JSA advised Ambit Private Limited and JM Financial Limited in relation to the qualified institutions placement (“QIP”) by Sundaram-Clayton Limited (formerly known as Sundaram-Clayton DCD Limited) (“SCL”). SCL filed the placement document on October 8, 2024 for an issue of 1,814,058 equity shares to qualified institutional buyers aggregating to approximately ₹ 400.00 crore.
JSA Team comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi and Associate– Jeebitesh Bhattacharya, Vatsla Varandani, Aditi Khandal, Ayushi Pandit and Vaishnavi Kokkonda.












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.