Shardul Amarchand Mangaldas Advises Jinyoung Electro-Mechanics on Acquisition of Jinyoung Sandhar Mechatronics
Jinyoung Sandhar Mechatronics Private Limited (JSM) is now a wholly-owned subsidiary of Jinyoung Electro-Mechanics Co. Ltd. (JEM)
Jinyoung Sandhar Mechatronics Private Limited (JSM) is now a wholly-owned subsidiary of Jinyoung Electro-Mechanics Co. Ltd. (JEM)
The transaction, part of JK Paper’s expansion into the folding cartons and packaging sector, involves a multi-tranche investment culminating in 100% ownership within four years.
Shardul Amarchand Mangaldas & Co. advised Billionbrains Garage Ventures Limited, the operator of Groww, on its ₹6,632 crore IPO comprising a fresh issue and offer for sale by existing investors, including Peak XV Partners, Y Combinator, Ribbit Capital, and Tiger Global.
Shardul Amarchand Mangaldas & Co. advised the Book Running Lead Managers on Lenskart’s ₹7,278 crore IPO, comprising a ₹2,150 crore fresh issue and a ₹5,128 crore offer for sale.
The transaction involved Norwest’s subscription to compulsorily convertible preference shares of Goyaz and the purchase of equity shares from the founders.
The acquisition enables LMEL to enhance its pellet production capabilities, strengthening its raw material security and support in long term growth strategy in line with its core business operations.
Ksolare Energy is a company engaged in manufacturing solar inverters and providing smart energy solutions.
The deal marks Premier Energies’ foray into the power transformer manufacturing segment, expanding its presence in India’s fast-growing energy infrastructure ecosystem.
The transaction also paves the way for the integration of Emirates NBD’s India operations with RBL Bank, aligning with the Reserve Bank of India’s single-mode-of-presence framework for foreign banks — a milestone that underscores India’s growing position as a global financial hub.
Approval covers the proposed stake purchase and subsequent amalgamation of JB Chemicals with Torrent.
This is the 5th largest IPO in India in the private sector (of which SAM has advised on 3 as issuer counsel), and the first-ever IPO in India to cross the ₹ 4 lakh crore-mark in subscription.
Shardul Amarchand Mangaldas & Co. acted as the lead counsel to Anand Group on its global acquisition of APAG Holding AG, a Swiss-based company engaged in the business of auto component manufacturing.
This investment will enable the company in expanding its genomics and integrated diagnostics solutions across India and other emerging markets with a focus on early detection and targeted disease management through affordable genetic and integrated diagnostics tools.
This deal marks a significant cross-border transaction in the Indian banking sector, underscoring continued global investor interest and strategic consolidation in the country’s financial services industry.
A panel discussion was organised by SAM, Arbitral Women, and Wilmer Cutler Pickering Hale and Dorr on the proposed amendments to the Arbitration and Conciliation Act, 1996, via the 2024 draft bill as a precursor to the Delhi Arbitration Weekend.
This landmark transaction marked the first listing of a home services provider on the Indian stock exchanges.
The funding round was led by Bessemer Venture Partners and Goodwater, with participation from the existing investors, Elevation Capital and Lightspeed India Partners.
Shardul Amarchand Mangaldas & Co.(SAM) acted as the legal counsel to Transbnk Solutions Private Limited in connection with its Series B fund raise of USD 25 million led by Bessemer Venture Partners.
The round involved a primary investment of USD 218 million, which was led by General Catalyst and participated by Avataar and other investors.
Shardul Amarchand Mangaldas & Co.acted as the legal advisor to Reddy Investment Trust on the sale of certain shares held by it in Aragen Life Sciences.