Khaitan, JSA act on Prozeal Green Energy ₹700 crore IPO

Prozeal Green Energy Limited has made an initial public offering of equity shares aggregating up to ₹700 crore, comprising of a fresh issue of ₹350 crore and an offer for sale of ₹350 crore by the promoter selling shareholders and certain investor selling shareholders of the company.

Khaitan & Co acted as the Legal counsel to Prozeal Green Energy and the promoter selling shareholders in relation to this IPO.

The transaction team consisted of Madhur Kohli (Partner), Vaibhav Mittal (Partner), Saisha Bacha (Senior Associate), Varshini Puni (Senior Associate), Aastha Ulhas Dhuppad (Associate) and Vanshika Singh (Associate).

JSA advised Nuvama Wealth Management Limited and SBI Capital Markets Limited, the book running lead managers in relation to the proposed IPO.

The transaction team consisted of Madhurima Mukherjee Saha (Lead Partner), Sagar Batra (Partner), Richa Prasad (Senior Associate), and Associates Anshuman Singh, Priyanshi Bajaj and Rachit Munjal.

Prozeal Green Energy Limited is a prominent player in India's green energy sector, specializing in solar energy solutions and renewable energy projects. Based in Ahmedabad, Gujarat, the company boasts a strong presence across the country

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