SINGAPORE, 8 October 2025 – Duane Morris & Selvam LLP is proud to have acted as legal counsel to the book running lead managers in connection with seven initial public offerings in India in September 2025. The firm advised on the IPOs of:
- AnandRathi Shares and Stock Brokers Limited;
- Solarworld Energy Solutions Limited;
- Jaro Education Limited;
- Euro Pratik Industries Limited;
- GK Energy Limited;
- Atlanta Electricals Limited; and
- Ganesh Consumer Products Limited.
This remarkable volume of transactions marks a record month for Duane Morris & Selvam's India capital markets team, underscoring the firm's deep expertise and continued leadership in advising on equity capital markets transactions in India.
"Seven IPOs in a month is a record for me in my more than 20 years of advising on IPOs in India." said Jamie Benson, the head of the U.S. capital markets, U.S. venture capital and India practices.
The firm's teams on the various deals were led by Jamie Benson, head of the U.S. capital markets, U.S. venture capital and India practices, and included Paul Marks (Special counsel, Hanoi), Alison Lewis and Priya Selvam (Senior Associates, Singapore) as well as Colette Tan and Faiz Jugari (Associates, Singapore).
Congratulations to all the issuers, book running lead managers, Indian domestic legal counsels and other various stakeholders involved in these successful IPOs.
About Duane Morris & Selvam LLP India Capital Markets Practice
Duane Morris & Selvam acted as the international legal counsel on 13 IPOs and 22 QIPs by Indian issuers that closed in the year ended December 31, 2024, representing a market share of approximately 17% and 23% in terms of number of deals, respectively. As per Bloomberg Global Legal Adviser League Tables for the year ended December 31, 2024, Duane Morris & Selvam was the 2nd ranked international law firm in terms of the number of deals advising the lead managers on equity offerings by Indian issuers.
About Duane Morris & Selvam LLP
Duane Morris & Selvam LLP is the joint law venture between Duane Morris LLP and Selvam LLC, with its headquarters in Singapore. By way of its global platform and extensive range of legal services, the firm helps companies conduct business in and out of Asia, the United States, Latin America, the United Kingdom and beyond. In addition to the excellent skills of its lawyers, clients benefit from the cultural fluency and key relationships that the firm has developed over many years of practising law throughout the region. The firm has a presence in the key markets of Southeast Asia, including Singapore, Hanoi, Ho Chi Minh City and Yangon, as well as an office in Shanghai. Supporting these regional offices, the firm operates a series of country desks for India, Indonesia, Korea and Japan. It is regularly ranked among the region's leading law firms by Chambers & Partners, The Legal 500 and IFLR1000.