What we say about the firm's legal practice in India
Banking, finance and capital markets
Within Capital markets: Mumbai Leading individuals: Capital markets: India
Within New Delhi, S&R Associates is a third tier firm,
Delhi-based S&R Associates opened an office in Mumbai in 2010 and is fast becoming one of the preeminent outfits for capital markets work. Active across the debt and equity spaces for underwriters and issuers, recent highlights include advising MakeMyTrip on its $80.5m Nasdaq Global Market IPO. Also active on bank debt facility transactions, Uday Walia represented Standard Chartered on a $900m revolving credit facility provided to Cairn Energy. Other clients include ICICI Securities, BNP Paribas, Credit Suisse and Deutsche Bank.
Corporate/M&A
Within Mumbai Leading individuals: India
Within New Delhi, tier 6
S&R Associates provides ‘a large-firm service with small-firm attention from partners’, resulting in ‘extremely efficient and responsive advice’. The ‘commercial and detailed’ Rajat Sethi recently advised Vodafone Group on the INR3.8bn increase of its stake in Telecom Investments India Pvt Ltd. Uday Walia has ‘extensive experience doing private equity transactions’, among them numerous deals for D E Shaw including investments in Pan India Motors and Sohan Renewable Energy India.
Dispute resolution
Within New Delhi, S&R Associates is a third tier firm,
At S&R Associates, Niti Dixit is at the forefront of the office’s most significant litigation, including successfully representing Glencore before the Delhi High Court to enforce a foreign arbitration award.
TMT
Within New Delhi, S&R Associates is a third tier firm,
S&R Associates is a ‘great team to work with’, and is comfortable handling big-ticket transactions. Rajat Sethi has ‘an ability to drive a deal forward’, and recently advised Sutherland Global Services on its acquisition of business process outsourcing services provider Adventity Global Services.