Department profile

Capital Markets

Asia-Pacific Guide 2026 : India

Cyril Amarchand Mangaldas

Rankings

Ranked Individuals

Chambers Review

Provided by Chambers

Capital Markets - India

Band 1

What the Team is Known For

Cyril Amarchand Mangaldas has a market-leading capital markets law practice in India with a superb reputation for handling both domestic and international matters. The firm's book of work includes numerous IPOs, QIPs and rights issues. The team is active in the financial services, infrastructure, technology and energy sectors, acting for prominent issuers and lead managers. The firm is also active on debt issuances, including US dollar-denominated bonds.

View ranking table

Work Highlights

Provided by Chambers

Cyril Amarchand Mangaldas advised Kotak Mahindra Capital, Citigroup Global Markets India, HSBC Securities, Capital Markets, J.P. Morgan India, Morgan Stanley India and Kotak Securities as underwriters for Hyundai Motor India’s IPO.

Strengths

Provided by Chambers

The firm is the best in the country thanks to its due diligence skills, responsiveness and deep knowledge base.
Capital Markets respondentAsia-Pacific
They are the legal encyclopaedia of India. They know the developments and the position of the regulator, which automatically translates into very correct and apt advice. They provide exceptional work.
Capital Markets respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

Band 1
Band 1
Manan Lahoty
Manan Lahoty is a partner at Cyril Amarchand Mangaldas and has an excellent reputation in the market. He has been active undertaking a collection of large IPOs and QIPs.
View profile
Band 1
Band 1
Yash Ashar
Yash Ashar is a partner at Cyril Amarchand Mangaldas and is based in its Mumbai office. He has long been considered a market leader in this space. He leads major rights issues and QIPs, as well as bonds.
Yash Ashar is very experienced and knows exactly what the regulator thinks. He is also very commercial.
Capital Markets respondentAsia-Pacific
He is the most experienced lawyer in capital markets. Yash is known for giving the right advice.
Capital Markets respondentAsia-Pacific
View profile
Band 3
Band 3
Gokul Rajan
Gokul Rajan is a partner at Cyril Amarchand Mangaldas and is based in New Delhi. He is capable of undertaking both debt and equity-centred activity.
Gokul is an experienced capital markets lawyer with the capability to lead complex cross-border offerings.
Capital Markets respondentAsia-Pacific
View profile
Band 3
Band 3
Kranti Mohan
Kranti Mohan is a partner based in the Mumbai office of Cyril Amarchand Mangaldas. He is well accustomed to handling IPOs, InvITs and other types of transaction.
Kranti knows the spectrum inside and out. He advises us with legally correct and commercially astute propositions.
Capital Markets respondentAsia-Pacific
View profile
Band 3
Band 3
Pranav Sharma
Pranav Sharma is a partner in Mumbai. He is well regarded for his work on debt capital markets, including high-value bond issuances.
Pranav's expertise and skill set go beyond Indian banking and finance. He is deeply experienced.
Capital Markets respondentAsia-Pacific
View profile
Band 4
Band 4
Abhiroop Lahiri
Abhiroop Lahiri in Delhi is a well-regarded capital markets lawyer. He is experienced in a variety of ECM matters such as IPOs and QIPs.
View profile
Band 4
Band 4
Manshoor Nazki
Manshoor Nazki is a partner at Cyril Amarchand Mangaldas in Mumbai with experience working for India's securities regulator SEBI. He is involved in notable IPOs and QIPs.
View profile
Band 4
Band 4
Vishal Yaduvanshi
Vishal Yaduvanshi is a partner at Cyril Amarchand Mangaldas and is based in Delhi. He acts for both issuers and underwriters and specialises in overseas listings by Indian issuers.
View profile