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Qualified Institutions Placement of DCX Systems Limited

Deal
January 23, 2024

JSA advised DAM Capital Advisors Limited (the “BRLM“) in the qualified institutions placement of equity shares of DCX Systems Limited (“QIP”).

DCX Systems Limited (“Company”) is among the leading Indian manufacturing players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in Fiscal 2023 (Source: Company Commissioned F&S Report). The Company has issued 14,662,756 equity shares to qualified institutional buyers on January 19, 2024 aggregating to ₹5,000.00 million.

Deal value: USD 77.48 million

Our Transaction Team Comprised Lead Partner – Madhurima Mukherjee Saha, Partner – Mathew Thomas, Senior Associate – Sagar Batra, Associate – Richa Prasad, Sanat Goel, Rishika Kharbanda and Varun Nair.

POST TAGS

Tags Banking and Financial Services, Capital Markets, JSA, Leading Law Firm, Leading Lawyers, Manufacturing, QIP

Madhurima Mukherjee (Saha) Partner

Madhurima has more than 20 years of experience in securities offerings in the domestic and international markets including initial public offering, further offers, rights offer, qualified institutions placement, InVITs, block trades.

Sagar Batra Senior Associate

Sagar advises clients on transactional and corporate advisory matters. He has experience in advising clients on Indian securities law, corporate laws, foreign exchange control laws, and capital markets transactions (including public offerings, qualified institutions placements, rights issues, foreign currency bonds issuances, and offerings by InvITs).

Sanat Goel Associate

Sanat is an Associate at the New Delhi office of JSA. He graduated from law school in 2022 and his primary experience area is capital markets transactions and securities law.