S&R Associates represented Axis Capital, Goldman Sachs, Jefferies and JM Financial, book running lead managers, in the INR 15.51 billion initial public offering by TBO Tek Limited, which operates an online B2B travel distribution platform.

The S&R team was led by partner Jitesh Shahani and counsel Shiv Bhargava, and included associates Mittu Choudhary, Aditya Jain and Ayushi Shrivastava.