Indian Law Firms Lead the Charge in 2024’s Robust IPO Market, Securing Major Mandates

In 2024, Indian law firms navigated through a bustling Initial Public Offering (IPO) market, positioning themselves as key players in the nation’s capital markets. A detailed analysis of India’s 100 largest listings by Law.com International highlights the prominent presence of firms like Cyril Amarchand Mangaldas, Shardul Amarchand Mangaldas, Trilegal, Khaitan & Co., and AZB & Partners. These firms claimed the largest market share by securing numerous mandates as issuers’ local counsel for high-value offerings.