Chandhiok & Mahajan (C&M) advised the Book Running Lead Managers, Ambit Private Limited, Anand Rathi Advisors Limited and IIFL Capital Services Limited (formerly IIFL Securities Limited) on the initial public offering of equity shares (“IPO”) of HD Fire Protect Limited (“HD Fire”) aggregating to INR 7,121.32 Million. HD Fire is an Indian manufacturer and supplier of fire protection equipment and systems, serving high-hazard industrial applications as well as residential and commercial sectors.

C&M Capital Market team consisted of partner & head of Capital Markets – Niruphama Ramakrishnan, Senior Associate – Pratima Pratihar and Associates – Sparsh Sharma & Saba Alam.