Mr Soummo Biswas > Shardul Amarchand Mangaldas & Co > Mumbai, India > Lawyer Profile

Shardul Amarchand Mangaldas & Co
MUMBAI 400 021

Work Department

Banking and Finance


Mr. Soummo Biswas focusses on Banking & Structured Finance and Debt Capital Markets. He has significant experience in the financing space which covers, inter alia, banking, banking advisory, structured finance, leveraged finance, real estate and infrastructure / utilities financing, stressed and non-stressed restructuring and debt capital markets (public issue/private placement), each domestically and internationally.

He has advised various Indian banks, corporates, financial institutions, funds and investors on private placement (listed and unlisted) and public issue of debenture and on bilateral, syndicated and consortium facilities in INR and foreign currency. He has been involved in several marquee transactions in the debt space including the first few debt issuances under the shelf-tranche construct. He also has a lot of experience in financial regulations both in the banking and the non-banking space including advising several domestic and international banks and financial institutions such as SBI, IDBI Bank and BNP Paribas in raising regulatory capital. He advised International Finance Corporation in its maiden issue of “Maharajah Bonds” and “Masala Bonds” and JSW and Lodha in their high yield bond issuance. Recently he has advised Piramal on the biggest real estate financing deal. He also regularly advises Indian banks, corporates and financial institutions on their foreign currency and rupee denominated bond issuances.

Soummo has acted on and led some of the most significant and complex financing transactions on both domestic and offshore debt side including on restructuring of loans aggregating to approximately USD 4.6 billion by ICICI Bank Limited and other domestic and foreign lenders to Essar Group, restructuring involving assignment of loans of KSS Petron Engineering Limited and Uttam Galva Steels Limited to Arcelor Mittal, various investments made by Piramal Group by subscription to debentures, equity instruments and credit facilities to companies forming part of the Lodha Group and also on establishment of branches and permissible activities that can be undertaken, to various foreign banks.

Soummo was recognised as one of the leading ‘Next Generation Lawyers’ in the Banking & Finance space, in India, by The Legal 500 series in 2018 and 2019 . Legal 500 in its rankings has referred to him as a partner who “attracts praise for his great understanding of sector nuances and expertise in handling complex transactions”. He has also been recognised as a ‘Rising Star’ in Banking & Finance by IFLR 1000 in 2019.




English and Hindi


Bar Council of Maharashtra and Goa


Graduate, B.A./B.Sc. LLB. (Hons.) from West Bengal National University of Juridical Sciences (NUJS), Kolkata.”