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.

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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.

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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.

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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”).

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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.

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Duane Morris & Selvam Advises on the IPO of Ecos (India) Mobility & Hospitality Limited

SINGAPORE, 10 September 2024 – Duane Morris & Selvam LLP acted as special international legal counsel to Equirus Capital Private Limited and IIFL Securities Limited in their role as the book running lead managers on the recent initial public offering of ₹6,012.00 million (USD 71.60 million) of equity shares of Ecos (India) Mobility & Hospitality Limited. Ecos is India’s largest and most profitable chauffeur driven mobility provider to corporates.

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Duane Morris & Selvam Advises on the IPO of Popular Vehicles and Services Limited

SINGAPORE, 3 April 2024 – Duane Morris & Selvam LLP acted as special international legal counsel to ICICI Securities Limited, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and Centrum Capital Limited in their role as the book running lead managers on the recent initial public offering of ₹6,015.54 million (USD 72 million) of equity shares of Popular Vehicles and Services Limited, a diversified automobile dealership in India.

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Duane Morris & Selvam Advises on Offer and Sale of approximately INR 5,700 million (US$69 million) of Equity Shares in Jana Small Finance Bank Limited


SINGAPORE, 27 February 2024 — Duane Morris & Selvam LLP acted as international legal counsel to Axis Capital Ltd., ICICI Securities Limited, and SBI Capital Markets, the book running lead managers, on the offer and sale of approximately INR 5,700 million (US$ 69 million) of equity shares in Jana Small Finance Bank Limited in an initial public offering in India and concurrent private placements outside India.

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Duane Morris & Selvam Advises on the Sale of INR 27 Billion (US$ 325 Million) of Equity Shares in Computer Age Management Services Limited

SINGAPORE, 18 December 2023 — Duane Morris & Selvam LLP acted as international legal counsel to Avendus Capital in its role as the sole advisor and Spark Institutional Equities in its role as the sole broker on the recently concluded stake sale of approximately INR 27 billion (USD 325 million) of equity shares in Computer Age Management Services Limited by Great Terrain Investment Ltd (an affiliate of Warburg Pincus LLC). Computer Age Management Services Limited is an India-based technology company focused on the capital markets, and banking, financial services and insurance (BFSI).

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Duane Morris & Selvam Advises the Book Running Lead Managers on Jupiter Wagons Limited’s INR 4,034 Million Qualified Institutions Placement of its Equity Shares

SINGAPORE, 14 December 2023 — Duane Morris & Selvam LLP acted as the special international counsel to Systematix Corporate Services Limited, Axis Capital Limited and ICICI Securities Limited in their capacity as the book running lead managers on Jupiter Wagon’s Limited’s recent INR 4,034 million (US$48.6 million) qualified institutions placement of its equity shares.

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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