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27 September 2024

Qualified Institutions Placement Of Llodys Metals And Energy Limited

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JSA

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JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters. The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates. JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi. The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
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...
India Corporate/Commercial Law
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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 PanditDhvanit Kothari and Jeebitesh Bhattacharya.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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