Lalbaba Engineering Limited has proposed an initial public offering of equity shares aggregating up to ₹1,000 crore.
The offering comprises a fresh issue size of up to ₹630 crore and an offer for sale size of up to ₹370 crore.
Khaitan & Co advised Lalbaba Engineering and the Promoter Selling Shareholder on filing the draft red herring prospectus.
JSA Advocates & Solicitors is advising the Book Running Lead Managers, including IIFL Capital Services Limited, Motilal Oswal Investment Advisors Limited, and Nuvama Wealth Management Limited, on this IPO.
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Author's summary: Lalbaba Engineering proposes ₹1,000 crore IPO.