"Lalbaba Engineering Proposes ₹1,000 Crore IPO with Legal Guidance from Khaitan & JSA"

"Lalbaba Engineering Limited has announced a proposed initial public offering (IPO) of equity shares totaling up to ₹1,000 crore, which includes a fresh issue of ₹630 crore and an offer for sale of ₹370 crore. The company, known for its high-performance seamless tubes and precision forgings, is the largest manufacturer of cold-finished seamless tubes in India. Khaitan & Co is advising Lalbaba Engineering on the IPO, while JSA Advocates & Solicitors is advising the lead managers for the offering."

In a recent transaction, Khaitan & Co and JSA Advocates & Solicitors participated in advising Lalbaba Engineering Limited on its proposed initial public offering (IPO). Khaitan & Co provided legal assistance to Lalbaba Engineering and the Promoter Selling Shareholder, while JSA advised the Book Running Lead Managers involved in the IPO. Lalbaba Engineering has proposed an IPO of equity shares totaling up to ₹1,000 crore, which includes a fresh issue of up to ₹630 crore and an offer for sale of up to ₹370 crore. The company is recognized as India's largest manufacturer of cold-finished seamless tubes and the second largest overall for cold-finished steel tubes by installed capacity, as of August 31, 2025. The transaction team from Khaitan & Co included: - Aditya Cheriyan (Partner) - Oishik Bagchi (Partner) - Dipen Chatterjee (Partner) - Sanjeev Chowdhary (Principal Associate) - Keshav Tibarewalla (Senior Associate) - Dipsa Prasanth (Associate) - Nathaneal Buam (Associate) - Nibha Yadav (Associate) The team from JSA Advocates & Solicitors comprised: - Madhurima Mukherjee Saha (Partner) - Anuj Pethia (Partner) - Ambuj Gupta (Senior Associate) - Shivani Agrawal (Associate) - Priyanshi Bajaj (Associate) - Shirish Sachdeva (Associate) - Devyani Mishra (Associate)

"Lalbaba Engineering Proposes ₹1,000 Crore IPO with Legal Guidance from Khaitan & JSA"

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