JSA advised Lloyds Metals and Energy Limited (“LMEL”), in relation to its qualified institutions placement (“QIP”) of 1,75,00,000 equity shares to qualified institutional buyers aggregating to approximately ₹1,218.00 crore. LMEL is one of the top five merchant miner in India.
The Book Running Lead Manager to this QIP was JM Financial Limited.
Deal value: INR 1,218.00 crore
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi, Associate – Ayushi Pandit, Dhvanit Kothari and Jeebitesh Bhattacharya.
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.