JSA Advocates & Solicitors has advised Syrma SGS Technology Limited on its qualified institutions placement of 14,306,151 equity shares worth INR 1,000 crore. Trilegal and Dentons US advised the book running lead managers to the deal.

The BRLMs comprised JM Financial and DAM Capital Advisors.

Syrma SGS Technology is one of India’s leading Electronic System Design and Manufacturing (ESDM) companies in the non-consumer segment, and specializes in precision manufacturing for diverse end-use industries, including industrials, automotive and electric mobility, consumer, healthcare and medical devices, railways and information technology.

The funds raised will be primarily used for the repayment of debt.

The JSA team was led by partner Madhurima Mukherjee Saha, with support from the capital markets team comprising partner Shivali Singh, senior associate Bhavini Mohan, and associates Rachit Munjal, Anshuman Singh, Devyani Mishra and Adnan Danish.

The Trilegal team was led by partner Brajendu Bhaskar, senior associate Arsh Sinha, and associates Pratyusha Dasgupta, Akanksha Goel, Mohak Agarwal and Shraddha S.