Jai Parvati Forge Limited has filed a draft red herring prospectus for an initial public offering comprising a fresh issue of equity shares aggregating up to ₹300 crore and an offer for sale of up to 9,000,000 equity shares.

Kanga & Co is advising Jai Parvati Forge as well as the book running lead managers Beeline Capital Advisors Private Limited and Monarch Networth Capital Limited, on this IPO.

The transaction team consists of Chetan Thakkar (Senior Partner), Pooja Sharma (Associate Partner), Sakshi Mandal (Senior Associate) and Associates Kartikeya Anshu, Siddharth Jani and Seerat Khera.

Jai Parvati Forge manufactures over 800 active forged and machined component types, catering to multiple end-use industries. With over 22 years of manufacturing experience, the Company has established a diversified product portfolio and manufacturing capabilities.

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