Mumbai, India, 24 June 2025: JSA Advocates and Solicitors advised the book running lead managers, namely, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Axis Capital Limited, CLSA India Private Limited, JM Financial Limited, and Nuvama Wealth Management Limited, on Oswal Pumps Limited’s initial public offering of approximately ₹1,694 crore (which included the secondary sale of approximately ₹300 crore by the Promoter Selling Shareholder). The Prospectus was filed on June 17, 2025 further to which the equity shares commenced trading on the stock exchanges on June 20, 2025.
JSA’s team was led by Arka Mookerjee (Lead Partner), along with support from Pracheta Bhattacharya (Partner) and Anshu Bansal (Partner), and Ananth Balaji (Principal Associate), Govind Roy (Senior Associate), Ayushi Pandit (Associate), Aditi Khandal (Associate), Ritu R Jaiswal (Associate), Vaishnavi Kokkonda (Associate)
About JSA
Founded in 1991, JSA Advocates and Solicitors is one of India’s leading full-service national law firms with over 600 legal professionals spread across its seven locations in the country – Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai and New Delhi. As the go-to firm for the new transformative and digital Indian economy, JSA is regularly involved in many of the first-to-market and complex transactions and plays an integral role in advocacy and policy matters impacting various industries. JSA has built a reputation for its client-centric approach, quality of service, domain knowledge and insights across sectors and for delivering innovative solutions to complex legal and commercial issues for the benefit of clients. Consequently, JSA has consistently been recognised as a top-tier firm for its capabilities and expertise across practices and sectors by leading legal directories, league tables and industry journals.
