JSA advised DAM Capital Advisors Limited and Jefferies India Private Limited in relation to the qualified institutions placement by Laxmi Organic Industries Limited (“LOIL“). LOIL filed a placement document on October 10, 2023 for an issue of 9,625,579 equity shares to qualified institutional buyers aggregating to approximately ₹ 2,591.21 million.
Our Transaction Team Lead Partner – Arka Mookerjee, Partner – Siddhartha Desai, Principal Associate – Krupa Brahmbhatt Associate – Akash Joshi and Govind Roy
Arka’s practice area involves equity capital markets issuances which covers a wide range of products, such as Initial Public Offerings, Rights Issues, Qualified Institutions Placements, Initial Public Offering of Infrastructure Trusts and foreign currency convertible bonds.
Siddhartha specializes in public and private Capital Market transactions. He has advised various issuers, underwriters and selling shareholders on equity offerings such as initial public offerings, rights issues, qualified institutions placements, institutional placement programmes & infrastructure investment trusts (InvITs), and debt offerings such as non-convertible debenture issuances.