Prashant Gupta is a Partner with the Firm and heads the Capital Markets practice at the Firm.
Prashant represents both issuers and underwriters in various equity and debt capital raising transactions, including initial public offerings, rights issues and QIP offerings, buy- backs, capital restructurings and pre-IPO private placements. He has advised on capital markets transactions that have raised over USD 50 billion globally, which include both the largest IPO and bond offerings out of India, as well as the largest secondary trade on the stock exchanges in India.
Chambers Asia Pacific Guide 2019 has quoted that, “Prashant Gupta enjoys a formidable reputation in the market, with one client commenting: “I think he’s on top of his game now. I like his decisiveness in taking a position on Indian law. He comes across as resourceful and confident.” His counsel is frequently sought by issuers and underwriters on equity and debt issuances.”
Select Experience Statement
Underwriters on Coal India Limited’s ₹ 15,475 cr IPO in 2010 – the largest IPO by an Indian company.
Vedanta Resources plc on the US$ 1.7 billion bond offering in 2013 – the largest bond offering by an Indian group.
lead managers in relation to the ₹ 25,000 cr rights issue by Bharti Airtel Limited in 2019, and the US$ 3 billion simultaneous QIP & FCCB by Bharti Airtel Limited in 2020, the largest offering in India (outside a rights issue).
Videocon d2h Limited on its US$ 273 million listing on the NASDAQ Global Market in 2015 – the first SPAC driven listing from India.
IPOs in India by AU Small Finance Bank, Aavas Financiers, CAMS, CL Educate, DEN Networks, Dr. Lal Pathlabs, Eris Life Sciences, Hindustan Media Ventures, Indiamart, Jubilant. Foodworks, LemonTree Hotels, National Stock Exchange of India (proposed), PC Jeweller, PNB Housing Finance, Punjab & Sind Bank, SBI Cards and Payment Services, S. Chand & Company, TCNS Closing Co., UTI Asset Management, and Varroc Engineering, among others.
QIPs by Apollo Tyres, DLF Limited, IDFC Limited, Federal Bank, HCL Infosystems, Interglobe Aviation (Indigo Airlines), Network18, PI Industries, Punjab National Bank, PVR Limited, Radico Khaitan, State Bank of India, SRF Limited, Shree Cement and Yes Bank, among others.
IPOs in the United States by Amira Nature Foods, Azure Power, Eros International, MakeMyTrip and NW18 HSN Holdings (proposed), as well as Jubilant Energy N.V. on the London Stock Exchange.
A detailed experience statement can be shared on a confidential basis.
Bar Council of Delhi, State Bar of California
B.A. (Juris) & M.A. (Juris), University of Oxford, England
B.Com (Hons.), Shri Ram College of Commerce, University of Delhi
Leading Individual for Capital Markets by the Legal 500, 2020-22
Elite Practitioner for Capital Markets by Asialaw Profiles, 2020 & 22
Leading Lawyer Champions for Capital Market at the Legal Era Awards, 2022
Asia’s Best Lawyer by IFLR for the year 2021
A-List of India’s Top 100 Lawyers by India Business Law Journal, 2017-21
Among the Top 100 Individual Lawyers in the Forbes, India, Legal Powerlist, 2020
Band 1 for Capital Markets by Chambers & Partners Asia Pacific, 2017-2022; Band 1 for Capital Markets by Chambers Global, 2020
Thought Leader for Capital Markets globally (one of the only two in India) by Who’s Who Legal, 2019-20; Thought Leader: Global Elite by Who’s Who Legal, 2020-21
ET 40 under forty by The Economic Times, 2019
Market Leader for Capital Markets by IFLR1000, 2018-20 & 2022; Among IFLR Asia Best Lawyers by IFLR1000, 2019-21
The Bar Council of India does not permit solicitation of work and advertising by legal practitioners and advocates. By accessing the Shardul Amarchand Mangaldas & Co. website (our website), the user acknowledges that:
The user wishes to gain more information about us for his/her information and use. He/She also acknowledges that there has been no attempt by us to advertise or solicit work.
Any information obtained or downloaded by the user from our website does not lead to the creation of the client – attorney relationship between the Firm and the user.
None of the information contained in our website amounts to any form of legal opinion or legal advice.
All information contained in our website is the intellectual property of the Firm.