JSA advised on the rights issue of ₹12,718.30 million by IIFL Finance Limited. and Ambit Private Limited and Motilal Oswal Investment Advisors Limited acted as the merchant bankers to the transaction. IIFL is a NBFC registered with the RBI. The rights issue was completed on a fast-track basis and received a subscription of 134.93%.
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Associate – Jeebitesh Bhattacharya, Ayushi Pandit, Dhvanit Kothari, Preeti Gokhale.
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.