CAM, JSA, Hogan Lovells act on TVS Infrastructure Trust ₹1,300 crore IPO

TVS Industrial & Logistics Parks has announced the listing of its InvIT TVS Infrastructure Trust on the National Stock Exchange, raising over Rs 1,300 crore.

The Offer comprises a fresh issue of 10.5 crore Units, aggregating to ₹1,050 crore and an offer for sale of 2.5 crore Units aggregating to ₹250 crore by the Selling Unitholder.

Cyril Amarchand Mangaldas acted as legal counsel to TVS Infrastructure Trust, TVS Infrastructure Investment Manager Private Limited and TVS Industrial & Logistics Parks Private Limited on this IPO.

The transaction team was led by Kranti Mohan, Partner (Head - REIT and InvITs); with the support from Sarvpriya Mishra, Principal Associate; Saksham Khokhar, Senior Associate; Molika Agrawal, Associate; Parikha Rathi, Associate; and Mansii Jain, Associate.

Abhilash Pillai, Partner; Ashish Jain, Partner; and Rishiraj Bhatt, Partner; with the support from Esther Joshua Philip, Senior Consultant; Siddhant Sharma, Principal Associate; Archit Mishra, Principal Associate; Kripa Sankari, Principal Associate; Kinnari Jain, SA – Designate; Rohan Chugh, Senior Associate; Pavithra Rao, Senior Associate; Kalyan Chakravarthy, Associate; Akshaya BS, Associate; and Shruthi P., Associate; advised on the real estate aspects of the transaction.

The matter was concluded under the guidance of Yash J. Ashar, Senior Partner.

JSA Advocates & Solicitors acted as legal counsel to the lead managers —Axis Capital Limited and Kotak Mahindra Capital Company Limited —advising on all aspects of the transaction, including legal due diligence, drafting of offer documents, and regulatory compliances with SEBI and stock exchange regulations.

The transaction team was led by Arka Mookerjee (Partner), with support from Partners Pracheta Bhattacharya and Anshu Bansal from the Equity Capital Markets team. Principal Associates - Sourav Modi and Ananth Balaji, along with Associates - Aditya Shendye, Jeebitesh Bhattacharya, and Vaishnavi Kokkonda played a key role in executing this transaction.

Hogan Lovells Lee & Lee served as the international counsel to the book running lead managers.

TVS Infrastructure Trust is an Infrastructure Investment Trust (InvIT) that specializes in large-scale industrial warehousing. It focuses on investing in and managing infrastructure assets, specifically within the warehousing sector,

As part of the transaction, TVS Infrastructure Trust has acquired 18 infrastructure parks from TVS Industrial & Logistics Parks, further solidifying its position as a major player in the logistics infrastructure landscape. 

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