Anagram Partners advised Everstone, the selling shareholder, as part of the IPO by Interarch Building Products’ aggregating to INR 6000 million.
Simone Reis
Shwetank Chaubey
Rishabh Chhabaria
Everstone Group is a global firm with over USD 7 billion in assets under management. It invests in private equity, climate impact, logistics and digital across India, Southeast Asia and UAE.
Established in 1984, Interarch is one of the leading turnkey pre-engineered steel constructionsolution providers in India with integrated facilities for design and engineering, manufacturing, on-site project management capabilities for the installation and erection of pre-engineered steel buildings.
The transaction involved sale of 1,797,600 equity shares equity shares of Interarch Building Products as part of its initial public offering, by OIH Mauritius Limited, an entity of the Everstone Group. The IPO comprised of a fresh issue of INR 2,000 million and an offer for sale of approximately INR 4000 million by the selling shareholders, aggregating to INR 6000 million approximately.
Anagram Partners acted as the legal advisors to Everstone. The team was led by our Partner, Simone Reis and comprised Shwetank Chaubey and Rishabh Chhabaria
Read more at:
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