Top Law Firms Lead India’s IPO Boom as Capital Market Activity Rises

India’s initial public offering (IPO) landscape has experienced a significant surge, with leading law firms Cyril Amarchand Mangaldas (CAM), Shardul Amarchand Mangaldas & Co (SAM), and Latham & Watkins securing prominent roles as issuer counsel in several high-profile listings.

CAM is advising on eight of the 13 pipeline deals that aim to raise more than $300 million each via Indian listings this year. ([barandbench.com](https://www.barandbench.com/latest-legal-news/trilegal-cam-sam-khaitan-and-jsa-dominate-indias-ipo-market-in-202425?utm_source=openai))

SAM has also been active, advising on major IPOs such as Hyundai Motor India’s $3 billion offering. ([barandbench.com](https://www.barandbench.com/dealstreet/sam-cam-latham-watkins-act-on-hyundai-ipo?utm_source=openai))

Internationally, Latham & Watkins has been instrumental in advising on significant Indian IPOs, including Swiggy’s $1.35 billion listing. ([lw.com](https://www.lw.com/en/news/2024/11/latham-advises-on-swiggys-us1-billion-ipo?utm_source=openai))

These developments underscore the pivotal role of these law firms in India’s dynamic IPO market, reflecting their expertise and strategic positioning in facilitating substantial capital market transactions.