Firm Matters
BackKhaitan & Co acted as legal counsel the book running lead managers as to Indian law in connection with the draft red herring prospectus filed by Jio Platforms Limited, a subsidiary of Reliance Industries Limited in relation to its proposed initial public offering of equity shares, consisting of a fresh issue of up to 270 million shares.
Kotak Mahindra Capital Company Ltd, Morgan Stanley India Company Pvt Ltd, BofA Securities India Ltd, Axis Capital Ltd, BNP Paribas, Citigroup Global Markets India Pvt Ltd, CLSA India Pvt Ltd, DAM Capital Advisors Ltd, Goldman Sachs (India) Securities Pvt Ltd, HDFC Bank Ltd, HSBC Securities and Capital Markets (India) Pvt Ltd, ICICI Securities Ltd, IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd), Jefferies India Pvt Ltd, JM Financial Ltd, J.P. Morgan India Pvt Ltd, SBI Capital Markets Ltd, UBS Securities India Private Limited and 360 ONE WAM Limited acted as Book Running Lead Managers.
This is expected to be largest IPO in the history of Indian Capital Markets. The Company's subsidiary Reliance Jio Infocomm is the largest digital connectivity player in India. Investors in the Company include Meta, Google, ADIA, TPG and Mubadala.
Deal Team
The core team consisted of Sudhir Bassi (Executive Director), Aditya Cheriyan (Partner), Priya Awasthi (Partner), Tishita Mukherjee (Principal Associate), Anshul Mordia (Senior Associate), Hrithik Khurana (Senior Associate), Ira Pandya (Senior Associate), Aayush Virani (Senior Associate), Nibha Yadav (Associate), Ria Chaudhary (Associate), Vanshika Singh (Associate), Aayushi Poddar (Associate), Aryan Agarwal (Associate), Avantika Tanwar (Associate), Hrishi Kapadia (Associate) and Mehar Sharma (Associate).
