J. Sagar Associates (“JSA”) advised Axis Capital Limited, Nomura Financial Advisory and Securities (India) Private Limited, and UBS Securities India Private Limited as the Book Running Lead Managersin relation to the Qualified Institutional Placement of 1,153,845 equity shares by Affle (India) Limited at a price of ₹ 5,200 per Equity Share aggregating to ₹ 6,000 million.
JSA Team comprised Partners – Rohitashwa Prasad, Arka Mookerjee and Siddhartha Desai, Senior Associate – Krupa Brahmbhatt and Associates – Aishwarya Abhijit, Aniran Ghoshal and Harshita Iyer.
Arka’s practice area covers primarily 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.