Trilegal, Saraf and Partners, Crawford Bayley & Co Adivse on Electronics Bazaar’s ₹460 Crore IPO: MUMBAI — GNG Electronics Limited, operating under the popular brand “Electronics Bazaar,” has made a stunning debut on the stock market, with its ₹460.435 crore initial public offering (IPO) receiving an overwhelming response from investors. As India’s largest refurbisher of…
Strategic Move Advised by SAM & Arthur Cox Marks REIT’s First Third-Party Expansion: Hyderabad, India – In a significant expansion of its real estate portfolio, Mindspace Business Parks REIT has successfully acquired Q-City, a prominent IT Park in Hyderabad, for a reported price of ₹512 crore ($61.4 million USD). The transaction, which marks Mindspace’s first third-party acquisition outside of its existing portfolio parks, was a complex deal requiring extensive legal and advisory support from both Indian and international firms.
JSW One MSME, Firm Achieves Unicorn Status with ₹500 Crore Pre-IPO Fundraise: MUMBAI — JSW One Platforms Limited, widely known as JSW One MSME, has officially joined the ranks of India’s unicorns after successfully completing a ₹500 crore pre-IPO capital raise. This significant funding round pushes the company’s valuation past the $1 billion mark, cementing its position as a major player in the country’s B2B e-commerce landscape.
CCI Dismisses Bid-Rigging Allegations in Coal Block Auctions, Citing Lack of Evidence and Delay: New Delhi — The Competition Commission of India (CCI) has dismissed a major complaint alleging cartelisation and bid-rigging by several prominent corporate groups, including Adani Enterprises, the RP-Sanjiv Goenka Group, Vedanta, Hindalco, UltraTech, and Jindal Power, in coal block auctions spanning…
