
The team at JSA Advocates & Solicitors is experienced advising underwriters in India on IPOs, QIPs, and rights offers, along with the range of equity capital markets transactions. Madhurima Mukherjee, based out of New Delhi, has significant experience assisting on local and cross-border securities transactions, such as InvITS, and co-leads the team with Mumbai office head Arka Mookerjee who is a key point of contact for issuers, underwriters and other stakeholders in both equity and debt transactions. Anuj Pethia joined the team in September 2024, following Mathew Thomas‘ July 2024 departure, and Karan Mitroo and Purvi Dabbiru both joined in April 2025.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team displays outstanding professionalism, combined with deep regulatory insight.'
'Their preparation for transactions is consistently thorough, ensuring clients are well-positioned. They work with precision and navigate the evolving market dynamics with confidence.’
‘The capital markets team at the law firm is extremely knowledgeable.’
‘The team members have practical approach and provide valuable inputs based on their experience and expertise.’
Key clients
- NTPC Green Energy Limited
- National Highways Infra Trust
- Waaree Energies Limited
- UPL Limited
- Bharat Highways InvIT
- Coforge Limited
- Nxt-Infra Trust
- Apeejay Surrendra Park Hotels Limited
- Swiggy Limited (Selling Shareholders)
- Sagility B.V.
- Veeda Clinical Research Limited
- Fusion Finance Limited
Work highlights
Advised NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Limited, on its ₹100,000 million IPO—the largest fresh equity issuance in India in fiscal 2025 and one of the largest renewable energy IPOs to date.
Advised the lead managers on the institutional placement of units by National Highways Infra Trust.
Advised the lead managers, on the ₹43,214.40m IPO of equity shares by Waaree Energies Limited, the flagship company of Waaree Group.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head
Madhurima Mukherjee; Arka Mookerjee
Other key lawyers
Anuj Pethia; Karan Mitroo; Purvi Dabbiru
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