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Comprising a fresh issue and offer for sale by promoter shareholders. The IPO saw an exceptional overall subscription of 93.71 times, with QIB demand at 213.08 times.
Cyril Amarchand Mangaldas advised Pine Labs Limited on its ₹38,999.08 million IPO and the reverse merger of its Singapore holding company into the Indian entity, handling NCLT/NCLAT filings, regulatory clearances, and all aspects of the offering.
Shardul Amarchand Mangaldas & Co. advised Travel Food Services Limited (“Issuer”) on the initial public offering of its equity shares, through an offer for sale valued at approximately USD 233 million by Kapur Family Trust.