Luthra advise ILFS Transportation Networks on Rs 750 crore IPO

IL&FS Transportation Networks (ITNL) has filed a draft offer document before the SEBI. Sources say that the company is planning to raise around Rs. 750 crore ($157 million) through this IPO. ITNL is being advised by the Delhi office of Luthra & Luthra. ITNL provides consultancy in engineering and construction, financial and economic analysis, legal and regulatory expertise, and environmental and social impact assessment for surface transport infrastructure.

Amarchand Mangaldas\' Mumbai office is acting as the domestic counsel to the underwriters. The international counsel for the underwriters is Clifford Chance, through its Singapore office.