JSA advised Syrma SGS Technology Limited (the “Issuer”) on its qualified institutions placement (“QIP”) of 14,306,151 equity shares with a face value of INR 10 each, aggregating to approximately INR 10,000 million.
JM Financial Limited and DAM Capital Advisors Limited acted as the Book Running Lead Managers to the issue.
Syrma SGS Technology Limited is one of India’s leading Electronic System Design and Manufacturing (ESDM) companies in the non-consumer segment, and specializes in precision manufacturing for diverse end-use industries, including industrials, automotive and electric mobility, consumer, healthcare and medical devices, railways and information technology..
The JSA team was led by partner Madhurima Mukherjee Saha, with support from the Capital Markets team comprising of Partner, Shivali Singh; Senior Associate, Bhavini Mohan; Associates, Rachit Munjal, Anshuman Singh, Devyani Mishra and Adnan Danish.
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.