Duane Morris & Selvam Advises on Seven India IPOs in September 2026

SINGAPORE, 14 October 2026 – 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 2026. The firm advised on the IPOs of:

  • German Green Steel and Power Limited;
  • LCC Projects Limited;
  • Kanohar Electricals Limited;
  • Prasol Chemicals Limited;
  • Pranav Constructions Limited;
  • Lumino Industries Limited; and
  • ESDS Software Solution Limited.

By matching the record set last year, this year’s volume of transactions further reinforces Duane Morris & Selvam’s deep expertise and leading position in advising on equity capital markets transactions in India. The breadth of the practice is further reflected in our role advising a coal mining company and its selling shareholder on the filing of a Draft Red Herring Prospectus for the issuer’s proposed IPO of approximately Rs. 100 billion (US$1.05 billion).

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Duane Morris & Selvam India-Focused Practice Recognised at 15th Annual LegalEra India Conclave

Singapore, 22 September 2026 — Duane Morris & Selvam LLP is pleased to announce that its India-focused practice has been recognised across three categories at the 15th Annual LegalEra India Conclave, held in New Delhi on 18 September 2026.

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Duane Morris & Selvam advises on Lalithaa Jewellery Mart Limited’s IPO

SINGAPORE, 15 September 2026 — Duane Morris & Selvam LLP acted as the special international legal counsel to Anand Rathi Advisors Limited and Equirus Capital Limited in their capacity as the book running lead managers on recent sale of INR 17,000 million (US$ 178 million) of shares in Lalithaa Jewellery Mart Limited in an IPO in India and concurrent private placements outside India. The shares were listed on BSE and NSE on August 24, 2026.

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Duane Morris & Selvam Advises on ESDS Software Solution Limited’s IPO

SINGAPORE, 8 September 2026 — Duane Morris & Selvam LLP acted as the international legal counsel to DAM Capital Advisors Limited and Systematix Corporate Services Limited in their capacity as the book running lead managers on the recent sale of ₹7,200 million (approximately US$76 million) of equity shares in ESDS Software Solution Limited in an IPO in India and concurrent private placements outside India. The shares were listed on BSE and NSE on September 4, 2026.

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Duane Morris & Selvam advises on Globus Spirits Limited’s QIP

SINGAPORE, 12 August 2026 — Duane Morris & Selvam LLP acted as the international legal counsel to Nuvama Wealth Management Limited in its capacity as the book running lead manager on the recent sale of INR 2,000 million (US$ 21 million) of shares in Globus Spirits Limited in a qualified institutions placement in India and concurrent private placements outside India, including in the United States.

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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.

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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 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.

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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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