JSA advised JTL Industries Limited (the “Company“) and Nuvama Wealth Management Limited in the qualified institutions placement of equity shares of the Company.
The Company manufactures structural steel tubes and pipes, such as solar mounting structures, galvanized steel tubes and pipes, metal beam crash barriers, for application in various sectors including irrigation and agriculture, construction, energy, infrastructure, real estate and railways.
Deal Value: INR 3.00 billion
Our Transaction Team Comprised Lead Partner – Madhurima Mukherjee Saha, Partners – Mathew Thomas and Shivali Singh, Associates – Bhavini Mohan, Shristi Kanchan, Rishika Kharbanda and Khushi Dua.












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.
Shivali advises clients on capital markets transactions and corporate advisory matters, including general corporate commercial laws, Indian securities law and foreign exchange control laws.