"Duroflex Proposes ₹183.6 Crore IPO with Legal Support from Trilegal and Khaitan & Co"

"Duroflex Limited, a leading provider of sleep and comfort solutions in India, has proposed an initial public offering (IPO) worth ₹183.6 crore, including a fresh issue and an offer for sale by its promoters and Lighthouse India Fund III Limited. Trilegal is advising Duroflex on the IPO, while Khaitan & Co is advising the book running lead managers, JM Financial Limited and Motilal Oswal Investment Advisors Limited."

Trilegal and Khaitan & Co were the law firms involved in the transaction. Trilegal advised Duroflex Limited, while Khaitan & Co assisted the book running lead managers, JM Financial Limited and Motilal Oswal Investment Advisors Limited. The transaction involved Duroflex Limited proposing an initial public offering (IPO) of equity shares. The IPO comprised a fresh issue aggregating up to ₹183.6 crore and an offer for sale of up to 22,564,569 equity shares by the selling shareholders, including the Promoters, Lighthouse India Fund III Limited, and Lighthouse India III Employee Trust. The Trilegal team was led by Vijay Parthasarathi (Partner), with support from Harshvardhan Lahiri (Senior Associate) and Associates Lajja Mehta, Sheetal Kumar, Jahnavi Jayasimha Rao, and Jasmine Manekshaw. The Khaitan & Co team included Thomas George (Partner), Suman Prabhu (Partner), and Associates Jash Botadra, Varun Nair, Anand Sivasankaran, Shishir Mani Tripathi, and Anveeksha Anand.

"Duroflex Proposes ₹183.6 Crore IPO with Legal Support from Trilegal and Khaitan & Co"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads