Capital Markets - India
What the team is known for
Duane Morris & Selvam offers an established India-focused practice, demonstrating a particular focus on mid-market IPOs, as well as QIP and bond offerings. The team advises on listings and offerings across a broad range of sectors including the technology, pharmaceutical, food and beverage, retail and manufacturing industries. It also offers expertise in handling cross-border private placements. Key clients include UBS, Citigroup and Ambit Private.
Strengths
"The firm is very hard-working and diligent."
Work highlights
Duane Morris & Selvam acted as international legal counsel to the President of India and Life Insurance Corporation of India on the sale of 3.5% of the outstanding shares in LIC by the president of India for approximately USD2.7 billion in an IPO in India and concurrent private placements outside India, including a Rule 144A offering in the USA.
Notable practitioners
Jamie Benson is the Singapore-based head of Duane Morris & Selvam's India practice and regularly advises multinational corporations and financial entities on IPOs and QIPs. "Jamie is someone we know very well and respect. I think he's just quite practical, quick to get to the point and solutions-oriented. He doesn't create unnecessary issues and is a nice guy who is fun to deal with." "Jamie is one of the most experienced international counsels in the Indian capital markets space. He knows the law inside out and is also pragmatic."