Duane Morris & Selvam Advises on Flair Writing Limited’s INR 5.93 Billion IPO

SINGAPORE, 11 December 2023 — Duane Morris & Selvam LLP acted as special international legal counsel to Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and Axis Capital Limited in their role as the book running lead managers for the recent INR 5.93 billion (US$71 million) initial public offering of equity shares in Flair Writing Limited, an Indian company that designs and manufactures writing instruments. The equity shares were listed on the BSE and the NSE.

Duane Morris & Selvam LLP’s team was led by Jamie Benson, director and the head of the U.S. capital markets, U.S. venture capital and India practices.

Flair Writing Industries’ IPO was one of three Indian IPOs that closed recently that Duane Morris & Selvam advised on: the other two being the IPOs by Tata Technologies and Gandhar Oil Refinery.

About Duane Morris & Selvam LLP

Duane Morris & Selvam LLP is the joint law venture between Duane Morris LLP and Selvam LLC, with its headquarters in Singapore. By way of its global platform and extensive range of legal services, the firm helps companies conduct business in and out of Asia, the United States, Latin America, the United Kingdom and beyond. In addition to the excellent skills of its lawyers, clients benefit from the cultural fluency and key relationships that the firm has developed over many years of practising law throughout the region. The firm has a presence in the key markets of Southeast Asia, including Singapore, Hanoi, Ho Chi Minh City and Yangon, as well as an office in Shanghai. Supporting these regional offices, the firm operates a series of country desks for India, Indonesia, Korea and Japan. It is regularly ranked among the region’s leading law firms by Chambers & Partners, The Legal 500 and IFLR1000.

Disclaimer: This article has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm’s full disclaimer.

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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