Life Sciences Law Update
Hogan Lovells advises on US$188 million Kaynes Technology India Limited qualified institutions placement
Press releases
| 25
July
2025
Dubai, Singapore, 25 July 2025 – Global law firm Hogan Lovells acted as US counsel to the book running lead managers on the issuance of equity share capital aggregating US$188 million by way of a qualified institutions placement (QIP) by Kaynes Technology India Limited. This marks Kaynes’ second major capital raise since its IPO – Hogan Lovells also advised on the QIP in 2023 and its IPO in 2022.
The Hogan Lovells Capital Markets team was led by Biswajit Chatterjee, Head of the India Practice and Dubai Office Managing Partner, with support from counsels Kaustubh George and Varun Jetly; senior associates Aditya Rajput and Suchisubhra Sarkar; and associates Aditya Dsouza, Sanjana Ravjiani, Komal Israni and Purva Mishra.
The issue was managed by Axis Capital Limited, Motilal Oswal Investment Advisors Limited, and Nomura Financial Advisory and Securities (India) Private Limited.
Kaynes Technology India Ltd is a fast-growing player in the electronics manufacturing services sector in India for major players in the Automotive, Industrial, Aerospace and Defence, Outer-space, Nuclear, Medical, Railways, Internet of Things, Information Technology and other segments.
About Hogan Lovells India practice
Hogan Lovells has built a market-leading India practice, drawing on extensive experiences, deep local relationships and in-depth market knowledge. Our dedicated team, spanning our global network, supports Indian and foreign clients in exploring investment opportunities, raising capital, restructuring business, developing infrastructure projects, and resolving disputes in and outside of India. As trusted legal advisors, we are recognized for an innovative approach to thought leadership, delivering timely and comprehensive insights on legal developments that shape our clients’ strategies and long-term business goals.
