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Trilegal Acts In IPO of Inox Green Energy Services

The Trilegal team advising on the deal was led by Partner, Richa Choudhary, and comprised Senior Associates, Avanti Kale, Pooja Sharma, and Associates, Sanya Chaudhari, Aayush Khandelwal, and Urmil Shah.

Trilegal advised the merchant bankers, Edelweiss Financial Services Limited, DAM Capital Advisors Limited, Equirus Capital Private Limited, IDBI Capital Markets & Securities Limited and Systematix Corporate Services Limited on the initial public offering of equity shares by Inox Green Energy Services Limited (the "Offer"), one of the major wind power operation and maintenance service providers within India which is currently present in eight wind resource rich states. It is promoted by Inox Wind Limited, and is a part of the Inox GFL group of companies.

The Offer included a fresh issue of equity shares worth INR 3,700.00 million and an offer for sale of INR 3,700.00 million by the selling shareholder. The proceeds from the fresh issuance are proposed to be deployed towards repayment of certain loans and general corporate purposes. 

The Trilegal team advising on the deal was led by Partner, Richa Choudhary, and comprised Senior Associates, Avanti Kale, Pooja Sharma, and Associates, Sanya Chaudhari, Aayush Khandelwal, and Urmil Shah.


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