JSA Advocates & Solicitors (JSA) has advised 5paisa Capital Limited in connection with its rights issue of equity shares aggregating up to ₹4,688.23 million.
The issue comprises up to 15,627,419 equity shares offered on a rights basis to eligible shareholders.
5paisa is a technology-driven financial services company offering discount broking and a wide range of investment and trading solutions across capital markets through its digital platforms, including mobile and web-based applications. Its services span capital markets, futures and options, currency derivatives and commodity derivatives segments, and include distribution of mutual funds and IPOs with memberships across leading Indian stock exchanges.
The JSA team was led by Arka Mookerjee, Partner, along with Siddhartha Desai, Partner and Ananth Balaji, Partner, supported by Aditya Sureka, 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.