Brief Description: BRLMs acted in connection with the filing of the draft red herring prospectus for the proposed IPO of DEE Development Engineers Limited, to raise an amount aggregating up to INR 3,250 Million via fresh issue and also do a secondary sale of up to 7,900,000 equity shares via offer for sale. The equity shares of the Company are proposed to be listed on the BSE Limited and the National Stock Exchange of India Limited.

Deal Value: USD $38,967,500.00 approx

Firm’s Role: Acted as the Indian legal counsel to the BRLMs in relation to the initial public offering and advised on Indian laws.

Team Involved: Partner, Geeta Dhania and Tripti Pandey (Senior Associate); Ridhi Jain, Srungarapu Shreeya, Vedaarth Uberoi, Abhishek Gupta, Anusha Agarwal and Deekhit Bhattacharya (Associates)