JSA Advocates & Solicitors (JSA) is advising Sathya Agencies Limited in connection with its proposed initial public offering (IPO) of equity shares aggregating up to ₹6,000 million. The offering comprises a fresh issue of equity shares of up to ₹3,000 million and an offer for sale of equity shares aggregating up to ₹3,000 million.
Sathya is the largest consumer durables and electronics-focused retail player in Tamil Nadu and South India by number of stores as of March 2026 and ranks as the largest in Tamil Nadu and fifth largest in India among its peers in terms of revenue from operations for Fiscal 2025.
The JSA team is led by Arka Mookerjee, Partner, along with Pracheta Bhattacharya, Partner, and Ananth Balaji, Partner, supported by Shreya Sharma, Associate, Palak Karundia, Associate, Prateek Khandelwal, Associate, Ritu R Jaiswal, Associate, Bhuvnesh Kumar, Associate and Ishika Jain, 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.