Legacy Law Offices acts on Solanki Mechanic Works IPO

Solanki Mechanic Works Limited has filed its Draft Red Herring Prospectus for an Initial Public Offering on the Bombay Stock Exchange SME platform for a book-built offer for an entirely fresh issue of 25,92,727 shares, with an offer size of ₹18 crore+.

Legacy Law Offices advised Solanki Mechanic Works as well as the Book Running Lead Manager, Swaraj Capital Services Private Limited, on this SME IPO.

The transaction team comprised of Naman Anand (Counsel), and Associates Geetika Joshi, Meghna Shukla, Pavitra Balgi, and Yukti Goel.

Surbhi Narang (Partner) provided strategic inputs.

Solanki Mechanic Works is a manufacturer of specialized jewellery-making machinery, established in 1962. The Company is engaged in the design, development and manufacture of CNC and PLC based machinery used in the production and value-addition of jewellery products. SMWL has presence in the Dubai market as well as the US. It exports its products to the UAE, Oman, Qatar, Saudi Arabia, and the US – among other international markets.

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