in Indian businesses is moving beyond inheritance

Approach Paper on Regulation of Gen AI in India

Law firms prep for a deeper AI integration in 2026 as it enters workflows

Indian legal AI builds momentum at home, eyes global reach

Trilegal expansion news

India Inc to feel weight of bulkier payslips: Rise in cost of bonus, gra...

Haryana Government revises conditions for the employment of women in night shifts

Labour codes: Gratuity, leave encashment get a boost, maternity payout d...

SCs green clearance ruling recall could push ahead stalled projects

The summoned advocate: Supreme Court reaffirming principles of attorney-...

Trilegal advised NSEFI and DISPA in landmark Bombay High Court win resto...

Will nomination make me sole owner of the asset?

A new chapter in resolving non-cartel cases

Why you need a Will— and how to get it right

Antitrust settlements in India: A new regulatory chapter with emerging risks

With AI coming in, lawyers lose case for billable hours

Real estate depreciation: A smart way for property investors to reduce t...

Is power of attorney valid to sell a property if the original owner is m...

Foreign Arbitral Award: Easy To Win, Hard To Collect

A compelling case to reform criminal defamation laws in India

Insurance sector legal services thumbnail

Amid Sunjay Kapur’s inheritance battle, here’s what mistakes to avoid, a...

From Boardrooms to Courtrooms: Responding to Employee Data Theft

Sebi runs lean again as two whole-time member positions remain vacant

Haryana Government revises conditions for the employment of women in night shifts

Mauritius-based FPIs get tax relief as tribunal rules mutual fund units ...

India’s H-1B visa dependence has been on a clear decline in last 6...

From paperwork to pay checks: considerations for foreign businesses sett...

SEBI’s equity tag for REITs aligns India with global best practices

Mega-IPOs, tech listings, and sponsor-backed exit to power India’s equit...

Education sector law thumbnail

India: A Rising Academic Haven for Foreign Universities Amid Western Unc...

digital tug thumb

Digital tug of law: Mind the overlap of jurisdictions

Supreme Court merger judgment

Trilegal secures SC victory for CREDAI National and Godrej Properties in...

Nicknames, notoriety and IP: The fine print in celebrity branding

AI theft and legal advisory thumbnail

Copyright theft by AI? Don’t confuse creativity with dissemination

Non-competes fail to protect CXOs from poaching. India Inc. builds a str...

CCI competition law update

What a Schott! Apex Court Verdict on Key Concepts Under the Competition Act

IBC requires urgent reforms to meet demands across various sectors

Trilegal successfully represented CREDAI- Maharashtra Chamber of Housing...

A new legal architecture for nuclear power sector

Trilegal successfully represented CREDAI-MCHI and Slum Redevelopers Asso...

Deal: Trilegal advised CRED on USD 75 million Series G Funding round led by GIC, RTP Capital, and Sofina Ventures

Deepfakes are everywhere. But it is the harm, not the tech, that needs f...

SC validates PSU bond clause

Rising stars secure equity stakes at top law firms

Law firms and use of AI

Law firms need to rethink strategy for AI era with focus on innovation a...

Insurance sector legal services thumbnail

Cracking The Code: The Rights Of Nominees Of Insurance Policies Explained

Climate taxonomy update

Taxonomy for the Nation

India needs to take a unique approach to Gen AI regulation

India needs to take a unique approach to Gen AI regulation, says Trilega...

Geopolitics, tariffs trip up PE exits

Geopolitics, tariffs trip up PE exits

White Collar Chronicles

White Collar Chronicles – Chapter 2 – The Collusion

Antitrust settlements in India: A new regulatory chapter with emerging risks

Antitrust settlements in India: A new regulatory chapter with emerging r...

How this law firm is using AI to streamline legal practices

How this law firm is using AI to streamline legal practices

Trusteeship at a crossroads: Why regulation is key

Trusteeship at a crossroads: Why regulation is key

Pharma and medtech marketing: Navigating the imminent disclosure deadline

A new legal architecture for nuclear power sector

A new legal architecture for nuclear power sector

Law firms plot a new course through geopolitics

Law firms plot a new course through geopolitics

SC validates PSU bond clause

SC validates PSU bond clause; legal experts say private sector unlikely ...

IBC requires urgent reforms to meet demands across various sectors

IBC requires urgent reforms to meet demands across various sectors

Trilegal advised A91 Partners on their Fund III raise, which closed at $665 million

Strategic buyers and investors scouting for insolvency-affected cement a...

IBC requires urgent reforms to meet demands across various sectors

By Karishma Dodeja & Deepali Verma This is a link-enhanced version of an article that first appeared in Business Standard

SC judgement: A turning point for IBC compliance norms?

Inter-connection in Merger Control - Why should deal makers care

Inter-connection in Merger Control – Why should deal makers care

A new chapter in resolving non-cartel cases

A new chapter in resolving non-cartel cases

siac-new-opt

SIAC Rules 2025: Could Protective Preliminary Orders Face Enforcement Ch...

The Rights of Insurance Policy Nominees Need Legal Clarity

The Rights of Insurance Policy Nominees Need Legal Clarity | Mint

Supreme Court merger judgment

Decoding the Supreme Court’s decision: Implications for India’s merger c...

Merger rollercoaster update

The Indian merger control rollercoaster: 2024’s wild ride

virtual permanent establishment- a new nexus to tax

Virtual Permanent Establishment — A New Nexus to Tax?

Trilegal X Asian Legal Business Image

TrustLaw: For-Profit Social Enterprise on Social Stock Exchange

Trilegal expansion news

India’s Angel Tax — Two Steps Back, One Step Forward

Cube Highway Image

Jan Vishwas (Amendment of Provisions) Act, 2023

The ambiguity in the treatment of statutory dues under the Insolvency an...

Deemed thumb image

Regulatory Reforms Encouraging Green Investments in India

Bank thumb image

Early Detection and Reporting of Frauds in India: Widening the Regulator...

Marriage Equality and Indian Employment Law

Cube Highway Image

HKA-Trilegal Joint Publication

Trilegal X Asian Legal Business Image

Third-Party Funding: Treading on Thin Ice?

Stuck in Time and Law: Arbitral Appointments and the Post-CORE Conundrum...

Power conventional energy thumb image

Can police make you unlock your phone? It depends on how it’s locked

Data protection legal insights

Interview: ‘We see ourselves growing aggressively’

Deemed thumb image

Limitations Period Overview (India)

Blue, brown and orange building thumb image

Foreign Direct Investment in India

Bank thumb image

Stamp Of Invalidity Or Separate But Equal? The Indian Supreme Court Says...

Trilegal advised on the US$100 million drawdown by Muthoot Finance banner

Rewriting India’s decades-old technology laws in 2023

Trilegal expansion news

What is the DPI Approach?

Bluecircle thumb image

What’s in a name: SEBI standing guard against ESG greenwashing

Trilegal X Asian Legal Business Image

Rights of women in the workplace – laws every Indian employer should know

Moonlighting: Important considerations for organisations and employees

Power conventional energy thumb image

Key Considerations to Interpret the Supreme Court Judgment on the Eligib...

Data protection legal insights

Workplace equality in India

Bluecircle thumb image

Budget 2023: Top Six Tax Changes For The Digital Economy

Trilegal X Asian Legal Business Image

How to get the best out of collaboration between in-house counsels and l...

Successful fundraising for start-ups: A legal checklist

Trilegal advised on the US$100 million drawdown by Muthoot Finance banner

Proposed new labour codes in India – The Legal Industry Reviews

Trilegal X iTechLaw Budget image

Impact Investing as an emerging asset class and the regulatory response ...

Future workplaces: How Indian firms can manage compliance risks in the p...

Trilegal X Asian Legal Business Image

Considerations for successful merger and acquisition negotiations

Trilegal advised on the US$100 million drawdown by Muthoot Finance banner

How to comply with CERT-In’s new six-hour time frame to report cyb...

Power conventional energy thumb image

Understanding the Splinternet and addressing the business concerns it poses

Trilegal X iTechLaw Budget image

How to prepare for and manage risk and compliance issues arising from IP...

Data protection legal insights

FICCI Trilegal Knowledge Report ‘ESG – Into the Mainstream’: Thoughts an...

Discussion Paper: Streamlining multi-state labour compliances and future...

Disclaimer

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:

You are seeking information about Trilegal of your own accord and there has been no form of solicitation, advertisement or inducement by Trilegal or its members.
This website should not be construed as providing legal advice for any purpose.
All information, content, and materials available on this website are for general informational purposes only.
Any information obtained or material downloaded from this website is completely at the user’s volition, and any transmission, receipt or use of this website is not intended to, and will not, create any lawyer-client relationship.
Information on this website may not constitute the most up-to-date legal or other information. Trilegal is not liable for the consequences of any action taken by any person based on any material or information available on this website, or for any inaccuracy in or exclusion of any information or interpretation thereof.
Readers of this website or recipients of content or information available on this website should not act based on any or all such content or information, and should always seek advice of competent legal counsel licensed to practice in the appropriate jurisdiction.
Third party links contained on this website re-directing users to such third-party websites should neither be construed as legal reference / legal advice, nor considered as referrals to, endorsements of, or affiliations with, any such third party website operators.
The communication platform provided on this website should not be used for exchange of any confidential, business or politically sensitive information.
The contents of this website are the intellectual property of Trilegal.

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:

The types of information we collect and why we collect them.
How we use your information to provide a personalized experience.
The measures we take to ensure the security of your data.
Your rights and choices in managing your personal information.
How we may share information with trusted partners for specific purpose.

For more information, please read our terms of use and our privacy policy.