Khaitan & Co advised the Book Running Lead Managers in relation to the Initial Public Offering by Khadim India Limited aggregating to USD 84.2 million approximately. Abhimanyu Bhattacharya (Partner), Aditya Cheriyan (Associate Partner), Oishik Bagchi (Senior Associate), Vijayaraghavan (Associate) and Vaishnavi Khatau (Associate) represented the client on the transaction. Khadim India Limited is one of the leading footwear brands in India, with a two-pronged focus on retail and distribution of footwear. Khadim’s is the second largest footwear retailer in India in terms of number of exclusive retail stores operating under the ‘Khadim’s’ brand.
Slaughter and May has decided to drop performance scores for its associates after a six-month review of its appraisal system.