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.