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Shardul Amarchand Mangaldas & Co logo

Shardul Amarchand Mangaldas & Co

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The 'really exemplary' practice at Shardul Amarchand Mangaldas & Co spans the full range of transactional and advisory mandates, having been retained for various large-scale IPO, QIP and OFS equity capital market matters, along with InvITs, REITs, FCCBs and other debt and investment structures. New Dehli's Prashant Gupta co-heads the practice alongside Mumbai-based Nikhil Naredi; both specialise in equity and debt capital market transactions, respectively. Manjari Tyagi and Sayantan Dutta harness proficiencies in securities and international and high-yield transactions. Shubangi Garg is experienced in foreign currency financing and convertible loans, along with private equity matters in fintech. Krupa Brahmbhatt joined the team in March 2025, while Trishita Dasgupta was promoted to partnership in June 2025.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team is diverse. They worked as a closely integrated team within the company ecosystem and become as one team with us. They were quick to adapt to ways of working with us and went beyond the scope to help solve things.’

  • ‘Prashant Gupta was a true partner in the entire process and was extremely accessible. Instrumental in providing guidance to solve a very complex capital structure for IPO and various other complexities that were very unique to this deal.'

  • 'We were happy with the active partner engagement.'

  • ‘In my 45 years of dealing with capital markets, this is the most outstanding team without doubt. Patience displayed with regulatory queries, long delays, managing inter team dynamics - really exemplary.’

  • ‘Nikhil Naredi is a gem. The firm is fortunate to have him.’

  • ‘The team assigned has the expertise in their job, they know every aspect of the challenges client may experience and the solutions to such challenges.’

Key clients

  • Hyundai Motor India Limited and Hyundai Motor Company
  • Mindspace Business Parks REIT
  • Brainbees Solutions Limited
  • Hexaware Technologies Limited
  • ICICI Securities Limited
  • Emcure Pharmaceuticals Limited
  • Le Travenues Technology Limited
  • JP Morgan India Pvt. Ltd.
  • British American Tobacco
  • Morgan Stanley India Company Private Limited
  • Kotak Mahindra Capital Company Limited
  • Continuum Green Energy (India) Limited

Work highlights

Advised Hyundai Motor India Limited on its INR 278,560m IPO.
Advised on an IPO by Hexaware Technologies Limited aggregating to USD 1 billion (INR 87,500 million) through an offer for sale by an affiliate of the Carlyle Group, i.e., the promoter selling shareholder, CA Magnum Holdings. This is the largest IPO by an IT services firm in India
Advised on an IPO aggregating to INR 29,800m (approx.) by Ather Energy Limited, through a fresh issue and an offer for sale by shareholders, including NIIF and affiliates of GIC and Tiger Global.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Prashant Gupta; Nikhil Naredi

Other key lawyers

Sayantan Dutta; Manjari Tyagi; Shubhangi Garg; Krupa Brahmbhatt; Trishita Dasgupta

Comparative Guides