JSA advised DAM Capital Advisors Limited and Jefferies India Private Limited in relation to the qualified institutions placement by Laxmi Organic Industries Limited (“LOIL“). LOIL filed a placement document on October 10, 2023 for an issue of 9,625,579 equity shares to qualified institutional buyers aggregating to approximately ₹ 2,591.21 million.
Our Transaction Team Lead Partner – Arka Mookerjee, Partner – Siddhartha Desai, Principal Associate – Krupa Brahmbhatt Associate – Akash Joshi and Govind Roy
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.
Siddhartha specializes in public and private Capital Market transactions. He has advised various issuers, underwriters and selling shareholders on equity offerings such as initial public offerings, rights issues, qualified institutions placements, institutional placement programmes & infrastructure investment trusts (InvITs), and debt offerings such as non-convertible debenture issuances.