EMS Limited, earlier known as EMS Infracon Private Limited, a Delhi National Capital Region (NCR) based company has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company is making its first public offer to raise funds through an initial public offering (IPO) for a fresh issue of equity shares worth up to Rs. 180 crores ($ 21.9 million) and an offer-for-sale (OFS) of up to 82.94 lakh shares by the promoter of the company, Ramveer Singh. At present, Singh holds a 97.81 per cent stake in the company. The company, EMS

In a relief to the concessionaire company engaged to develop the Himani-Chamunda Ropeway project at Kangra district the Hon’ble High Court of Himachal Pradesh has granted relief to the company by way of issuing stay on encashment of the bank guarantee. The High Court in its order directed that the respondents including the concessioning authority for the project which is the state department of tourism and civil aviation are restrained from encashing the bank guarantee. Earlier, the department had issued notice of termination to Usha Breco Chamunda Devi Ropeway Private Limited citing default by the company. The company on its

Legacy Law Offices LLP advised Vibhor Steel Tubes Pvt. Ltd. (“Vibhor Steel”) and the promoter group selling shareholder in relation to its Initial Public Offering (“IPO”) of equity shares aggregating to INR 720 million, the most successful IPO of the year 2024 and the 3rd most successful IPO in the Indian market till date, based on its phenomenal over-subscription by 299 times. The tremendous investor response to Vibhor Steel’s IPO is a symbol of confidence in the steel industry’s robust future. Vibhor Steel is also diversifying into the Metal Crash barriers segment for National Highway projects. Legacy’s expert legal guidance

EMS Ltd. is a leading Indian company, working in the sewerage sector since December 2010. Its business extends to providing sewerage solutions, water treatment and supply systems, electrical transmission and distribution systems and other allied works. The team of lawyers headed by Our Managing Partner, Mr Gagan Anand, and Co-Managing Partner, Ms Shalini Munjal with Mr Amarendra Gogoi, Partner, Ms Shikha Vohra, Associate Advocate, and Mr Nandish Munjal, Associate Advocate, are providing professional legal services to the company for the public issue of their equity shares to facilitate the public offering which is worth over INR 180 crores. According to

December 14, 2024 marked a new milestone for the Capital Markets practice of Legacy Law Offices LLP as the Draft Red Herring Prospectus (DRHP) of two highly reputed industry leaders were filed before the Bombay Stock Exchange. Issuer No. 1, Surifresh Extracts Limited is a leading player in the fresh fruit juice category and specialized in the distribution, import, and manufacturing of premium fresh produce. It is carrying out its Initial Public Offering (IPO) comprising the fresh issue of approximately 3.15 lakh shares aggregating upto Rs. 50 Crores. Issuer No. 2 Nakshatra Asset Ventures Limited is a boutique entity for