Jul 04, 2025

The book running lead managers, to the initial public offering of equity shares by Kalpataru Limited.

AZB & Partners advised and represented the book running lead managers, being ICICI Securities Limited, JM Financial Limited, and Nomura Financial Advisory and Securities (India) Private Limited, to the initial public offering of equity shares by Kalpataru Limited for an amount aggregating to INR 15.90 billion. The IPO was undertaken by way of fresh issue of equity shares.

The deal team comprised our senior partners, Varoon Chandra and Lionel D’Almeida; our partner, Rahul Aggarwal; our senior associates, Veeral Vakharia, Bharat Mordani and Shweta Agrawal; and our associates, Arika Gupta, Harsh Vardhan Singh, and Vaibhav Kumar Shah.

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