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Deal: Trilegal advises book running lead managers in the IPO of Prudent Corporate Advisory Services

20 May 2022

Trilegal advised the book running lead managers, ICICI Securities Limited, Axis Capital Limited, and Equirus Capital Private Limited, on the initial public offering (IPO) by Prudent Corporate Advisory Services Limited (the Company) of equity shares aggregating to INR 5.3 billion. The Company provides retail wealth management services in India and is amongst the top mutual fund distributors in terms of average assets under management and commission received. The IPO was oversubscribed, and listed at a premium over the offer price.

The Trilegal team was led by Partner – Richa Choudhary, and comprised Senior Associates- Avanti Kale, Arjun Rastogi, Maitreya Rajurkar, and Associate- Aditya D’Souza.

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