Singapore-based law firm Duane Morris & Selvam LLP excels in high-end capital markets transactions in Singapore and has an in-depth understanding of equity capital markets work in India and Indonesia, including issues involving financial services, investment banking, and insurance companies. Jamie Benson leads the practice and has significant expertise in advising on securities offerings by Indian issuers, including public and private equity placements and high-yield, convertible, and investment-grade bond offerings.
Legal 500 Editorial commentary
Key clients
- President of India
- Life Insurance Corporation of India
- Axis Capital
- ICICI Securities
- Phillip Securities
- Nomura Financial Advisory and Securities (India) Private Limited
- JM Financial Limited
- SBI Capital Markets
- Kotak Mahindra Capital Company
- Ambit Capital
- Elara Capital (India) Private Limited
- Anand Rathi Advisors Limited
- IIFL Securities Limited
- DAM Capital Advisors
- Equirus Capital Private Limited
- Motilal Oswal Investment Advisors Limited
- UBS Securities
- Credit Suisse Securities
- Citigroup Global Markets
Work highlights
- Acted as international legal counsel to the President of India and Life Insurance Corporation of India (LIC) on the sale of 3.5% of the outstanding shares in LIC by the president of India for approximately US$2.7 billion in an initial public offering in India and concurrent private placements outside India, including a Rule 144A offering in the United States.
- Acted as the special international legal counsel to the book running lead managers, Equirus Capital Private Limited and Motilal Oswal Investment Advisors Limited, on DreamFolks Limited’s IPO.
- Acted as international legal counsel to Nomura Financial Advisory and Securities (India) Private Limited in its role as the sole broker on the sale of approximately US$497 million of shares in Sona BLW Precision Forgings Limited by Singapore VII Topco III Pte. Ltd. by way of one or more share sales on the screen-based trading platform of BSE Limited and/or National Stock Exchange of India Limited.
Practice head
The lawyer(s) leading their teams.
Jamie Benson