JSA advised IIFL Securities Limited, Ambit Private Limited and Centrum Capital Limited in relation to the qualified institutions placement by AXISCADES Technologies Limited (“AXISCADES”). AXISCADES filed a placement document on January 15, 2024 for an issue of 3,323,262 equity shares to qualified institutional buyers aggregating to approximately ₹ 2,200.00 million.
AXISCADES is one of the leading, end-to-end engineering and technology solutions company with expertise that caters to the digital, engineering and smart manufacturing needs of large global enterprises with over three decades of operations.
Deal value: INR 2,200 million
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Principal Associate – Anshu Bansal, Senior Associate – Sourav Modi, Associate – Akash Joshi, Pooja Tada, Ayushi Pandit, and Anvita Sinha.
Anshu practices in the areas of Capital Markets (IPO, QIP, Rights Issues, Offer for Sale, Preferential allotments, buyback in listed space etc.).
Arka’s practice area involves 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.
Pracheta practices in the areas of Capital Markets (IPO, QIP, Rights Issues, Offer for Sale, Preferential allotments, buyback in listed space, ADR, GDR etc.).