JSA advised the Karnataka Bank Limited (the “Bank“) in relation to the qualified institutions placement by the Bank. The Bank filed a placement document on March 27, 2024 for an issue of 26,431,718 equity shares to qualified institutional buyers aggregating to approximately ₹ 6,000.00 million (the “Issue“). Ambit Private Limited and Avendus Capital Private Limited acted as lead managers to the Issue.
Deal Value: INR 6,000.00 million
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya and Anshu Bansal, Senior Associate – Akash Joshi, Associate – Ayushi Pandit and Shambhavi Kumar.
Anshu practices in the areas of Capital Markets (IPO, QIP, Rights Issues, Offer for Sale, Preferential allotments, buyback in listed space etc.).
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.
Pracheta practices in the areas of Capital Markets (IPO, QIP, Rights Issues, Offer for Sale, Preferential allotments, buyback in listed space, ADR, GDR etc.).