JSA Advocates & Solicitors (JSA) advised one of the institutional selling shareholders in the proposed Initial Public Offering of equity shares of National Stock Exchange of India Limited (“NSE”) comprising of offer for sale of up to 148,905,525 equity shares.
NSE is the largest stock exchange in India in terms of total turnover in cash market and total turnover in equity derivatives (based on notional turnover for equity options) from Fiscal 2011 to Fiscal 2026 and has also been the largest stock exchange in India in terms of total turnover in exchange-traded currency derivatives (based on notional turnover for currency options) from Fiscal 2009 to Fiscal 2026.
The JSA team benefited from strategic inputs and advice from Vikram Raghani. The mandate was led by Partner Arka Mookerjee, with support from Pracheta Bhattacharya, Partner, Sourav Modi, Partner, and Prateek Khandelwal, Associate.
Arka Mookerjee is a Partner and Co-Head of the Equity Capital Markets practice, with over 21 years of experience advising on India’s most complex and high-value transactions. Widely recognised for pioneering mandates—including India’s first QIP and InvIT IPO—he represents issuers, underwriters and investors across capital markets and investment structures. Arka actively engages with regulators and industry bodies, playing a key role in shaping India’s evolving capital markets framework.