JSA is advising Equirus Capital Private Limited and DAM Capital Advisors Limited in relation to the proposed initial public offering of equity shares of M & B Engineering Limited (“IPO”) aggregating up to ₹ 6.53 billion comprising of a fresh issue of up to ₹ 3.25 billion and an offer for sale aggregating up to ₹ 3.28 billion by certain selling shareholders. M & B Engineering Limited has filed its draft red herring prospectus with SEBI on September 25, 2024.
Deal value: INR 6.53 billion
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Siddhartha Desai, Associates – Govind Roy, Ayushi Pandit, Prateek Khandelwal, Anvita Sinha, and Dhvanit Kothari.












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.