Latham Advises on JSW Cement’s US$410 Million IPO

Latham & Watkins has advised on JSW Cement’s US$410 million initial public offering (IPO) on the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange (BSE). JM Financial, Axis Cap, Citigroup, DAM Capital, Goldman Sachs, Jefferies India, Kotak, and SBI Cap served as the book running lead managers for the IPO.

The Latham team was led by Singapore corporate partner Rajiv Gupta, with associates Esha Goel, Margarita del Rosario, Jeffy Katio, and Chaitrika Bellana. Advice was also provided on US tax matters by New York partner Elena Romanova, with associate Claire Park.

ABOUT JSW CEMENT

JSW Cement, part of the JSW Group, is a leading green cement manufacturer company in India and is the fastest growing cement manufacturing company in the country in terms of increase in installed grinding capacity and sales volume.

ABOUT LATHAM’S INDIA PRACTICE

With over 20 years of experience advising on Indian debt and equity capital markets transactions, Latham has one of the largest and most active India practices among international law firms. The multi award-winning practice comprises more than 50 lawyers globally, and the team has advised on India-related matters with a combined value in excess of US$100 billion since 2018.