Capital Markets – Duane Morris and Selvam

July 21, 2026July 21, 2026 by Duane Morris and Selvam

Duane Morris & Selvam advises on Kusumgar Limited’s IPO

SINGAPORE, 22 July 2026 — Duane Morris & Selvam LLP acted as the international legal counsel to Axis Capital Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited in their capacity as the book running lead managers on the recent sale of INR 10,150.00 million (approximately US$106 million) of equity shares in Kusumgar Limited in a pre-IPO and IPO in India and concurrent private placements outside India. The shares were listed on BSE and NSE on July 15, 2025.

The IPO garnered remarkable interest from investors, with a QIB subscription of 298 times, which is one of the highest ever, and an overall subscription of approximately 135 times.

July 8, 2026July 8, 2026 by Duane Morris and Selvam

Duane Morris & Selvam Advises on Manorama Industries Limited ₹500 crore Qualified Institutions Placement

SINGAPORE, 8 July 2026 — Duane Morris & Selvam LLP acted as special international legal counsel to Ambit Private Limited and ITI Capital Limited in their capacity as the book running lead managers for the ₹500 crore Qualified Institutions Placement (QIP) by Manorama Industries Limited, a leading Indian manufacturer of specialty tree-borne oils and fats derived primarily from Sal and Mango seeds.

The Duane Morris & Selvam LLP team was led by Jamie Benson, Director and Head of the U.S. Capital Markets, U.S. Venture Capital and India Practices. Faiz Jugari, an associate in the Singapore office, also advised on the QIP.

October 7, 2025May 14, 2026 by Duane Morris and Selvam

Duane Morris & Selvam LLP Advises on Seven IPOs in Record Month for India Capital Markets

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.

September 28, 2025May 14, 2026 by Duane Morris and Selvam

Duane Morris & Selvam LLP Advises on GK Energy Limited’s IPO

SINGAPORE, 29 September 2025 — Duane Morris & Selvam LLP acted as the international legal counsel to IIFL Capital Services Limited and HDFC Bank Limited in their capacity as the book running lead managers on the recent sale of INR 5,642.59 million (US$64 million) of shares in GK Energy Limited in a pre-IPO and IPO in India and concurrent private placements outside India. The shares were listed on the NSE and BSE on 26 September 2025.

September 9, 2025September 15, 2025 by Duane Morris and Selvam

Duane Morris & Selvam Recognized at Legal Era Global Achievers Awards 2025 for Excellence in Cross-Border Practice and Sector Expertise

SINGAPORE, 9 September 2025 — Duane Morris & Selvam is proud to announce its recognition at the prestigious Legal Era Global Achievers Awards 2025, held on 5th September 2025 at Hotel The Lalit, New Delhi, during the 14th Annual Legal Era India Conclave & Awards.

Jamie Benson and Priyank Srivastava were honored with the Cross Border Lawyers Awards of the Year in their respective categories, Capital Markets for Jamie and Infrastructure and Energy for Priyank, in recognition of their exceptional expertise in handling complex cross-border transactions.

August 25, 2025August 25, 2025 by Duane Morris and Selvam

Duane Morris & Selvam Advises on All Time Plastics Limited’s IPO

SINGAPORE, 26 August 2025 — Duane Morris & Selvam LLP acted as the international legal counsel to Intensive Fiscal Services Private Limited and DAM Capital Advisors Limited in their capacity as the book running lead managers on the recent sale of INR 4,706 million (US$54 million) of shares in All Time Plastics Limited in a pre-IPO and IPO in India and concurrent private placements outside India.

April 15, 2025April 16, 2025 by Duane Morris and Selvam

Congratulations to Vin’s Holdings Ltd on its Successful Listing on SGX Catalist

SINGAPORE, 16 April 2025 – We are proud to have acted as Solicitors to the Issue Manager, Full Sponsor and Placement Agent, RHB Bank Berhad, as to Singapore law in connection with the successful initial public offering and listing of Vin’s Holdings Ltd on the Catalist board of the Singapore Exchange (“SGX”).

April 6, 2025April 6, 2025 by Duane Morris and Selvam

Duane Morris & Selvam Directors Recognized Among Top India-Focused Lawyers in 2025 International A-List by India Business Law Journal

SINGAPORE, 8 April 2025 – Duane Morris & Selvam is pleased to announce that Directors Jamie Benson and Priyank Srivastava have been included in the newly published India Business Law Journal’s “A-List” of top India-focused lawyers at international law firms. Notably, Jamie has been consistently named in the prestigious list for seven consecutive years since 2019.

November 5, 2024November 27, 2024 by Duane Morris and Selvam

Duane Morris & Selvam Advises on the Sale of Rs. 12,000 million (US$143 million) Equity Shares in Sansera Engineering Limited in a QIP

SINGAPORE, 5 November 2024 — Duane Morris & Selvam LLP acted as the U.S. counsel to ICICI Securities and Nomura Financial Advisory & Securities (India) in their role as the book running lead managers on the recent sale of approximately Rs. 12,000 million (US$143 million) of shares in Sansera Engineering Limited in a qualified institutions placement (QIP), including concurrent private placements outside India.

October 2, 2024November 27, 2024 by Duane Morris and Selvam

Duane Morris & Selvam Advises on the OFS of Shares in Route Mobile

Young woman using smart phone,Social media concept.

SINGAPORE, 1 October 2024 – Duane Morris & Selvam LLP recently acted as US counsel to Nuvama Wealth Management and Emkay Global Financial Services in their role as brokers to Proximus Opal on its divestment of a 6.03% stake in Route Mobile for approximately Rs, 6,213 million (US$74 million) through an Offer for Sale (OFS).