Prudent Corporate Advisory Services’ INR 5.3 Billion IPO

Trilegal advised the book running lead managers on the initial public offering by Prudent Corporate Advisory Services Limited (the Company) of equity shares aggregating to INR 5.3 billion.

The IPO was oversubscribed, and listed at a premium over the offer price.

ICICI Securities Limited, Axis Capital Limited, and Equirus Capital Private Limited acted as book running lead managers. 

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

 

Involved fees earner: Richa Choudhary – Trilegal; Aditya D’Souza – Trilegal; Avanti Kale – Trilegal; Maitreya Rajurkar – Trilegal; Arjun Rastogi – Trilegal;

Law Firms: Trilegal;

Clients: Axis Capital Limited; Equirus Capital Private Limited; ICICI Securities Ltd.;

Sonia Carcano

Author: Sonia Carcano

Prudent Corporate Advisory Services’ INR 5.3 Billion IPO

Trilegal advised the book running lead managers on the initial public offering by Prudent Corporate Advisory Services Limited (the Company) of equity shares aggregating to INR 5.3 billion.

The IPO was oversubscribed, and listed at a premium over the offer price.

ICICI Securities Limited, Axis Capital Limited, and Equirus Capital Private Limited acted as book running lead managers. 

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

 

Involved fees earner: Richa Choudhary – Trilegal; Aditya D’Souza – Trilegal; Avanti Kale – Trilegal; Maitreya Rajurkar – Trilegal; Arjun Rastogi – Trilegal;

Law Firms: Trilegal;

Clients: Axis Capital Limited; Equirus Capital Private Limited; ICICI Securities Ltd.;

Sonia Carcano

Author: Sonia Carcano