AZB & Partners has advised alcohol distributor Allied Blenders and Distillers and its promoters on its $180 million initial public offering. IndusLaw and Hogan Lovells Lee & Lee advised the book running lead managers (BRLMs) to the deal
The IPO consists of a fresh issue of shares and an offer of shares. The share debuted at a premium of 13.87 percent.
The AZB team was led by senior partners Varoon Chandra and Agnik Bhattacharyya, and included senior associates Sweta Ananthanarayanan, Aratrika Choudhuri and Shweta Agrawal, and associates Tanaiy Tewari, Arika Gupta and Damini Mathur.
The IndusLaw team served as domestic advisors to the BRLMs ICICI Securities, Nuvama Wealth Management and ITI Capital. It comprised partners Manan Lahoty, Ravi Dubey, and Priyadarshini Rao, senior associate Anjali Menon, and associates Abishek Sankar, Sakshi Sharma, Aniruddh Saraswat, and Harshita Pareek.
Hogan Lovells Lee & Lee, the global firm’s Singapore office, was international counsel to the BRLMs.