JSA advised Axis Capital Limited in relation to the qualified institutions placement by Craftsman Automation Limited (“Craftsman“). Craftsman filed a placement document on June 21, 2024 for an issue of 27,27,272 equity shares to qualified institutional buyers aggregating to approximately ₹ 12,000.00 million.
Deal value: INR 12,000 million
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Siddhartha Desai, Associate – Shambhavi Kumar, Govind Roy, and Ayushi Pandit and Junior Associate – Preeti Gokhale.
Arka’s practice area covers primarily equity capital markets issuances which covers a wide range of products such as Initial Public Offerings, Rights Issues, Qualified Institutions Placements, Initial Public Offering of Infrastructure Trusts and foreign currency convertible bonds.