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.












Madhurima Mukherjee is a Partner at JSA and Head of the Capital Markets practice, with over 20 years of experience advising on India's most significant domestic and international securities offerings. Recognised as one of India's leading capital markets lawyers, she has advised on landmark IPOs, QIPs, rights issues, REITs, InVITs, block trades and strategic capital-raising transactions for top corporates, financial institutions, investors and government entities.