Founded in 1991, J Sagar Associates is one of the foremost law firms in India with offices in Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai and New Delhi. Key figures at the firm include joint managing
partner
Amit Kapur and Vivek Chandy.
The firm is known for its strong banking and finance and project development work. The firm’s flagship banking practice is experienced in an array of domestic and cross-border financing transactions.
The firm has extensive expertise in project finance
and also advises on trade finance, real estate finance, and leveraged finance. In the projects front, the firm focuses on energy, oil and gas, transport, infrastructure,
utilities and telecommunications.
Recent examples of the firm’s banking work include advising
REC
in relation to a project term loan facility extended to MP Power Transmission Package – II Limited (MPPTPL). MPPTPL is a wholly owned subsidiary of Adani Energy Solutions Limited (AESL),
India’s largest operating private power transmission company.
In debt capital markets, the firm
advised
State Bank of India (SBI), India’s largest lender, in the issue of USD 750 Million Bonds under the USD 10 Billion Medium Term Note
Programme.
SBI’s USD Bond Issue was one of the first offshore bonds Issue from out of India in the new
financial year and
in the midst of volatility in the international markets.
In equity capital markets, the firm advised
JM Financial,
BNP Paribas, ICICI Securities and IIFL Securities in the initial public offering of equity shares,
comprising of fresh issue and offer for sale by certain promoters of DOMS Industries. It was the first IPO to mandatorily debut under T+3 post issue timelines.
The restructuring and insolvency team
advised the
ICA Lenders in relation to resolution of debt availed by Reliance Home Finance (RHFL). This
is one of the largest successful
resolution processes of a housing finance company under the Reserve Bank of India (Prudential Framework for Resolution of Stressed Assets) Directions, 2019 dated June 7, 2019 (RBI Directions).
Ares Asia, Standard Chartered Bank, Deutsche Bank, State Bank of India, HDFC Bank, Edelweiss ARC, Aether Industries, Axis Capital, Cello World, CLSA India
“JSA's team has
a very strong fundamental. They are extremely approachable and have a problem-solving approach. They have a clear understanding of the business and therefore provide very apt and balanced advice.”
“Turnaround time esp. for deals with crunch deals and opinion on any legal matters.”
“Good in communicating expectations from client and providing legal opinion on the matters.”
“Has a very strong core fundamentals and provides a balanced advice.”
