JSA
This edition of the JSA Brief showcases JSA authored articles, updates & newsletters and achievements such as deals and events in all practice area over the preceding month (June 2024).
To read further details, click here or refer to the below document.
For more details, please contact [email protected]
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JSA advised Axis Capital Limited in relation to the initial offering of units of Nxt-Infra Trust (“InvIT”), an infrastructure investment trust, on a private placement basis, comprising an issuance of units aggregating to ₹15,200.00 million. Actis Highway Infra Limited, an Actis affiliated entity, is the Sponsor of the InvIT.
As part of the transaction, the InvIT has acquired an asset portfolio comprising six road assets. The units of the InvIT were listed on NSE on July 02, 2024.
JSA Team comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi and Associate – Jeebitesh Bhattacharya.
JSA advised Cello World Limited (“Cello“) in relation to the qualified institutions placement by Cello. Cello filed a placement document on July 5, 2024 for an issue of 8,654,000 equity shares to qualified institutional buyers aggregating to approximately ₹ 7,373.21 million.
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Partner – Anshu Bansal, Senior Associate – Sourav Modi, Akash Joshi, Associate – Shambhavi Kumar, Govind Roy, Ayushi Pandit, Dhvanit Kothari and Junior Associate – Preeti Gokhale.
JSA advised Allcargo Gati Limited (“Allcargo Gati“) in relation to the qualified institutions placement (“QIP”) by Allcargo Gati.
Allcargo Gati filed a placement document on June 28, 2024, for an issue of 1,67,60,800 equity shares to qualified institutional buyers aggregating to approximately ₹ 1,692.80 million.
The Book Running Lead Managers to this QIP were Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and Equirus Capital Private Limited.
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Siddhartha Desai, Principal Associate – Krupa Brahmbhatt, Associate – Govind Roy, Shambhavi Kumar, Ayushi Pandit and Preeti Gokhale.
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.
JSA advised Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited in relation to the qualified institutions placement by MAS Financial Services Limited (“MAS“). MAS filed a placement document on June 21, 2024 for an issue of 17,467,248 equity shares to qualified institutional buyers aggregating up to approximately ₹ 5,000.00 million.
Our Transaction Team Comprised Lead Partner – Madhurima Mukherjee Saha, Partner – Mathew Thomas and Shivali Singh, Associate – Richa Prasad, Rishika Kharbanda and Tanvi Ginodia.
JSA advised Axis Capital Limited in relation to the qualified institutions placement by Craftsman Automation Limited (“Craftsman“). Craftsman filed a placement document on June 21, 2024 for an issue of 27,27,272 equity shares to qualified institutional buyers aggregating to approximately ₹ 12,000.00 million.
Deal value: INR 12,000 million
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Siddhartha Desai, Associate – Shambhavi Kumar, Govind Roy, and Ayushi Pandit and Junior Associate – Preeti Gokhale.
J. Sagar Associates is one of the top full-service law firms of India. Not only does it rankamong the largest law firms by number of partners and lawyers on its rolls, it alsoregularly features in the list of top law firms for deal advisory and capital markets practice.The firm’s capital markets division is headed by partner Madhurima Mukherjee.
Please click here to read the full interview of Madhurima Mukherjee, published in vccircle.
JSA advised Coforge Limited (“Coforge“) in relation to the qualified institutions placement by Coforge to fund the acquisition of Cigniti Technologies Limited. Coforge filed a placement document on May 27, 2024 for an issue of 4,869,565 equity shares to qualified institutional buyers aggregating to approximately ₹ 22,400.00 million.
Deal value: INR 22,400.00 million
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, and Anshu Bansal, Principal Associate – Krupa Brahmbhatt, Senior Associate – Akash Joshi, Govind Roy, Dhvanit Kothari, and Preeti Gokhale.
This edition of the JSA Brief showcases JSA authored articles, updates & newsletters and achievements such as deals and events in all practice area over the preceding month (May 2024).
To read further details, click here or refer to the below document.
For more details, please contact [email protected]
*In case the document is not visible on the device you are using, please click the link above.
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