J. Sagar Associates (JSA) acted as the counsel in Qualified institutions placement of INR 500 cr. by Hindustan Copper Limited, the only operating copper ore producing mining company in India.
HCL is also the only vertically integrated producer of refined copper in India with access to around two-fifths of India’s copper ore reserves and resources as on April 1, 2020.
This is the first QIP by a non-bank central public sector undertaking.
JSA team comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya and Associates – Sourav Modi and Ananth Balaji.
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.