Shardul Amarchand Mangaldas & Co has advised infrastructure construction company Ceigall India on its $149.2 million (12,526 million rupees) initial public offering. Trilegal and Hogan Lovells Lee & Lee acted for the book-running lead managers (BRLM).

Wadia Ghandy & Co advised the promoter selling shareholders, promoter group selling shareholders and individual selling shareholder on the Indian law aspects.

The BRLMs comprised ICICI Securities Limited, IIFL Securities Limited and JM Financial Limited.

The issue was oversubscribed 14.01 times, and the equity shares were listed at a premium of 4.5 percent.

The SAM capital markets team comprised national practice head Prashant Gupta, partner Sayantan Dutta, senior associates Romit Raja Srivastava and Kamiya Marwah, and associates Purva Mishra and Kuldeep Bishnoi.

The Trilegal team that served as Indian counsel to the BRLMs was led by partner Richa Choudhary, and comprised counsel Avanti Kale, senior associate Sanya Chaudhari, and associates Aman Bahl and Shivayana Balodia.