IPO, FPO & Rights Issue

JMA Legal provides legal support for Initial Public Offerings (IPOs), Follow-on Public Offerings (FPOs), and Rights Issues on BSE Ltd. and the National Stock Exchange of India Ltd. (NSE).

Scope of work

  • Legal due diligence for public offerings
  • Drafting of prospectus in coordination with merchant bankers
  • Liaison & filings as required under applicable regulations

Merchant banking associates

JMA has worked in association with 21 merchant bankers across India on various assignments (last updated September 2026):

  1. Finshore Management Services Limited
  2. Gretex Corporate Services Private Limited
  3. Hem Securities Limited
  4. Seren Capital Private Limited
  5. Horizon Management Private Limited
  6. Nexgen Financial Solutions Private Limited
  7. LSI Financial Services Private Limited
  8. Cumulative Capital Private Limited
  9. Khandwala Securities Limited
  10. Bonanza Portfolio Limited
  11. Narnolia Financial Services Limited
  12. Wealth Mine Networks Pvt. Ltd.
  13. Affinity Global Services Private Limited
  14. Saubhagya Capital Options Pvt. Ltd.
  15. Fedex Securities Private Limited
  16. Corporate Capital Ventures Pvt. Ltd.
  17. Srujan Alpha Capital Advisors LLP
  18. Intelligent Money Managers Private Limited
  19. VC Corporate Advisors Private Limited
  20. First Overseas Capital Limited
  21. Swastika Investmart Limited

Over 100 offerings advised

The following is a list of IPOs, FPOs, and Rights Issues for which the firm has acted as legal advisor (last updated September 2026):

  1. Vishwas Refoils & Consumer Limited – BSE SME
  2. TGTMC Supply Chain Limited – NSE Emerge
  3. Meta Tech Ventures Limited – BSE SME
  4. Vedant Poly Fabs Limited – NSE Emerge
  5. Utazzo Services Ltd. – BSE SME
  6. Jivkar Seeds Limited – BSE SME
  7. Sollfege Smart Electronics Limited – BSE SME
  8. Home Zone Rubber Solutions Limited – BSE SME
  9. Dudani Retail Limited – BSE SME
  10. Yogiraj Powertech Limited – NSE Emerge
  11. Mother Agri Food Limited – BSE SME
  12. Mopshop Distribution Limited – BSE SME
  13. Datasol (Bangalore) Limited – BSE SME
  14. Elfin Agro India Limited – BSE SME
  15. Roopa Screen Limited – BSE SME
  16. Sampark India Logistics Limited – BSE SME
  17. Vama Wovenfab Limited – BSE SME
  18. Century Business Media Limited – BSE SME
  19. Universal Contractors and Engineers Limited – NSE Emerge
  20. Optimystix Entertainment India Limited – NSE Emerge
  21. Skytech Infinite Platform Limited – NSE Emerge
  22. Biopol Chemicals Limited – NSE Emerge
  23. Grover Jewells Limited – NSE Emerge
  24. Himalayan Solar Limited – NSE Emerge
  25. Fascinate Textiles Limited – NSE Emerge
  26. Utkal Speciality Industries India Limited – NSE Emerge
  27. Jagdamba Polymers Limited – NSE Emerge
  28. Shining Tools Ltd. – BSE SME
  29. Dhillon Freight Carrier Limited – BSE SME
  30. Sellowrap Industries Limited – NSE Emerge
  31. Ecoline Exim Limited – NSE Emerge
  32. Sundrex Oil Company Limited – NSE Emerge
  33. Sodhani Capital Limited – BSE SME
  34. Oremet Alloys and Castings Limited – BSE SME
  35. Swastika Castal Ltd. – BSE SME
  36. Chiraharit Limited – BSE SME
  37. Shipwaves Online Limited – BSE SME
  38. Gurunanak Agriculture India Limited – NSE Emerge
  39. Krupalu Metals Limited – BSE SME
  40. Shayona Engineering Ltd. – BSE SME
  41. Marc Loire Fashions Limited – BSE SME
  42. Spinaroo Commercial Limited – BSE SME
  43. Inductus Limited – BSE SME
  44. Repono Limited – BSE SME
  45. Netanalytiks Technologies Limited – BSE SME
  46. Shanmuga Hospital Limited – BSE SME
  47. Tenty Limited – NSE Emerge
  48. Purohit Steel India Limited – NSE Emerge
  49. Travels & Rentals Limited – BSE SME
  50. Indobell Insulations Limited – BSE SME
  51. Park Smart Solutions Limited – BSE SME
  52. Leapfrog Engineering Services Limited – BSE SME
  53. Satol Chemicals Limited – BSE SME
  54. Gujarat Peanut and Agri Products Limited – BSE SME
  55. Rama Telecom Limited – NSE Emerge
  56. Unilex Colours and Chemicals Ltd. – NSE Emerge
  57. Forge Auto International Ltd. – NSE Emerge
  58. Magenta Lifecare Ltd. – BSE SME
  59. Sai Swami Metals and Alloys Ltd. – BSE SME
  60. Sylvan Plyboard (India) Ltd. – NSE Emerge
  61. Asha Resins Ltd. – BSE SME
  62. Tandhan Polyplast Ltd. – NSE Emerge
  63. Vdeal System Ltd. – NSE Emerge
  64. New Swan Multitech Ltd. – BSE SME
  65. Rungta Greentech Ltd. – NSE Emerge
  66. Jiwanram Sheoduttrai Industries Ltd. – NSE Emerge
  67. Solve Plastic Products Ltd. – NSE Emerge
  68. Auro Impex & Chemicals Ltd. – NSE Emerge
  69. Nexxus Petro Industries Ltd. – BSE SME
  70. Aprameya Engineering Ltd. – NSE Emerge
  71. Shanti Spintex Ltd. – BSE SME
  72. Swashthik Plascon Ltd. – BSE SME
  73. Popular Foundations Ltd. – BSE SME
  74. Mayank Cattle Food Ltd. – BSE SME
  75. Atmastco Ltd. – NSE Emerge
  76. Promax Power Ltd. – BSE SME
  77. Ambo Agritec Ltd. – BSE SME
  78. Presstonic Engineering Ltd. – NSE Emerge
  79. Holmarc Opto-Mechatronics Ltd. – NSE Emerge
  80. Asarfi Hospital Ltd. – BSE SME
  81. Agni Green Power Ltd. – NSE Emerge
  82. Containe Technologies Ltd. – BSE SME
  83. Powerful Technologies Ltd. – NSE Emerge
  84. Amanaya Ventures Ltd. – BSE SME
  85. Satyacare Solutions Ltd. – BSE SME
  86. Indong Tea Company Ltd. – BSE SME
  87. Alphalogic Industries Ltd. – BSE SME
  88. Safa Systems & Technologies Ltd. – BSE SME
  89. Swaraj Suiting Ltd. – NSE Emerge
  90. Stitched Textiles Ltd. – Main Board of NSE & BSE
  91. Healthy Life Agritec Ltd. – BSE SME
  92. QVC Exports Ltd. – NSE Emerge
  93. DJ Mediaprints & Logistics Ltd. – NSE Emerge
  94. Fone4 Communications (India) Ltd. – BSE SME
  95. Naturo India Bulls Ltd. – BSE SME
  96. Destiny Logistic & Infra Ltd. – NSE Emerge
  97. Alphalogic Techsys Ltd. – BSE Start-up
  98. Tranway Technologies Ltd. – BSE Start-up
  99. Visaman Global Sales Ltd. – NSE Emerge
  100. Timescan Logistics (India) Ltd. – NSE Emerge
  101. Diksha Greens Ltd. – BSE SME
  102. Asian Tea & Exports Ltd. – BSE SME
  103. White Organic Retail Limited – BSE SME
  104. Dynamic Services & Security Ltd. – NSE Emerge
  105. Iris Clothings Ltd. – NSE Emerge
  106. Northern Spirit Ltd. – NSE Emerge
  107. East India Securities Ltd. – BSE SME