Cyril Amarchand Mangaldas and Trilegal advised Powerica on its major Rs.1,100 crore IPO. Powerica is an integrated power solutions company known for diesel generator sets, medium-speed large generators, and a wide range of power-related services across industries.
The deal team included Senior Partner Yash J. Ashar and Partner Ravi Dubey (Regional Co‑Head, Capital Markets – West), supported by Principal Associate Mansi Jhaveri and associates Abishek Sankar, Arikta Shetty, Divyanshu Singh, Akshita Dhawan, Nikshetaa Jain and Pooja Rajawat.
Cyril Amarchand Mangaldas (CAM) is one of India’s top law firms, well known globally for providing trusted legal advice. The firm works with a wide variety of clients, such as Indian and international companies, financial institutions, private equity and venture capital investors, start-ups, as well as government and regulatory authorities.
Trilegal represented the Book Running Lead Managers ICICI Securities, IIFL Capital Services and Nuvama Wealth Management.
That team was led by Partners Bhakta Patnaik and Albin Thomas, with support from Counsel Bhargavi Mahajan and associates Janhavi Shah, Tushar Chitlangia, Snehal Kaushal and Avni Mishra.
Trilegal is a top Indian law firm with offices in four major cities Bengaluru, Delhi, Gurugram and Mumbai. The firm advises clients on many of the country’s most complex and high-value transactions. Its main practice areas have consistently received major industry awards and recognition.
Powerica is an integrated power solutions provider offering diesel generator sets, medium-speed large generators and associated services.
The company operates in two main sectors: the generator-set segment and the wind-power segment. The transaction stands out because Powerica combines traditional diesel-based power offerings with a comprehensive wind-energy platform encompassing independent power production (IPP), engineering, procurement and construction (EPC) and operations & maintenance (O&M) services.