Corporate/M&A: The Elite
Asia-Pacific Guide 2024 : India
Band 3
Email address
[email protected]Contact number
+91 (11) 4405 0600About
Provided by Saraf and Partners
Introduction
Saraf and Partners' Corporate and M&A team has advised domestic and international clients on mergers, friendly and hostile takeovers as well as acquisitions through various bespoke routes. They have also advise clients on the attendant aspects of the transactions - including the resulting reorganizations, corporate governance and legal issues.
In addition to the M&A transactions, the team regularly advises on all ancillary aspects of an M&A matter – beginning from advice on transaction strategy, regulatory approvals, entity formation, funding routes – all the way to post-acquisition advisory and attendant corporate secretarial matters, so as to ensure start to end support towards clients.
Recent Work
- Advised Reliance Capital Limited in connection with the sale of its stake in Reliance Nippon Life Asset Management Limited, the asset management company of mutual fund schemes floated by Reliance-Nippon Mutual, in a deal worth US$ 430 Million.
- Advising Zomato Limited in connection with its investment into Grofers, in a deal worth US$ 100 Million.
- Advising Fortis Healthcare Limited, a leading listed company in India – in connection with the issuance of shares to IHH Healthcare - in a deal worth US$ 1.1 Billion.
- Advised V-Mart Retail Limited in connection with the acquisition of 74 value-fashion retail stores, under the brand name ‘Unlimited’. The transaction was structured as an asset transfer in an all-cash consideration deal worth US$ 20.15 million.
Chambers Review
Saraf and Partners is a corporate law firm with an experienced team working from offices in New Delhi, Mumbai and Bengaluru. The lawyers offer significant experience handling big-ticket cross-border M&A and joint ventures. The team has notable exposure to transactions involving the technology, manufacturing, pharmaceutical and technology sectors. The team is active on acquisitions involving distressed companies. Clients advised include Razorpay Software, Vedanta and Zomato.
Work Highlights
- Saraf and Partners represented Vedanta in a joint venture with Foxconn to manufacture semiconductors in India, in a deal valued at USD20 billion.
Strengths
Provided by Chambers
"Saraf and Partners have great experience and provide insights to guide us through complex issues."
"They can cover a broad range of issues for us, which is something I find to be very useful."
"Saraf and Partners have great experience and provide insights to guide us through complex issues."
"They can cover a broad range of issues for us, which is something I find to be very useful."
Notable Practitioners
Mohit Saraf is highly experienced in the corporate and M&A legal market. Based in New Delhi, he is the founder and managing partner of Saraf and Partners.
"Mohit brings in a lot of knowledge and experience."
Vaibhav Kakkar is well respected among market commentators. Based in New Delhi, he has notable experience in transactions in the retail, healthcare and technology sectors.
"He is very astute in his approach and servicing,"
Ranked Lawyers at
Saraf and Partners
India
Members
Provided by Saraf and Partners
Akshay Nagpal
Arjun Rajgopal
Bikash Jhawar
Head of Department
Nipun Vaid
Rohan Shah
Sahil Arora
Snigdhaneel Satpathy
Vikrant Kumar
Vivek Pareek