Banking & Finance, May 2025

TT&A is advising IIFL Securities Limited and JM Financial Limited in an IPO of Ardee Engineering Limited

TT&A is advising IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and JM Financial Limited, the book running lead managers in an IPO of Ardee Engineering Limited comprising fresh issue for an amount of up to ₹ 5,000 million and offer for sale by the promoter for an amount of up to ₹ 800 million.

TT&A Team: Abhinav Kumar – Partner; Shubham Sancheti – Managing Associate; Indira Satish – Senior Associate and Daniyal Khan & Soham Vakil – Associates

Abhinav Kumar

Partner, Mumbai

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