Ranking tables

Capital Markets | Asia-Pacific

Indonesia

Rankings overview for Departments

All Departments profiles

1

Band 1

  1. Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer
    1
    Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer
    Capital Markets
    2026 | Band 1 | 18 Years Ranked

    Hiswara Bunjamin & Tandjung has a respected capital markets law practice in Indonesia, receiving frequent instructions from global investment banks on bond offerings, as well as handling IPOs for international and Indonesian clients. The team is well versed in Regulation S and Rule 144A issuances and offers significant cross-border capability through its Herbert Smith Freehills Kramer association. The group is able to draw on expertise in sectors such as energy, financial services, consumer goods and TMT.

  2. Makes & Partners
    1
    Makes & Partners
    Capital Markets
    2026 | Band 1 | 19 Years Ranked

    Makes & Partners is a premier capital markets law group, predominantly acting for leading Indonesian corporates on both debt and equity offerings. The team regularly handles big-ticket IPOs, rights issues and bond offerings, advising clients from numerous sectors including real estate and telecoms. The firm's senior lawyers are recognised by commentators for their longstanding experience and Indonesian market connections.

  3. Assegaf Hamzah & Partners
    Capital Markets
    2026 | Band 1
2

Band 2

  1. Ginting & Reksodiputro in association with A&O Shearman
    2
    Ginting & Reksodiputro in association with A&O Shearman
    Capital Markets
    2026 | Band 2 | 15 Years Ranked

    Leveraging its association with A&O Shearman, Ginting & Reksodiputro offers strong legal expertise in both Indonesian and overseas debt and equity issues. The team handles a range of high-yield bond offerings as well as rights issuances. The firm acts for both banks and issuers, counting leading global financial institutions, Indonesian corporates and government entities among its clientele. The department handles capital markets deals in sectors such as energy, telecoms and finance.

  2. HHP Law Firm
    2
    HHP Law Firm
    Capital Markets
    2026 | Band 2 | 19 Years Ranked

    HHP Law Firm is a highly respected law firm in Indonesia, equally proficient in debt and equity offerings, advising on IPOs, rights issues, bonds and securities, with significant Regulation S and Rule 144A expertise. The team assists both issuers and banks, including multinational and domestic clients, with impressive international reach thanks to its Baker McKenzie connection. The firm is frequently involved in transactions in the natural resources, finance and telecoms sectors.

3

Band 3

  1. Armand Yapsunto Muharamsyah & Partners
    3
    Armand Yapsunto Muharamsyah & Partners
    Capital Markets
    2026 | Band 3 | 7 Years Ranked

    Armand Yapsunto Muharamsyah & Partners has a recognised presence in Indonesia's capital markets arena. The lawyers advise clients on equity capital markets including rights issuances, share offerings and private placements. The team is experienced acting as issuers' and underwriters' counsel.

  2. TnP Law Firm
    Capital Markets
    2026 | Band 3
  3. Tumbuan & Partners
    Capital Markets
    2026 | Band 3
  4. Widyawan & Partners (in association with Linklaters)
    Capital Markets
    2026 | Band 3
4

Band 4

  1. ABNR Counsellors at Law
    4
    ABNR Counsellors at Law
    Capital Markets
    2026 | Band 4 | 16 Years Ranked

    ABNR Counsellors at Law offers an active capital markets practice in Indonesia, advising both underwriters and issuers on global and local equity and debt capital markets issuances. The firm regularly represents international banks and major domestic state-owned corporations.

  2. Dentons HPRP
    4
    Dentons HPRP
    Capital Markets
    2026 | Band 4 | 1 Years Ranked

    Dentons HPRP is widely acclaimed for its adept handling of IPO, bonds and sukuk issuances, rights issues, and shelf-registered public offerings, among others. It regularly advises prominent domestic banks and international clients on capital market transactions from its Jakarta office.

  3. Santoso, Martinus & Muliawan Advocates
    4
    Santoso, Martinus & Muliawan Advocates
    Capital Markets
    2026 | Band 4 | 3 Years Ranked

    Santoso, Martinus & Muliawan Advocates in Jakarta has a well-regarded team of lawyers focussed on capital markets transactions. The lawyers often handle IPO deals, acting both for financiers and issuers, as well as public M&A and global depository receipt offerings.

  4. UMBRA
    4
    UMBRA
    Capital Markets
    2026 | Band 4 | 2 Years Ranked

    UMBRA is well placed to advise clients on a range of capital markets issues such as IPOs, convertible bonds and take-private transactions. The firm counts prominent Indonesian banks, energy companies and state-owned enterprises among its clientele.

  5. IMCOLaw
    Capital Markets
    2026 | Band 4
  6. William Hendrik & Siregar Djojonegoro
    Capital Markets
    2026 | Band 4