The firm’s capital market team is widely recognized and highly regarded for its work in the specialized field of debt capital markets, equity capital markets and investment funds. The team is led by experienced lawyers who are specialised in this field. Maneesha Dhir, the Managing Partner of the Firm has served as a member of the Achutan Committee which was formed to advise on the revamping of Takeover Code provisions of SEBI. We provide innovative and regulatory compliant solutions across the entire spectrum of capital market activities such as fund raising for listed and unlisted companies, public issues / offerings, private placements, initial public offering (IPO), qualified institutional placement (QIP), foreign currency convertible bonds (FCCB), renounceable and non-renounceable rights issues, public issue of bond and debenture, buyback of securities, takeovers, due diligence, preparation of red herring prospectus and offer documents, securitisation, advisory services to listed companies & market intermediaries in the areas of statutory & regulatory compliances, including signing off on day-to-day compliance obligations with Stock Exchanges and SEBI such as continuous disclosure, listing criteria and regulatory filings.
Debt Capital Market
The team regularly act as legal counsel to the most sought-after issuers, underwriters, investment banks, investors, and trustees in offerings of debt securities by Indian issuers to Indian and international investors. We have extensively advised on public and privately placed issues of secured/ unsecured, convertible/ nonconvertible, rupee-denominated, financial Institutions, NBFCs, corporate entities in the country. Year on year, we have been in the top three in the league tables for law firms, based on the total quantum of funds raised in a financial year. We have been sole legal counsels for many such large ticket bond issues for clients like, IREDA, HUDCO, IFCI, IIFCL, NHB etc.
Equity Capital Market
We advise and act as legal counsel to issuers and market intermediaries in connection with domestic initial public offerings, rights issues, private placements, takeovers and buyback of listed securities. We have worked on a very large number of large and complex transactions for private and government companies, PSUs etc including PTC India Ltd, BHEL, NHPC, Gujarat Ambuja, NMDC, NALCO, Bharat Electronics, MOIL, Dixon, Som Dutt Builders etc.
Investment Funds
Our investment funds practice advises on the most complex, strategic and high-profile matters relating to investment funds. We act for foreign and Indian sponsors in setting up onshore and offshore funds, including private equity funds, venture capital funds, real estate investment funds, REIT, AIFs, and pool-investment vehicles. Our practice also includes advising such funds in investments in and divestments from, publicly traded and privately held Indian companies including National Highway Authority, Stellaris Venture Partners, IDFC, SWAMIH etc.
Our Capital Market services include Initial Public Offerings (IPO), Rights & Preferential Issues, Qualified Institutional Placements (QIP), Foreign Currency Convertible Bonds (FCCB), Public issue of Bonds & Debentures, Private Placement of Equity, Bonds & Debentures, Issues of Non-Convertible/Convertible Bonds & Warrants, Placement of Commercial Paper, Structuring and setting up AIFs, REIT, Business Trusts and Foreign listings, Tender offers through Stock Exchanges, Bulk and Block deals, Buy Back of securities, Takeovers, Due Diligence, Preparation of Offer Documents and Red Herring Prospectus, Advisory services to listed companies and market intermediaries in the area of statutory and regulatory compliances, signing off on day to day compliance obligations with Stock Exchanges & SEBI.
