India Practice

We have one of the premier boutique practices in India. With a deep understanding of the Indian business community and legal landscape, we offer our clients high-quality innovative advice and round-the-clock responsiveness on their most complex and critical transactions throughout India and across the world.

Our India practice works seamlessly with the firm’s interdisciplinary network of highly collaborative lawyers to share talent and resources in order to achieve the best possible results for our clients. The India-related and global experience of this world-class practice continues deepening the loyalty of our current clients and strengthening our relationships with our new clients.

Recognition

  • Asia Legal Awards – “Securities Deal of the Year”: Equity (ICICI Prudential Life $908 million IPO), 2017
  • India Business Law Journal – “Global Stars,” 2017
    • A “key player” for India work among international firms
  • GlobalCapital Asia Regional Capital Markets Awards – “Best High-Yield Deal” (HT Global IT Solutions $300 million senior bond), 2016
  • FinanceAsia Achievement Awards:
    • “Best India Deal” (ICICI Prudential Life Insurance's $912 million IPO), 2016
    • “Best Equity Deal” (HDFC Bank $1.6 billion ADS/QIP follow-on offering), 2015

Notable Matters

  • ICICI Lombard General Insurance Company Limited INR 57.01 billion IPO. We advised the managers on the INR 57.01 billion (approximately $871 million) IPO and listing on the Bombay Stock Exchange and the National Stock Exchange of India of the equity shares of ICICI Lombard General Insurance Company Limited, the largest private-sector non-life insurer in India. The IPO is considered the first public offering in India by a domestic general insurance company.
  • Marble II $500 million high-yield notes offering. We advised the managers on a Rule 144A/Regulation S offering of $500 million aggregate principal amount of 5.30% senior notes due 2022 by Marble II Pte. Ltd. Marble II is an investment holding company, beneficially owned by The Blackstone Group L.P. and GIC Special Investments Pte. Ltd., and holds 60.45% of the equity share capital of Mphasis Limited. Based in India, Mphasis is a global provider of application services, digital services, BPO services, digital technology operations and mortgage processing and management services and is listed on the BSE Limited and on the National Stock Exchange of India Limited.
  • ICICI Prudential Life Insurance Company Limited INR 60.57 billion IPO. We advised the global co-coordinators and book-running lead managers on the INR 60.57 billion (approximately $908 million) IPO and listing on the Bombay Stock Exchange and the National Stock Exchange of India of the equity shares of ICICI Prudential Life Insurance Company Limited (“I-Pru”), the largest private sector life insurer in India by total premium. The IPO is considered the first public offering in India by a domestic insurance company.
  • Reliance Industries Limited $800 million senior notes offering. We advised Reliance Industries Limited on its Rule 144A/Regulation S offering of $800 million aggregate principal amount of 3.667% senior notes due 2027. Reliance Industries Limited is an integrated energy company with leadership positions in the areas of oil and gas, petroleum refining and petrochemical manufacturing and operates principally in India. It is India’s largest private sector enterprise.