Media & Events
Shardul Amarchand Mangaldas advises Sula Vineyards Limited in its Initial public offering of 26,900,530 equity shares aggregating to INR 960.34 crore
December 16, 2022
Shardul Amarchand Mangaldas & Co. advised Sula Vineyards Limited (“Company”) in its initial public offering of 26,900,530 equity shares, comprising entirely of an offer for sale by Rajeev Samant (“Promoter Selling Shareholder”), certain investors such as Cofintra S.A., Saama Capital III, Ltd., SWIP Holdings Limited, Verlinvest S.A. and Verlinvest France S.A and certain other shareholders of the Company. The deal is valued at INR 960.34 crore approximately. The equity shares of the Company are to be listed on the BSE and NSE on 22 December, 2022.
The Capital Markets team for the Company and the Promoter Selling Shareholder was led by Prashant Gupta, Partner, National Practice Head; Sayantan Dutta, Partner; Sanjana Chowdhry, Senior Associate; Divya Dhawan, Associate; Shambhavi Kumar, Associate.
The Capital Markets team for certain investor selling shareholders as to Indian law was led by Nikhil Naredi, Partner; Tarun Srikanth, Associate; Shruti Hariharan, Associate and special thanks to Mubashshir Sarshar, Principal Associate.
The Private Client Practice team for the Promoter and his family members with respect to the family settlement cum separation agreement was led by Divi Dutta, Partner and Neeati Narayan, Senior Associate, Mohona Thakur, Associate.
Trilegal advised the Book Running Lead Managers, being Kotak Mahindra Capital Company Limited, CLSA India Private Limited and IIFL Securities Limited and Clove Legal advised Haystack Investments Limited and certain other selling shareholders on the Indian law aspects.
