This is Part – VII of the Capital Market article series. Introduction The journey from a privately held, founder-driven enterprise to a publicly listed company is among the most consequential transitions a business will ever undertake. Going public isn’t just about raising capital but a radical reordering of accountability. It forces founders to share ownership... Continue Reading →
IPO Readiness for PE-Backed Companies: Alignment Issues Between Founders and Investors
This is Part – VI of the Capital Markets article series. Introduction The decision to take a private equity–backed company public is among the most consequential events in that company’s lifecycle. It marks the transition from a closely governed, contractually ordered private structure to a publicly accountable company regulated by the Securities and Exchange Board... Continue Reading →
India’s Manufacturing Shift Is Creating a New Layer of Contract Risk
By - Archana Balasubramanian A container clears the last leg of an intercontinental shipment and stops at a Western customs barrier. The Tier-1 Indian supplier met every delivery timeline and quality threshold. The problem sits one level below: a sub-tier vendor in a geopolitically restricted region supplied a critical chemical compound, because hitting the buyer's... Continue Reading →
The Legal Architecture of a Successful IPO: Lawyers, Merchant Bankers, Auditors and Promoters Working Together
This is Part-V of the Capital Markets articles series. An Initial Public Offering (“IPO”) is often perceived as a financial milestone, a company’s transition from private ownership to public participation. In reality, however, a successful IPO is not merely a capital raising exercise. It is a highly coordinated legal, regulatory, financial and governance transformation. Behind... Continue Reading →
The DRHP Is Not a Marketing Document: Managing Disclosure Liability in Indian IPOs
Authored by Sanchith Shetty, Associate under the guidance of Riddhi Dutta, Senior Associate and Archana Balasubramanian, Partner. This is Part-IV of the Capital Markets articles series. Introduction In a content driven economy, promotion and marketing are key for influencing the consumers to buy/ subscribe to products or services. If a marketing tool clicks with the... Continue Reading →
GIFT City & HFT Regulatory Disputes
By - Nitin Jain The entry of global algorithmic traders and High Frequency trading (HFT) firms into GIFT City is reshaping cross-border financial markets. Drawn by intense tax optimisations for derivatives trading within the International Financial Services Centre (IFSC), these systems execute millions of trades every second, looking for tiny pricing differences across global markets.... Continue Reading →

