Resolüt Partners has advised Linjemontage i Grästorp AB, a step-down subsidiary of Kalpataru Projects International Limited, on Indian securities law and corporate governance matters in connection with its initial public offering and listing on Nasdaq Stockholm. 

The Resolüt transaction team consisted of Shreyas Bhushan (Partner), Associates Samaahith Addoor and Sharia Shoaib.

Linjemontage is a leading Swedish EPC provider focused on power infrastructure.

Following the listing, Linjemontage has a market capitalisation of ~SEK 2.36 billion, with KPIL continuing to hold ~66% of Linjemontage through a wholly owned subsidiary.

The transaction marks a significant milestone for Linjemontage, which is the first foreign subsidiary of an Indian company to be listed on Nasdaq Stockholm.

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