Legacy Law Offices LLP acts as Legal Advisor for the IPO of Vibhor Steel Tubes Pvt. Ltd.

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 was instrumental in navigating the complexities of this phenomenal oversubscription.

This recent IPO is a testament to the hard work, dedication, and legal prowess put in by the team comprising Mr. Amarendra Gogoi (Partner), Mr. Pradyun Chakravarty (Principal Associate Advocate) and Mr. Nandish Munjal (Associate Advocate).