{"id":397990,"date":"2026-10-06T18:00:19","date_gmt":"2026-10-06T12:30:19","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=397990"},"modified":"2026-10-06T17:44:03","modified_gmt":"2026-10-06T12:14:03","slug":"khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/","title":{"rendered":"Khaitan &amp; Co Advises Book Running Lead Managers on Carlyle Group-Backed Varmora Granito Ltd. IPO"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co advised JM Financial Limited, Goldman Sachs (India) Securities Private Limited and SBI Capital Markets Limited (BRLMs) as to Indian law in relation to Initial public offering by the Carlyle Group backed Varmora Granito Limited.<\/p>\n<p style=\"margin-bottom: 3%;\">The core team consisted of Subhayu Sen (Partner), Aparna Bagree (Partner), Johann Valladares (Principal Associate), Sarjana Das (Senior Associate), Nibha Yadav (Associate), Aryan Agarwal (Associate) and Gauravi Talwar (Associate).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">Khaitan &amp; Co advised JM Financial Limited, Goldman Sachs (India) Securities Private Limited and SBI Capital Markets Limited, the Book Running Lead Managers (BRLMs), on Indian law matters in connection with the IPO of Carlyle Group-backed Varmora Granito Limited.<\/p>\n","protected":false},"author":67011,"featured_media":397991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45282,2],"tags":[76807,73103,40943,116364,116366,116367,59209,90506,86418,6791,76810,116363,116362,116365],"class_list":["post-397990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-book-running-lead-managers","tag-brlms","tag-capital-markets","tag-carlyle-group-backed-varmora","tag-goldman-sachs-india-securities","tag-indian-law-advisory","tag-initial-public-offering","tag-ipo-legal-counsel","tag-jm-financial","tag-khaitan-co","tag-sbi-capital-markets","tag-varmora-granito-ipo","tag-varmora-granito-limited","tag-varmora-ipo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Khaitan &amp; Co Advises BRLMs on Varmora Granito IPO | SCC Times<\/title>\n<meta name=\"description\" content=\"Khaitan &amp; Co advises JM Financial, Goldman Sachs and SBI Capital Markets on Indian law matters for the IPO of Carlyle Group-backed Varmora Granito Limited.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Khaitan &amp; Co Advises Book Running Lead Managers on Carlyle Group-Backed Varmora Granito Ltd. IPO\" \/>\n<meta property=\"og:description\" content=\"Khaitan &amp; Co advises JM Financial, Goldman Sachs and SBI Capital Markets on Indian law matters for the IPO of Carlyle Group-backed Varmora Granito Limited.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-06T12:30:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/10\/Khaitan-Co-Varmora-Granito-IPO.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\"},\"headline\":\"Khaitan &amp; Co Advises Book Running Lead Managers on Carlyle Group-Backed Varmora Granito Ltd. IPO\",\"datePublished\":\"2026-10-06T12:30:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/\"},\"wordCount\":81,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Khaitan-Co-Varmora-Granito-IPO.webp\",\"keywords\":[\"Book Running Lead Managers\",\"BRLMs\",\"Capital Markets\",\"Carlyle Group backed Varmora\",\"Goldman Sachs India Securities\",\"Indian law advisory\",\"Initial Public Offering\",\"IPO legal counsel\",\"JM Financial\",\"Khaitan &amp; Co\",\"SBI Capital Markets\",\"Varmora Granito IPO\",\"Varmora Granito Limited\",\"Varmora IPO\"],\"articleSection\":[\"Law Firms News\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/\",\"name\":\"Khaitan & Co Advises BRLMs on Varmora Granito IPO | SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Khaitan-Co-Varmora-Granito-IPO.webp\",\"datePublished\":\"2026-10-06T12:30:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"Khaitan & Co advises JM Financial, Goldman Sachs and SBI Capital Markets on Indian law matters for the IPO of Carlyle Group-backed Varmora Granito Limited.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Khaitan-Co-Varmora-Granito-IPO.webp\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Khaitan-Co-Varmora-Granito-IPO.webp\",\"width\":886,\"height\":590,\"caption\":\"Khaitan & Co Varmora Granito IPO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/10\\\/06\\\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Khaitan &amp; Co Advises Book Running Lead Managers on Carlyle Group-Backed Varmora Granito Ltd. IPO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/editor_4\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Khaitan & Co Advises BRLMs on Varmora Granito IPO | SCC Times","description":"Khaitan & Co advises JM Financial, Goldman Sachs and SBI Capital Markets on Indian law matters for the IPO of Carlyle Group-backed Varmora Granito Limited.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Khaitan & Co Advises Book Running Lead Managers on Carlyle Group-Backed Varmora Granito Ltd. IPO","og_description":"Khaitan & Co advises JM Financial, Goldman Sachs and SBI Capital Markets on Indian law matters for the IPO of Carlyle Group-backed Varmora Granito Limited.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2026-10-06T12:30:19+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/10\/Khaitan-Co-Varmora-Granito-IPO.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/"},"author":{"name":"Editor","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"headline":"Khaitan &amp; Co Advises Book Running Lead Managers on Carlyle Group-Backed Varmora Granito Ltd. IPO","datePublished":"2026-10-06T12:30:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/"},"wordCount":81,"commentCount":0,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/10\/Khaitan-Co-Varmora-Granito-IPO.webp","keywords":["Book Running Lead Managers","BRLMs","Capital Markets","Carlyle Group backed Varmora","Goldman Sachs India Securities","Indian law advisory","Initial Public Offering","IPO legal counsel","JM Financial","Khaitan &amp; Co","SBI Capital Markets","Varmora Granito IPO","Varmora Granito Limited","Varmora IPO"],"articleSection":["Law Firms News","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/","url":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/","name":"Khaitan & Co Advises BRLMs on Varmora Granito IPO | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/10\/Khaitan-Co-Varmora-Granito-IPO.webp","datePublished":"2026-10-06T12:30:19+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"Khaitan & Co advises JM Financial, Goldman Sachs and SBI Capital Markets on Indian law matters for the IPO of Carlyle Group-backed Varmora Granito Limited.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/10\/Khaitan-Co-Varmora-Granito-IPO.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/10\/Khaitan-Co-Varmora-Granito-IPO.webp","width":886,"height":590,"caption":"Khaitan & Co Varmora Granito IPO"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/06\/khaitan-co-advises-brlms-on-carlyle-backed-varmora-granito-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Khaitan &amp; Co Advises Book Running Lead Managers on Carlyle Group-Backed Varmora Granito Ltd. IPO"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/10\/Khaitan-Co-Varmora-Granito-IPO.webp","_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/397990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=397990"}],"version-history":[{"count":2,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/397990\/revisions"}],"predecessor-version":[{"id":397994,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/397990\/revisions\/397994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/397991"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=397990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=397990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=397990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}