Trilegal advised DAM Capital, ICICI Securities and IIFL Securities, the book running lead managers, on the initial public offering of equity shares by Syrma SGS Technology Limited. The Offer included a fresh of equity shares amounting to INR 7,660 million and an offer for the sale of INR 741.26 million by a promoter selling shareholder.
Syrma SGS Technology, incorporated in 2004, is a Chennai-based technology-focused engineering and design company engaged in turnkey electronics manufacturing services.
The Trilegal team was led by Partners, Bhakta Patnaik and Brajendu Bhaskar (Capital Markets). Other attorneys who assisted on the deal were, Arjun Rastogi, Senior Associate; Jahanvi Jain and Arsh Sinha, Associates.
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