Ranking tables

Capital Markets | Global

India

The Capital Markets rankings table below has been designed to provide the most in-depth insights and reviews of the top ranked lawyers and law firms. The firms included in our rankings have been recommended by in-house counsel, other third-party experts and private practice lawyers. Our comprehensive research ensures you have all the information needed when looking to purchase legal services across India.

Rankings overview for Departments

1

Band 1

  1. Cyril Amarchand Mangaldas
  2. Shardul Amarchand Mangaldas & Co
3

Band 3

  1. NL LEGAL
  2. TT&A
4

Band 4

  1. Crawford Bayley & Co 18 Years Ranked
  2. Juris Corp
  3. Luthra and Luthra Law Offices India
  4. Saraf and Partners

All Departments profiles

1

Band 1

  1. Cyril Amarchand Mangaldas
    Capital Markets
    2025 | Band 1
  2. Shardul Amarchand Mangaldas & Co
    Capital Markets
    2025 | Band 1
2

Band 2

  1. 2
    AZB & Partners
    Capital Markets
    2025 | Band 2 | 19 Years Ranked

    AZB & Partners has a market-leading team of lawyers in India, known for its work on debt and equity issuances, and particularly active on IPOs and QIPs, representing issuers and underwriters in cross-border matters. The team maintains an impressive list of clients, including major corporate issuers and international financial institutions. The firm is also noted for its expertise regarding debt offerings, such as non-convertible debentures and foreign currency convertible bonds. The department handles transactions in a range of sectors, including financial services, telecommunications and real estate.

  2. Trilegal
    2
    Trilegal
    Capital Markets
    2025 | Band 2 | 15 Years Ranked

    Trilegal's team of capital markets lawyers in India regularly advises underwriters, foreign investors, investment funds and issuers. The firm is well regarded for its expertise in issues regarding IPOs, QIPs and rights issues. The team is able to draw on the strength of its banking practice for debt capital markets issues. The department often handles transactions pertaining to the technology, retail and life sciences sectors, among others.

  3. JSA
    Capital Markets
    2025 | Band 2
  4. Khaitan & Co
    Capital Markets
    2025 | Band 2
  5. S&R Associates
    Capital Markets
    2025 | Band 2
3

Band 3

  1. NL LEGAL
    Capital Markets
    2025 | Band 3
  2. TT&A
    Capital Markets
    2025 | Band 3
4

Band 4

  1. 4
    Crawford Bayley & Co
    Capital Markets
    2025 | Band 4 | 18 Years Ranked
    Crawford Bayley & Co has a long-established capital markets legal practice in India. The team is particularly active on private placement work and often advises the Indian government and private businesses on GDR offerings.
  2. Juris Corp
    Capital Markets
    2025 | Band 4
  3. Luthra and Luthra Law Offices India
    Capital Markets
    2025 | Band 4
  4. Saraf and Partners
    Capital Markets
    2025 | Band 4