Khaitan & Co Advised Sansera Engineering On ₹1200 Cr QIP

Khaitan & Co Advised Sansera Engineering on ₹1200 Cr QIP

Khaitan & Co acted as Indian Legal Counsel to Sansera Engineering Limited in relation to Qualified Institutions Placement of 7,722,007 equity shares of face value of INR 2 each aggregating to INR 1200 crores.

Sansera Engineering specializes in machining precision-forged components for the automotive sector (covering both two-wheelers and four-wheelers) as well as for non- automotive industries, including aerospace and agriculture. Additionally, the company manufactures connecting rods for medium and heavy commercial vehicles.

Nomura and ICICI Securities Ltd. served as the bookrunning lead managers for the issue.

The funds raised through the QIP will support Sansera’s growth strategies and strengthen its financial position.

The core team from Khaitan & Co included Partner Thomas George, Principal Associate Suman Prabhu, and Associates Tharun Vadlapatla, Mitluv Semwal, and Rupa Veena S.