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 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.