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HomeLaw firmsDeals and TransactionsJSA Advises Allcargo Gati on ₹1,692.80 Million QIP

JSA Advises Allcargo Gati on ₹1,692.80 Million QIP

JSA provided legal counsel to Allcargo Gati Limited in connection with their qualified institutions placement (QIP)

On June 28, 2024, Allcargo Gati filed a placement document for issuing 1,67,60,800 equity shares to qualified institutional buyers, raising approximately ₹1,692.80 million.

The Book Running Lead Managers for this QIP were Nuvama Wealth Management Limited (formerly Edelweiss Securities Limited) and Equirus Capital Private Limited.

The JSA transaction team was led by Partner Arka Mookerjee and included Partner Siddhartha Desai, Principal Associate Krupa Brahmbhatt, and Associates Govind Roy, Shambhavi Kumar, Ayushi Pandit, and Preeti Gokhale.

Allcargo Gati Limited is a leading player in India’s logistics and supply chain industry, offering a comprehensive range of services. The company specializes in express distribution, providing fast and reliable delivery services nationwide. It also offers supply chain solutions, ensuring efficiency and cost-effectiveness for businesses. Allcargo Gati boasts modern and strategically located warehousing facilities, supporting storage and distribution needs. Additionally, the company has expertise in international freight forwarding, handling both air and sea shipments. Their contract logistics services provide tailored logistics solutions, including end-to-end management of the logistics process.

Known for its commitment to innovation and technology, Allcargo Gati continually enhances its services to meet the evolving needs of its customers. The company’s extensive network and experienced workforce ensure seamless logistics solutions, making it a trusted partner for businesses across various sectors.

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