Shardul Amarchand Mangaldas & Co. (SAM) advised Steadview Capital Mauritius Limited on its pre-IPO secondary purchase of equity shares of Wakefit Innovations Limited from Verlinvest S.A.
The transaction forms part of a broader pre-IPO round ahead of Wakefit’s proposed public listing, for which the company filed its red herring prospectus with the Registrar of Companies, Karnataka at Bengaluru, and the Securities and Exchange Board of India.
SAM team was led by Harshita Srivastava, Partner, and Palomita Sharma, Associate, who advised on all aspects of the transaction. They were supported by Rahul Yadav, Partner and Nimish Malpani, Principal Associate on the tax aspects.
