Trilegal Advised PSP Projects Ltd. And Placement Agents In ₹2,440 Million QIP

Trilegal Advised PSP Projects Ltd. And Placement Agents In ₹2,440 Million QIP

Trilegal advised PSP Projects Limited (Company) and the placement agents, being SBI Capital Markets Limited and Ernst & Young Merchant Banking Services LLP, as the sole Legal Counsel on the qualified institutions placement of equity shares by the Company aggregating to INR 2,440 million (QIP).

The Company, a multidisciplinary construction firm, provides a diverse array of construction and related services spanning industrial, institutional, government, government residential, and residential projects throughout India. Renowned for its expertise, the Company has undertaken numerous notable projects nationwide, such as the Surat Diamond Bourse and the Kashi Vishwanath Corridor.

The QIP attracted investments from several marquee investors, including Fidelity, ICICI Prudential, LIC, UTI, and Societe Generale.

The transaction was led by Trilegal's Partner, Richa Choudhary, Supported by Counsels Avanti Kale and Maitreya Rajurkar, and Associates Aayush Khandelwal, Aman Bahl, Shivayana Balodia, and Mathangi K. Their collective expertise and dedication were instrumental in facilitating the successful completion of the QIP.