JSA Advocates & Solicitors (JSA) advised IIFL Capital Services Limited and HDFC Bank Limited, the Book Running Lead Managers, in relation to the initial public offering of equity shares of GK Energy Limited (“IPO”), which comprised a fresh issue and an offer for sale by the Promoter Selling Shareholders. The total IPO size, including a pre-IPO placement, aggregated to Rs. 5,642.60 million.
GK Energy Limited is a pure-play provider of EPC services for solar-powered agricultural water pump systems, contributing to sustainable energy solutions for the agricultural sector.
The JSA team was led by Partner Madhurima Mukherjee Saha, with support from the Capital Markets team including Partner Sagar Batra, and Associates Nidhi Prakriti, Aryaman Singh, Shashwat Sharma, and Tisa Padhy.
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.