Duane Morris & Selvam Advises the Book Running Lead Managers on Jupiter Wagons Limited’s INR 4,034 Million Qualified Institutions Placement of its Equity Shares

SINGAPORE, 14 December 2023 — Duane Morris & Selvam LLP acted because the particular worldwide counsel to Systematix Company Companies Restricted, Axis Capital Restricted and ICICI Securities Restricted of their capability because the e book operating lead managers on Jupiter Wagon’s Restricted’s current INR 4,034 million (US$48.6 million) certified establishments placement of its fairness shares.

Jupiter Wagons is likely one of the established producers of freight wagons in India and is among the many prime 5 wagon producers when it comes to put in capability supplying wagons to the Indian Railways and personal sector firms in India. It has 4 a long time of expertise in designing and manufacturing railway wagons, elements, and castings for passenger coaches and freight wagons. The corporate additionally designs and manufactures application-based load our bodies for industrial autos, together with tippers and trailers for infrastructure and development.

Duane Morris & Selvam’s group was led by Jamie Benson, the top of the U.S. capital markets, U.S. enterprise capital and India practices.

About Duane Morris & Selvam LLP

Duane Morris & Selvam LLP is the joint legislation enterprise between Duane Morris LLP and Selvam LLC, with its headquarters in Singapore. By the use of its world platform and in depth vary of authorized companies, the agency helps firms conduct enterprise out and in of Asia, the USA, Latin America, the UK and past. Along with the wonderful abilities of its attorneys, purchasers profit from the cultural fluency and key relationships that the agency has developed over a few years of practising legislation all through the area. The agency has a presence in the important thing markets of Southeast Asia, together with Singapore, Hanoi, Ho Chi Minh Metropolis and Yangon, in addition to an workplace in Shanghai. Supporting these regional places of work, the agency operates a collection of nation desks for India, Indonesia, Korea and Japan. It’s commonly ranked among the many area’s main legislation corporations by Chambers & Companions, The Authorized 500 and IFLR1000.

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