Lawrence Graham advised Indian power project developer KSK Power Ventur on its sole AIM listing, making it the first Indian company not to list simultaneously in India. It is a watershed for Indian AIM listings and marks the third Indian AIM float Lawrence Graham has handled, following the IPOs of Hardy Oil & Gas and Great Eastern Energy Corporation. A restructuring saw KSK list an Isle of Man holding company on AIM, giving it a market capitalisation of $260m (£136.18m) and allowing foreign investment in Indian operations without an Indian listing. Lead partner Tom Nicholls said: “We anticipate that this will only add to the growing interest shown by Indian companies in the opportunities presented by AIM.”