JSA advised KEC International Limited (“KEC”), in relation to its qualified institutions placement (“QIP”) of 91,11,630 equity shares to qualified institutional buyers aggregating to approximately ₹ 870.16 crore. KEC is among the prominent global engineering, procurement and construction (“EPC”) players in India.
The Book Running Lead Managers to this QIP were ICICI Securities Limited and JM Financial Limited.
Deal value: INR 870.16 crore
Our transaction team comprised lead partner – Arka Mookerjee, partner – Pracheta Bhattacharya, senior associate – Sourav Modi, and associates – Jeebitesh Bhattacharya, Ayushi Pandit, Dhvanit Kothari and junior associate – Anoop Mukundan.
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.