Khaitan & Co and Trilegal advise on SPR Auto Technologies ₹1,000 crore QIP

Khaitan & Co advised SPR Auto Technologies on its qualified institutional placement, while Trilegal advised the issue’s lead managers, Axis Capital Limited and Emkay Global Financial Services Limited. SPR Auto Technologies Limited (formerly Shriram Pistons & Rings) completed a qualified institutional placement of 2,336,448 equity shares aggregating to ₹1,000 crore. SPR Auto Technologies is one of India’s leading automotive component manufacturers, with a heritage of over five decades as part of the Shriram Group. The company has grown from a manufacturer of pistons, piston pins, piston rings and engine valves into a diversified, technology-driven engineering group offering a broad portfolio of powertrain and powertrain-agnostic products for the automotive and non-automotive sectors. Khaitan & Co represented SPR Auto Technologies with a team composed by: Gautham Srinivas (Partner), Sathvik Ponnappa (Partner), Pulkit Singh Rahangdale (Principal Associate), Avinash Gautam (Senior Associate), Associates Anushaka Sharma, Shambhavi Gautam and Rishav Khetan. Trilegal represented the lead managers, Axis Capital Limited and Emkay Global Financial Services Limited, with a team composed by: Vinay Sirohia (Partner), Shashwat Raj Solanki (Senior Associate), Associates Sheetal Kumar, Olivia De and Apoorva Chander; Trainee Associates Pratik Basistha and Sanchit Gupta.

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Khaitan & Co and Trilegal advise on SPR Auto Technologies ₹1,000 crore QIP

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Khaitan & Co and Trilegal advise on SPR Auto Technologies ₹1,000 crore QIP

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