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’s practice area covers primarily 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.