JSA Advocates & Solicitors (JSA) advised IIFL Capital Services Limited and HDFC Bank Limited, the Book Running Lead Managers, in relation to the initial public offering of equity shares of GK Energy Limited (“IPO”), which comprised a fresh issue and an offer for sale by the Promoter Selling Shareholders. The total IPO size, including a pre-IPO placement, aggregated to Rs. 5,642.60 million.
GK Energy Limited is a pure-play provider of EPC services for solar-powered agricultural water pump systems, contributing to sustainable energy solutions for the agricultural sector.
The JSA team was led by Partner Madhurima Mukherjee Saha, with support from the Capital Markets team including Partner Sagar Batra, and Associates Nidhi Prakriti, Aryaman Singh, Shashwat Sharma, and Tisa Padhy.
Madhurima has more than 20 years of experience in securities offerings in the domestic and international markets including initial public offering, further offers, rights offer, qualified institutions placement, InVITs, block trades.