JSA advised Lloyds Metals and Energy Limited (“LMEL”), in relation to its qualified institutions placement (“QIP”) of 1,75,00,000 equity shares to qualified institutional buyers aggregating to approximately ₹1,218.00 crore. LMEL is one of the top five merchant miner in India.
The Book Running Lead Manager to this QIP was JM Financial Limited.
Deal value: INR 1,218.00 crore
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi, Associate – Ayushi Pandit, Dhvanit Kothari and Jeebitesh Bhattacharya.
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.