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HomeLaw firmsDeals and TransactionsJSA advised on Cello World's ₹7,373.21 Million QIP

JSA advised on Cello World’s ₹7,373.21 Million QIP

JSA provided legal counsel to Cello World Limited (“Cello”) for its qualified institutions placement (QIP)

On July 5, 2024, Cello filed a placement document to issue 8,654,000 equity shares to qualified institutional buyers, amounting to approximately ₹7,373.21 million.

The transaction team from JSA included Arka Mookerjee as Lead Partner, with Partners Pracheta Bhattacharya and Anshu Bansal, Senior Associates Sourav Modi and Akash Joshi, supported by Associates Shambhavi Kumar, Govind Roy, Ayushi Pandit, Dhvanit Kothari, and Junior Associate Preeti Gokhale.

Cello World is a popular Indian consumer products company with presence in three product categories: consumer houseware, writing instruments and stationery, and moulded furniture and allied products.

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