Harsh is joined by Siddhartha Desai, a partner at JSA. The firm was involved in more than 40% of India’s IPOs last year and ranks among the country’s leading capital markets practices.
Siddhartha joined JSA as an intern and has built his entire career there, working on some of its biggest equity deals, from the QIP by State Bank of India, India’s largest bank, to the Quess Corp IPO, which was oversubscribed 147 times.
In this episode, Siddhartha explains how AI is changing legal work, where IPO money actually goes, and why some deals collapse before they ever reach the market.
Siddhartha also discusses:
- Why going public has become more complex
- The unique challenges of landmark transactions
- Where AI still falls short for dealmakers
- A mentor’s lesson he has never forgotten
- The surprising goal behind most IPOs