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Shardul Amarchand Mangaldas & Co. (SAM & Co.)

Shardul Amarchand Mangaldas & Co Advises on Filing of Draft Red Herring Prospectus of VLCC Health Care Limited

Sep 24, 2015   18:35 IST 
New Delhi, Delhi, India; Mumbai, Maharashtra, India

Shardul Amarchand Mangaldas & Co (SAM & Co) is acting as the Indian legal counsel to the Book Running Lead Managers, ICICI Securities Limited and Citigroup Global Markets India Private Limited, appointed for the VLCC Health Care Limited (‘VLCC’) IPO.

 

The SAM & Co’s Capital Markets Practice Team is being led by Prashant Gupta, Partner and supported by Manjari Tyagi, Principal Associate; Ishita Kashyap, Associate and Ankit Jaiswal, Associate.

The draft red herring prospectus for the IPO, to raise funds vide a combination of fresh equity and Offer for Sale (‘OFS’) was filed with the Securities and Exchange Board of India on September 23, 2015. VLCC is the leading Indian player by market share in the beauty and wellness industry, with a significant presence in the GCC region and a growing presence across South East Asia and East Africa.

 

The offer comprises of a fresh issue of equity shares by VLCC (through which VLCC expects to raise Rs. 4,000 million) and an OFS by existing investors, Indivision India Partners (Everstone Capital) and Leon International Limited.

The Issuer Company is VLCC Health Care Limited. Allen & Overy acted as the International legal counsel to the Book Running Lead Managers and Luthra & Luthra acted as the Indian legal counsel to the Issuer Company (VLCC Health Care Limited).

 

About Shardul Amarchand Mangaldas & Co. (SAM & Co.):

Shardul Amarchand Mangaldas & Co. (SAM & Co) is one of India’s leading full service law firms. Founded on almost a century of legal achievement, SAM & Co reconstituted in May 2015 and has started anew. The Firm is known for its exceptional Mergers & Acquisition, Competition Law, Dispute Resolution & Arbitration, Regulatory Litigation, Capital Markets and Private Equity practices globally.

 

The Firm’s mission is “enabling business by providing solutions as trusted advisors through excellence, responsiveness, innovation and collaboration”. SAM & Co has been at the helm of major headline transactions and litigations across business segments and industries. The Firm is regularly engaged by major trans-national corporates to advise them on their India entry and business strategy.

 

Headed by eminent practitioners Shardul Shroff and Pallavi Shroff, the Firm has more than 370 lawyers, including 69 partners across its six offices in India, which include – New Delhi, Mumbai, Gurgaon, Ahmedabad, Bengaluru and Kolkata.


Media Contact Details
Mr. Rahul Gossain
Shardul Amarchand Mangaldas & Co.
+91 9873154228/ +91 9717498891
 
 
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