Krishna Buildspace IPO Plan Gets Legal Backing from Kanga & Co

REAL-ESTATE

Overview

Krishna Buildspace Limited plans an Initial Public Offering, aiming to issue up to 9 million equity shares with a fresh offering and up to 900,000 via an offer for sale. Kanga & Co is advising the issuer and the Book Running Lead Manager, Mefcom Capital Markets Limited, on the transaction.

Krishna Buildspace Limited is gearing up for its Initial Public Offering (IPO).
The company plans to raise capital through a mix of new shares and a sale by existing shareholders. The proposed issuance includes up to 9,000,000 equity shares via a fresh issue and an offer for sale (OFS) of up to 900,000 equity shares.

Legal Advisory Role

Kanga & Co is providing crucial legal counsel for this significant transaction. The firm is advising Krishna Buildspace, the issuer, as well as Mefcom Capital Markets Limited, the Book Running Lead Manager. The legal team leading the engagement is spearheaded by Senior Partner Chetan Thakkar and Associate Partner Pooja Sharma. Support is being provided by associates Siddharth Jani, Divyansh Minocha, Seerat Khera, Kartikeya Anshu, and Harshit Babbar.

Company Profile

Krishna Buildspace Limited has built a reputation for executing a wide array of construction projects. Their client portfolio includes various government bodies, such as the Central Public Works Departments. They have also secured contracts from public sector construction and engineering enterprises like Wapcos Limited and National Projects Construction Corporation Limited, underscoring their experience and reliability in the sector.

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