Written by Neha Chauhan Wednesday, 24 February 2010 02:42
The preliminary placement document filed by the Bombay Stock Exchange listed company on the National Stock Exchange on 22 February hopes to raise Rs 125 to 175 crore via 17.5 million QIP shares.
Khaitan & Co's capital markets practice is led out of Mumbai by partners Nikhilesh Panchal and Vibhava Sawant while Jones Day Singapore partner Manoj Bhargava deals with India focused capital markets work.
Anand Rathi Advisors and Kotak Mahindra Capital Company are financial advisors.
Mahindra Forgings manufacture and supply engine and chassis forged, components for commercial and passenger vehicles and has a significant presence in the automobiles, tractors and farm equipments, automobile components, financial services, trade and logistics, IT and infrastructure sectors.
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