Leading Associates

Capital markets in India

AZB & Partners

AZB & Partners has notable pan-India capital markets expertise, handling the full range of matters, including public offerings, qualified institution placements and rights issuances, and is active in banking, private equity, fintech and retail ventures. The team is led by Mumbai-based Varoon Chandra, who has extensive experience in assisting clients with domestic and cross-border capital markets transactions, while Lionel D’Almeida leads on securitisations. Bangalore-based Srinath Dasari‘s ambit of work includes institutional placements and securities buy-back transactions, and Agnik Bhattacharyya frequently acts for issuers and investment banks from New Delhi. The other key members at the junior end include Sweta Ananthanarayanan and Rahul Aggarwal.

Responsables de la pratique:

Varoon Chandra


Autres avocats clés:

Agnik Bhattacharyya; Lionel D’Almeida; Srinath Dasari; Sweta Ananthanarayanan; Rahul Aggarwal


Les références

‘We’ve worked with the AZB team on various capital markets issues, and they are a great team to work with. They are experienced, knowledgeable and collaborative in their approach to transaction management and execution.’

‘Varoon Chandra is a senior and experienced practitioner who makes working together on the transaction a smooth and client-friendly experience. He is knowledgeable and commercially savvy and can combine that to deliver a high-quality experience for the client. Agnik Bhattacharyya is very hands-on, a voice of reason in difficult situations and combines his experience with deep knowledge and pragmatism.’

‘Throughout our engagements with AZB, We found their a) Extent of Detailing and b) Articulation and Simplification of the laws/provisions to be of the highest professional standards.’

Principaux clients

Allied Blenders and Distillers Limited


Anand Rathi Wealth Limited


Aptus Value Housing Finance India Limited


AU Small Finance Bank Limited


Avalon Technologies Limited


Axis Bank Limited


BIBA Fashion Limited


Blue Jet Healthcare Limited


BVG India Limited


Bharti Airtel Limited


CarTrade Tech Limited


Chemplast Sanmar Limited


Chemspec Chemicals Limited


Chindata Group Holdings Limited


Computer Age Management Services Limited


CSB Bank Limited


Data Patterns (India) Limited


Delta Corp Limited


Deltatech Gaming Limited


DLF Limited


Dodla Dairy Limited


Electronics Mart India Limited


Emcure Pharmaceuticals Limited


eMudhra Limited


Fabindia Limited


Fincare Small Finance Bank Limited


Five Star Business Finance Limited


FSN E-Commerce Ventures Limited


Global Health Limited


Go Digit General Insurance Limited


HDFC Asset Management Company Limited


HDFC Bank Limited


HDFC Standard Life Insurance Company Limited


HFCL Limited


Housing Development Finance Corporation Limited


ICICI Bank Limited


ICICI Prudential Asset Management Co. Limited


IDFC First Bank Limited


IndiaMART InterMESH Limited


Indian Railway Finance Corporation Limited


Indegene Limited


Infosys Limited


InterGlobe Aviation Limited


Jana Small Finance Bank Limited


JK Files & Engineering Limited


Kalyan Jewellers Limited


KFin Technologies Limited


Kotak Mahindra Bank Limited


Mankind Pharma Limited


Max Healthcare Institute Limited


Muthoot Finance Limited


Nazara Technologies Limited


National Commodity & Derivatives Exchange Limited


National Stock Exchange of India Limited


Northern Arc Capital Limited


One Mobikwik Systems Limited


Oravel Stays Limited


PI Industries Limited


Protean eGov Technologies Limited


RBL Bank Limited


Rainbow Children’s Medicare Limited


Reliance Industries Limited


Ruchi Soya Industries Limited


Sanathan Textiles Limited


Sansera Engineering Limited


Sapphire Foods India Limited


SBI Cards and Payment Services Limited


SBI Life Insurance Company Limited


Seven Islands Shipping Limited


Shriram Properties Limited


SRF Limited


Tata Consultancy Services Limited


Tata Investment Corporation Limited


Tata Motors Limited


Tata Steel Limited


Tata Capital Financial Services Limited


TVS Supply Chain Solutions Limited


Uniparts India Limited


YES Bank Limited


Axis Capital Limited


Barclays Bank Plc.


BofA Securities India Limited


Citigroup Global Markets India Private Limited


Credit Suisse Securities India Private Limited


CLSA India Private Limited


DAM Capital Advisors Limited (formerly IDFC Securities Limited)


Deutsche Equities India Private Limited


Equirus Capital Private Limited


Goldman Sachs India (Securities) Private Limited


Haitong Securities India Private Limited


HDFC Bank Limited


HSBC Securities and Capital Markets (India) Private Limited


ICICI Securities Limited


India Infoline Limited


IIFL Holdings Limited


IIFL Securities Limited


Investec Capital Services (India) Private Limited


Jefferies India Private Limited


JM Financial Limited


J.P. Morgan India Private Limited


Kotak Mahindra Capital Company Limited


Morgan Stanley India Private Limited


Motilal Oswal Investment Advisors Limited


Nomura Financial Advisory and Securities (India) Private Limited


SBI Capital Markets Limited


UBS Securities India Private Limited


CLSA India Private Limited


DAM Capital Advisors Limited (formerly IDFC Securities Limited)


Bain Capital


Blackstone


BNP Paribas Cardif S.A.


Brighton Park Capital (BPC Genesis Fund I SPV, Ltd. and BPC Genesis Fund I-A SPV, Ltd)


Carlyle


Elevar


Eight Roads


Equity International


Fairfax


FMO


Gateway Partners


General Atlantic


GIC


Goldman Sachs


IIFL Special Opportunities Fund


International Finance Corporation


Ivanhoe OP India Inc.


Kayak Investments Holding Pte. Ltd.


KKR


Lighthouse India Fund III, Limited and Lighthouse India III Employee Trust


Morgan Stanley


Nadathur Family Office


Norwest Venture Partners


Omega TC Sabre Holdings Pte. Ltd.


Sequoia


Société Beaujon


Starwood


Tata Capital


The Rohatyn Group


Tree Line


TPG


Uber B.V.


Warburg Pincus


WestBridge


Walton Street Capital


Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas fields a full-service capital markets practice, which handles a broad spectrum of capital markets work, including high-profile IPOs, large-scale rights issuances, buybacks and debt issuances. The group covers a broad range of areas, advising clients from investment banks to private equity investors on regulatory matters alongside financial transactions. National head Yash J. Ashar has particular expertise in structured finance and securitisation work, IPOs, follow-on offerings and qualified institution placements. Kranti Mohan has developed an impressive advisory practice, handling the establishment and listing of businesses, infrastructure investments and real estate investment trusts, while Gokul Rajan has a strong reputation in equity and debt transactions.

Responsables de la pratique:

Yash J. Ashar


Autres avocats clés:

Vinay Sirohia; Kranti Mohan; Gokul Rajan; Janhavi Seksaria


Les références

‘Cyril Amarchand Mangaldas has several partners that stand out in their performance. Vinay Sirohia has a solution-oriented mindset. Kranti Mohan is an excellent leader and groomed his team to grow independently. Janhavi Seksaria is probably the most promising one. She is full of energy and passionate about her work.’

‘Top notch professionals with deep expertise & domain knowledge.’

‘Domain expertise and problem-solving attitude.’

Principaux clients

Piramal Enterprises Limited


Solar Industries India Limited


JP Morgan Securities India Private Limited


IndusLaw

IndusLaw advises clients on the issuance of debt and equity instruments, securities transactions, disclosures and regulatory issues. The team has worked on several high-profile capital markets matters with key clients, including real estate businesses, pharmaceuticals companies and financial institutions. Team lead Manan Lahoty has expertise in international capital markets and public offerings, and Vishal Yaduvanshi covers a broad range of transactions, including IPOs, QIPs, rights issuances and buybacks. Ravi Dubey regularly advises issuers, investors and underwriters on debt and equity transactions, while Manshoor Nazki focuses on domestic and international listings of equity, debt and convertible securities. The other key members include Abhiroop Lahiri and Abhyuday Bhotika.

Responsables de la pratique:

Manan Lahoty


Autres avocats clés:

Ravi Dubey; Manshoor Nazki; Abhiroop Lahiri; Vishal Yaduvanshi; Abhyuday Bhotika


Les références

‘IndusLaw’s team is very responsive, client focused and can independently manage transactions.’

‘Manan Lahoty, Abhiroop Lahiri and Vishal Yaduvanshi have a very good understanding of client issues and can communicate market and SEBI positions on complex issues.’

‘The IndusLaw firm has a team of highly skilled and specialized lawyers with extensive experience in various practice areas. This breadth of expertise allows the firm to provide comprehensive and tailored solutions to its clients’ diverse legal needs. The client-centric approach is one of its standout features. The team takes the time to understand each client’s unique goals, challenges, and industry landscape, ensuring that their legal advice aligns with the client’s business objectives. The firm is known for its diligence and dedication to providing top-notch legal services. The team goes the extra mile to research, analyze, and strategize, ensuring that clients receive high-quality representation and counsel at every stage of their legal matters.’

Principaux clients

Macrotech Developers Limited


Honasa Consumer Limited


Suzlon Energy Limited


SAMHI Hotels Limited


Cyient DLM Limited


Blue Jet Healthcare Limited


Concord Biotech Limited


FirstMeridian Business Services Limited


Allied Blenders and Distillers Limited


Fusion Microfinance Limited


Fincare Small Finance Bank Limited


Concord Enviro Systems Limited


Balaji Specialty Chemicals Limited


Innova Captab Limited


Lohia Corp Limited


Rashi Peripherals Limited


SPC Life Science Limited


Updater Services Limited


Edelweiss NCD


Navi Technologies Limited


Utkarsh Small Finance Bank Limited


Principaux dossiers


  • Advised BRLMs on all aspects of Indian law in the proposed Qualified Institutional Placement by Macrotech Developers Limited.
  • Advised BRLMs on all aspects of Indian law in the proposed initial public offering by Honasa Consumer Limited.
  • Advised BRLMs on the proposed initial public offering of equity shares of Oravel Stays Limited.

JSA Law

JSA Law possesses an experienced capital markets team that guides its clients through high-value IPOs, rights issuances and share allotments. The team has seen an increase in equity capital markets mandates and continues to advise domestic investors on the listing of companies in various sectors. Practice head Madhurima Mukherjee has substantial experience in advising on further offers, rights offers and qualified institution placements, and Dina Wadia, who leads the debt capital markets side, has vast expertise in assisting banks and large Indian corporates with raising debt capital in the Indian market. Arka Mookerjee focuses on the equity capital markets side and regularly assists issuers, merchant bankers and selling shareholders.

Responsables de la pratique:

Madhurima Mukherjee; Dina Wadia; Arka Mookerjee


Les références

‘It’s by far the best legal team I have worked with: diligent and responsive.’

‘Arka Mookerjee is a star and is completely customer-oriented.’

Principaux clients

EXIM


Joint Lead Managers in the issue by Reliance Industries Limited


BPCL


State Bank of India


JM Financial Limited, A.K. Capital Services Limited, ICICI


Securities Limited, SBI Capital Markets Limited and Trust


Investment Advisors Private Limited


Prudent Corporate Advisory Services Limited


Indiabulls Real Estate Limited


Archean Chemical Industries Limited


Data Infrastructure Trust


DCX Systems Limited


Khaitan & Co LLP

Khaitan & Co. excels across equity and debt capital markets work in India, with extensive experience spanning initial public offerings, rights offerings and qualified institutional placements. The team has seen an increase in equity capital markets mandates and continues to advise domestic investors on the listing of companies. Sudhir Bassi, who has expertise in regulatory matters and all types of capital market transactions, leads the team, while Abhimanyu Bhattacharya focuses on follow-on public offerings, QIPs and offshore high-yield bonds. Madhur Kohli and Aditya Cheriyan have longstanding experience in handling the issuance of Basel II and Basel III bonds and international offerings. Other key members of the department are Gautham Srinivas and Manisha Shroff.

Responsables de la pratique:

Sudhir Bassi


Autres avocats clés:

Abhimanyu Bhattacharya; Madhur Kohli; Aditya Cheriyan; Gautham Srinivas; Manisha Shroff


Les références

‘Very focused, good services and professional attitude.’

‘Dedicated and skilled, with good understanding of the markets and precedents.’

Principaux clients

Nexus Select Trust REIT


Ruchi Soya Industries Limited


Crompton Greaves Consumer Electricals Limited


State Bank of India


Reliance Jio Infocomm Limited


L&T Finance Limited


Vedanta Resources Limited


Creditaccess Grameen Limited


Vedant Fashions Limited


Campus Activewear Limited


Paradeep Phosphates Limited


Bikaji Foods International Limited


Indiabulls Real Estate Limited


Syrma SGS Technology Limited


Inox Green Energy Services Limited


Keystone Realtors Limited


Landmark Cars Limited


DCX Systems Limited


Anupam Rasayan India Limited


BIBA Fashion Limited


Principaux dossiers


  • Advised Patanjali Foods Limited on a public offering of up to 6,61,53,846 equity shares.
  • Assisted Crompton Greaves Consumer Electricals Limited with the issuance of up to 3250 secured, rated, listed, redeemable, non-convertible debentures.

S&R Associates

S&R Associates fields an experienced team in capital markets work and is routinely involved in significant transactions, acting for a varied client base, which includes investment banks, issuers and private equity selling shareholders. Sandip Bhagat heads up the practice and has substantial experience advising on IPOs and business trust offerings by InvITs and REITs. Jabarati Chandra focuses on the equity capital markets side and handles securities regulation matters, while Juhi Singh covers transactional mandates such as rights issuances, qualified institutional placements and other equity offerings. Jitesh Shahani and Pratichi Mishra are additional key team members who regularly assist with debt offerings, bulk/block trades, high-yield bond issuances and regulatory matters.

Responsables de la pratique:

Sandip Bhagat


Autres avocats clés:

Jabarati Chandra; Juhi Singh; Pratichi Mishra; Jitesh Shahani


Les références

‘The team at S&R Associates are exceptional. They are very knowledgeable, proactive, hands-on and commercially aware. We have frequently referred work to them in situations involving high-value matters or complex legal or regulatory analysis, as the client benefits from their in-depth analysis and proactiveness, combined with their understanding of the Indian market. ’

‘Sandip Bhagat is stellar. He is at the top of his game, combining a vast and deep knowledge of Indian capital markets and commercial sensitivity and judgement in high-value transactions. He is also very approachable and clear in explaining complex regulatory issues and frameworks to clients. Jabarati Chandra is knowledgeable, proactive and a pleasure to work with together or across the table.’

‘S&R Associates is known for its capital market practice. It has experienced team members at all levels. The firm is known for its quality standards.’

Principaux clients

AGS Transact Technologies Limited


Axis Capital Limited


BofA Securities India Limited


Citigroup Global Markets India Private Limited


Embassy Office Parks REIT


Global Health Limited


IIFL Securities Limited


IRB Infrastructure Trust


J.P. Morgan India Private Limited


Kotak Mahindra (Investment Bank)


Morgan Stanley


Motilal Oswal Investment Advisors Limited


SBI Capital Markets Limited


Suzlon Energy Limited


Vodafone Group Plc


Principaux dossiers


  • Represented Global Health Limited, the operator of ‘Medanta’ hospitals, in its ₹22.05bn initial public offering.
  • Represented Suzlon Energy Limited, a listed renewable energy solutions provider, in its ₹12bn rights issuance.
  • Represented IRB Infrastructure Trust in a ₹2,425m rights issuance to eligible unitholders of the unlisted InvIT.

Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas & Co‘s team is strong across all categories of capital market transactions, including primary offerings of bonds by domestic issuers and global offerings of equity securities. Team lead Prashant Gupta has a strong reputation in equity and debt transactions and extensive expertise in IPOs, follow-on offerings and capital restructurings. Nikhil Naredi, who leads the equity capital markets team, covers a broad range of securities offerings for investors, issuers and investment banks, while Shilpa Mankar Ahluwalia specialises in structured finance and debt offerings. Shubangi Garg is recognised for her expertise in debt investments and listed NCD issuances by InvITs and REITs, while Sayantan Dutta regularly assists government departments and merchant banks with disinvestment transactions. Manjari Tyagi is another key contact.

Responsables de la pratique:

Prashant Gupta; Nikhil Naredi; Shilpa Mankar Ahluwalia


Autres avocats clés:

Shubangi Garg; Sayantan Dutta; Manjari Tyagi


Les références

‘The team is commercial, good at problem solving, diligent and balanced.’

Principaux clients

LIC


Paradeep Phosphates


Au Small Finance


Delhivery Limited


Bharti listed


Sula Vineyards


KFin


Campus


Continuum Energy


Block of Embassy Office Parks


ONGC OFS


Indian Hotels


Motherson


DLF ICICI


Mindspace Business Parks


Principaux dossiers


  • Assisted the Book Running Lead Managers with an initial public offering by KFin Technologies Limited of equity shares aggregating to $181m.
  • Assisted Sula Vineyards Limited with an initial public offering of equity shares aggregating to $116.09m.

Luthra and Luthra Law Offices India

Luthra and Luthra Law Offices India advises issuers, underwriters, selling shareholders, financial advisers and other market participants in connection with IPOs, public tender offers, qualified institutional placements, private placements, derivative instruments and regulatory matters. Practice head Geeta Dhania has longstanding experience in handling all kinds of transactions involving equity and debt offerings for domestic and global enterprises, while Karan Mitroo is adept at assisting clients with cross-border debt financings in India. Girish Rawat focuses on listed and unlisted bond issuances and securitisation work.

Responsables de la pratique:

Geeta Dhania; Karan Mitroo; Girish Rawat; Purvi Dabbiru


Principaux clients

Ujjivan Small Finance Bank


SIS Limited


Azure Power Global Limited


Venus Pipes and Tubes Limited


SMC Capitals Limited


Edelweiss Financial Services Limited


Centrum Capital Limited


Taurus Global Opportunities Fund


HSBC


Roth Capital Partners


ICICI Bank Limited


Yes Bank Limited


Infrastructure Finance Company Limited


SWAMIH Investment Fund


Kautilya Real Estate Fund


Principaux dossiers


  • Assisted HSBC and Roth Capital Partners with the rights issuance of Azure Power Global Limited.
  • Advised ICICI Bank Limited, Yes Bank Limited and India Infrastructure Finance Company Limited on virescent bonds.
  • Assisted Venus Pipes and Tubes Limited and SMC Capitals Limited with an initial public offering made by VPTL.

Saraf and Partners

Saraf and Partners' practice regularly assists corporates and investors across the industrial, aviation, agrochemical, healthcare, telecoms, mining, railway and banking sectors throughout India. Mohit Saraf heads up the practice and has significant experience in capital market transactions and expertise in IPOs, follow-on offerings and convertible bonds. Equity and debt transactional specialist Murtaza Zoomkawala regularly assists issuers and underwriters with a variety of securities offerings. Abir Lal Dey and Satadru Goswami are the other key individuals.

Responsables de la pratique:

Mohit Saraf; Murtaza Zoomkawala


Autres avocats clés:

Abir Lal Dey; Satadru Goswami


Les références

‘I and the team interacted with Murtaza Zoomkawala on the assignment. For us, Murtaza was available all the time. He is knowledgeable, professional and proactive in approach. I am pleased with his professionalism and the overall approach.’

‘Young team with good work ethics and skills.’

‘Ability to deliver consistently under pressure.’

Principaux clients

Anant Investments (The Carlyle Group)


Ambit Private Limited


Quick Heal Technologies Limited


JSW Infrastructure Limited


LIC Housing Finance Limited


Axis Finance Limited


Adani Enterprises


Indus Towers Limited


Trilegal

Trilegal is experienced in assisting clients with regulatory and transactional issues, with particular emphasis on public-to-private deals and equity issuances. The team handles the full range of mandates for a diverse client roster of banks, financial institutions and institutional investors. Team lead Bhakta Patnaik is an equity capital markets specialist who regularly advises on IPOs, sell-down transactions, and rights issuances. Richa Choudhary focuses on public debt work and listed non-convertible debenture issuances by InvITs and REITs, and Brajendu Bhaskar advises large domestic and international corporates and financial sponsors on equity transactions and structured debt issuances. Recently promoted to partner, Albin George Thomas regularly acts for issuers and underwriters on all transactional matters, including qualified institutional placements, rights issuances and high-yield bond offerings.

Responsables de la pratique:

Bhakta Patnaik


Autres avocats clés:

Richa Choudhary; Brajendu Bhaskar; Albin George Thomas


Les références

‘They have been very prompt and always ready to come up with solutions to problems. They have a unique way to handle things, which is great.’

‘The individuals with whom we worked were very knowledgeable and had thorough expertise to handle the work assigned to them. They were very particular with their responses, which were always within a very acceptable time frame. The team has been outstanding in their work and responses. Bhakta Patnaik and Brajendu Bhaskar worked on our assignment.’

Principaux clients

Adani Enterprises Limited


JSW Infrastructure Limited


Sula Vineyards Limited


Keystone Realtors Limited


TVS Supply Chain Solutions Limited


Housing Development and Finance Corporation Limited


INOX Green Energy Services Limited


TPG


Shriram Finance Limited


Metro Brands Limited


Edelweiss Alternative Asset Advisors Limited


Muthoot Finance Limited


Edelweiss Financial Services Limited


Pandara Trust


Investcorp


GIC


Bessemer


Arpwood Partners


SBFC Finance Limited


Prudent Corporate Advisory Services Limited


NewQuest Asia Fund IV (Singapore) Pte. Ltd


Paragon Partners


Zaggle Prepaid Ocean Services Limited


Survival Technologies Limited


BNP Paribas


A.K. Capital Private Limited


Equirus Capital Private Limited


HSBC Securities and Capital Markets India Private Limited


J.P. Morgan India Private Limited


Motilal Oswal Investment Advisors Limited


Sai Silks (Kalamandir) Limited


Concord Enviro Systems Limited


Prasol Chemicals Limited


Sanathan Textiles Limited


Cogent E – Services Limited


Pristine Logistics & Infraprojects Limited


Maini Precision Products Limited


Jesons Industries Limited


Harsha Engineers International Limited


Fino Payments Bank Limited


HCL Technologies Limited


Axis Capital Limited


JM Financial Limited


DAM Capital Advisors Limited


ICICI Securities Limited


IIFL Securities Limited


HDFC Bank Limited


Kotak Mahindra Capital Company Limited


YES Securities (India) Limited


Indorient Financial Services


Haitong Securities India Private Limited


BofA Securities India Limited


Citigroup Global Markets India Private Limited


CLSA India Private Limited


Credit Suisse Securities (India) Private Limited


Jefferies India Private Limited


Ambit Private Limited


SBI Capital Markets Limited


IRM Energy Limited


Divgi Torqtransfer Systems Limited


India Exposition Mart


Asianet Satellite Communications Limited


Accel Growth III Holdings (Mauritius) Limited


Accel India III (Mauritius) Limited


Ventureast Life Fund III LLC


Ventureast Trustee Company Private Limited


MEMG CDC Ventures


Qualcomm Asia Pacific Pte. Ltd


Accel India V (Mauritius) Limited


Sabre Partners Trust


International Finance Corporation


Principaux dossiers


  • Represented the Book Running Lead Managers in the initial public offer comprising an offer for the sale of equity shares by certain existing shareholders of the Sula Vineyards Limited, aggregating to approximately ₹9,603.49m.
  • Represented the BRLMs in the initial public offering of equity shares of Syrma SGS Technology Limited.
  • Represented the BRLMs in the initial public offering of equity shares of Aether Industries Limited.

Bharucha & Partners

Mumbai-based law firm Bharucha & Partners covers a broad range of areas, advising a variety of clients on initial public offerings, private placements, rights offerings, debentures and structured finance issues. Vishnu Dutt, who leads the practice, has vast experience in capital markets work and advises underwriters and issuers in connection with equity and debt offerings. Sneha Jaisingh regularly represents clients in adjudication proceedings before the Securities and Exchange Board of India and the Securities Appellate Tribunal. Mehul Jain is also recommended.

Responsables de la pratique:

Vishnu Dutt


Autres avocats clés:

Sneha Jaisingh; Mehul Jain


Les références

‘Dedicated and hardworking team, active involvement at partner level -very good grasp of regulation at senior level.’

‘On-time delivery of work and excellent working knowledge.’

Principaux clients

Delivery Hero SE


Dreamfolks Services Limited


Roselabs Finance Limited


Inga Ventures Private Limited


Centrum Capital Limited


Emkay Global Financial Services Limited


Keynote Financial Services Limited


Equirus Capital Private Limited


Avantha Holdings


Netweb Technologies India Limited


Principaux dossiers


  • Advised Netweb Technologies India Limited and its underwriters on its proposed initial public offering of equity shares comprising a fresh issuance of equity shares and an offer for sale by its promoters.
  • Advised Dreamfolks Services Limited on its proposed initial public offering of equity shares through an offer for sale by its promoters.
  • Assisted Inga Ventures Private Limited and Equirus Capital Private Limited, the book running lead managers, with the proposed initial public offering of equity shares by Divgi TorqTransfers System Limited.

Talwar Thakore & Associates

Talwar Thakore & Associates is particularly strong in debt capital market transactions and structured finance matters, and acts for a diverse range of domestic and overseas clients on securities laws, foreign exchange regulations and derivatives. Rahul Gulati leads the department and has significant experience in assisting banks and issuers with all kinds of debt offerings, while Priyanka Kumar stands out for her work on international co-issuer structures and dual-level bond issuance structures.

Responsables de la pratique:

Rahul Gulati; Priyanka Kumar


Les références

‘The team is professional, sophisticated and able to handle the most complicated of issues under intense time pressure.’

‘Both Rahul Gulati and Priyanka Kumar provide outstanding advice. It is commercial, actionable and informed, enabling parties to agree and complete the transactions.’

‘Technically outstanding and extremely responsive and client-oriented.’

Principaux clients

Apollo Global Management LLC


Credit Suisse


Barclays Bank PLC


Deutsche Bank AG


The Hongkong and Shanghai Banking Corporation Limited


J.P. Morgan


Ares Infrastructure Debt Asia


Standard Chartered Bank


SMFG India Credit Co. Ltd. (formerly known as Fullerton India Credit Co. Ltd.)


Principaux dossiers


  • Advised the investors on the issuance of USD senior secured floating rate notes by Continuum Energy Aura Pte. Ltd.
  • Assisted the initial purchasers with the issuance and sale of $400m 7.95% Senior Notes due 2026 by Diamond II Limited, the issuer, and guaranteed by ReNew Energy Global plc.
  • Advised investors and SBICAP Trustee Company Limited on the issuance of up to senior, secured, rated, listed, redeemable, non-convertible debentures.

ZBA

ZBA’s practice assists clients with the whole array of debt capital markets transactions, including foreign currency bond issuances and non-convertible debentures. The team continues to advise corporations in various industries, including the financial services, banking, manufacturing, insurance and energy sectors. Niloufer Lam, who has substantial experience in debt offerings, leads the practice and is supported by Mihir Shukla.

Responsables de la pratique:

Niloufer Lam


Autres avocats clés:

Mihir Shukla


Principaux clients

Hindustan Petroleum Corporation Limited


Indian Oil Corporation Limited


Niva Bupa


Nippon India Mutual Fund


Fasanara Capital


Principaux dossiers


  • Assisted Hindustan Petroleum Corporation Limited with a deal involving the $200m issuance of debentures.
  • Assisted Indian Oil Corporation Limited with a deal involving the $200m issuance of debentures.
  • Assisted Niva Bupa with a deal involving the issuance of 10.70% debentures due 2032, which was the second issuance of subordinated debt.

ALMT Legal

The Bangalore-based practice at ALMT Legal advises a range of clients across the capital market space, including handling IPOs, FPOs, buy-backs and rights issuances, with a particular focus on the agriculture sector. S.R. Arun, who has vast expertise in assisting companies, merchant banks and promoters with capital market transactions, leads the team with Rajat Bopaiah, who focuses on the stock exchange and public market work. Souvik Paul Mazumdar has experience in handling acquisitions of shares, rights issuances and qualified institutional placements.

Responsables de la pratique:

S.R. Arun; Rajat Bopaiah


Autres avocats clés:

Souvik Paul Mazumdar


Les références

‘The team is knowledgeable, practical and provides solutions.’

‘Worked with S.R. Arun and Rajat Bopaiah. One of the best teams I have worked with in my career. They are fast in response, solution-centric and robust in their knowledge.’

Principaux clients

DAM Capital Advisors Limited


SBI Capital Markets Limited


Principaux dossiers


  • Assisted Manoj Vaibhav Gems ‘N’ Jewellers Limited with a proposed public issuance.
  • Assisted Nova Agritech Limited with a proposed initial public offer.

DSK Legal

DSK Legal has notable expertise in handling initial public offerings, foreign currency convertible bonds, domestic debt matters and secondary issuances. The department is co-led by Ajay Shaw and Gaurav Mistry from Mumbai, while Saurabh Tiwari leads the practice from Delhi and regularly advises lead managers, selling shareholders and investors on equity transactions.

Responsables de la pratique:

Ajay Shaw; Gaurav Mistry; Saurabh Tiwari


Principaux clients

Equirus Capital Private Limited


Corrtech International Limited


Mandala Capital Limited


DreamFolks Services Limited


Principaux dossiers


  • Advised Corrtech International Limited on its proposed initial public offering through a fresh issuance of equity shares aggregating up to ₹3,500m.
  • Advised Equirus Capital Private Limited and Motilal Oswal Investment Advisors Limited, together the Book Running Lead Managers, on the initial public offering of equity shares of Dreamfolks Services Limited.
  • Advised Mandala Capital AG Limited on the proposed initial public offering of Godavari Biorefineries Limited, through a fresh issuance and an offer for sale of Equity Shares by the Selling Shareholders.

SNG & PARTNERS

SNG & PARTNERS has expertise in capital markets transactions, including IPOs, QIPs and bond issuances, and acts for a diverse range of clients domestically. Along with equity capital markets work, the team also focuses on debt-related mandates, including advising on high-yield and hybrid bonds and the issuance of listed, secured rated, non-convertible debentures. Amit Aggarwal has a notable reputation in equity and debt transactions, while Soumyajit Mitra regularly acts for foreign institutional investors, corporate houses and banks within India.

Responsables de la pratique:

Amit Aggarwal


Autres avocats clés:

Soumyajit Mitra


Principaux clients

RBZ Jewellers Limited


Ugro Capital Limited


MK Ventures Limited


Gulshan Polyols Limited


Department of Investment and Public Asset Management, Ministry of Finance, Government of India


ICICI Bank Limited


Standard Chartered Bank


Axis Trustee Services Limited


IDBI Trusteeship Services Limited


Principaux dossiers


  • Advised RBZ Jewellers Limited and the book running lead manager on an initial public offering by way of fresh equity shares of the company.
  • Advised Ugro Capital Limited and the lead manager on the qualified institution placement by way of fresh equity shares of the company.
  • Advised MKVentures Limited and the lead manager on the rights issuance of the company.