Capital Markets - India
What the team is known for
S&R Associates is renowned for its work in equity capital markets as advisers to domestic and international banks on IPOs, QIPs and block trades. Lawyers of the firm maintain an excellent reputation as underwriters' counsel on high-profile matters, while also acting for issuers. The team handles deals relating to such sectors as financial services, insurance, healthcare and real estate. Some of the firm's key clients include Axis Capital, Citigroup Global Markets India and IIFL Securities.
Strengths
"We're very satisfied with their ability to handle complex matters, and their seniors are involved throughout the transaction."
"One of their strengths would be their expertise in the capital markets and listed space and their ability to know what the regulator is thinking."
Work highlights
S&R Associates represented Global Health, operator of Medanta hospitals, on its IPO.
Notable practitioners
Sandip Bhagat is a partner based in the Mumbai office of S&R Associates. He is considered a leading ECM lawyer. "Sandip is one of the most respected personalities in capital markets. His presence gives us confidence."
Jabarati Chandra is a partner at S&R Associates' Mumbai office. She assumes a lead role on high-value IPOs and equity share deals. "She has extensive knowledge of the subject and is a thorough professional. She always gives a 360-degree view of the pros and cons of transactions." "Jabarati is always hands-on on the project and has an eye for detail. Her client management, negotiating and diligence skills are top-notch and she provides a great comfort to the bankers with her positive and problem-solving approach."
Jitesh Shahani is a partner based in S&R Associates' Mumbai office. He has experience working abroad for several international law firms, focusing on debt capital markets work. "Jitesh's level of responsiveness is commendable. He is also aware of the commercial situation happening in capital markets in India, and it adds further insights beyond the legal aspect."