Dua Associates Advised Lingyi Itech As Its India Legal Counsel For Its US$1.06 Billion Hong Kong IPO
Dua Associates advised Lingyi iTech (Guangdong) Company (“Lingyi iTech”), a high-precision intelligent manufacturing platform for electronic devices and a supplier to Apple Inc., as its India legal counsel in connection with its HK$8.26 billion (approximately US$1.06 billion) initial public offering (“IPO”) and listing on the Hong Kong Stock Exchange.
Acting as India legal counsel to Lingyi iTech, the Firm advised on matters relating to Indian law concerning Lingyi iTech's Indian subsidiaries, including regulatory overview, risk factors, legal due diligence, and other relevant matters as part of the IPO process.
Commenting on the transaction, Munish Sharma, Partner, Dua Associates said: “We are pleased to have advised Lingyi iTech on the Indian law aspects of its Hong Kong listing of Class H shares and to have supported Lingyi iTech through an important milestone in its international growth journey”.
Lingyi iTech offered 811,811,880 global H shares priced at HK$10.18 per share and Lingyi iTech shares began trading on the Hong Kong Stock Exchange on June 26, 2026, under stock code 1688. Already listed on the Shenzhen Stock Exchange (stock code 002600), Lingyi iTech has pursued a dual listing in Hong Kong to broaden its access to international capital markets and strengthen its global investor base. According to Bloomberg data, the transaction ranks as the fourth-largest IPO in Hong Kong of 2026.
Lingyi iTech provides precision manufacturing solutions for consumer electronics and serves global technology companies. It specialises in the design and manufacture of high-precision structural components, functional modules and intelligent manufacturing solutions used across smartphones, wearable devices, computers and other electronic products.
The Dua Associates team advising on the transaction was led by Partner Munish Sharma and Senior Advisor Sunil Malik, and supported by Partner Punish Arora, Principal Associate Seema Salwan and Associate Anirudh Jaiswal.
This mandate further reinforces Dua Associates' experience in advising multinational corporations and international issuers on Indian legal and regulatory aspects of complex capital markets transactions.
About Dua Associates:
Established in 1986, Dua Associates is one of India's leading full-service law firms, with over 200 professionals across eight offices across the major metropolises. With extensive experience in cross-border transactions, mergers and acquisitions, capital markets, private equity, infrastructure, international trade, taxation, intellectual property and dispute resolution, Dua Associates is consistently recognised by leading international legal directories for its expertise and client service.
For further information contact:
communications@duaassociates.com
meera@duaconsulting.com; Mobile: +91 99715 00866
tanika@duaassociates.com; Mobile: +91 9599615128