CMS INDUSLAW

India

IFLR1000 Reviews

Financial and corporate

Founded in 2000, CSM IndusLaw is well known in the Indian legal market with a diversified financial and corporate practice. The firm has offices in Bengaluru, Chennai, Delhi and NCR, Hyderabad and Mumbai.The firm is a CMS member firm since 2025. 

The firm is active in banking and finance, capital markets, M&A, project development and restructuring and insolvency. The firm boasts a particularly strong private equity practice. The firm represents clients across a broad range of sectors including energy, real estate, oil and gas, transport, industrial and manufacturing, technology and telecommunications, retail, and banking and financial services. 

 

Highlights  

A key capital markets mandate saw the firm advise a consortium of six book-running lead managers, including Kotak Mahindra Capital and JP Morgan, on the landmark IPO of Vishal Mega Mart. The offering was one of the largest in India's retail sector, marking a milestone for organised retail with its pan-India network of 611 stores. 

In a separate landmark transaction, the firm advised on the complex corporate restructuring of Groww, a major fintech startup, to shift its domicile from the US to India through a National Company Law Tribunal (NCLTapproved amalgamation. This "reverse flip" which involved converting the US holding company into its Indian subsidiarywas a significant milestone, establishing Groww as one of the largest startups to successfully relocate its legal base to India. 

 

Key clients  

ARCILHDFC BankIndusind BankAvendus Capital, Piramal Alternatives, UBS Securities, Axis Capital, Google, Nuvei, Sojitz Corporation, Esco Technologies (Asia), Multiples PE, CX Partners, Azure PowerIndian Renewable Energy and Development Agency 

 

Testimonials    

“We appreciated a very active approach by CMS IndusLaw in relation to our issue. They were not passive in their approach but checked in regularly and they provided us with helpful suggestions how to approach our matter.” (Financial services regulatory) 

Their work including advice, documentation, negotiation with major shareholders was great. We have completed selling of our shares. (M&A) 

“They always provide quick advice and show strong commitment. Further, their advice is always detailed and reasonable.” (M&A) 

“Quick responses, reasonable and high-quality drafts.” (M&A) 

Knowledgeable team. Responsive at all hours of the day and night. Collaborative and pragmatic. (Private Equity) 

Old relationship, prompt respond and expertise.” (Restructuring and insolvency) 

Gaurav Dani 

Prompt responsiveness.” 

Saurav Kumar 

“Very friendly, easy to communicate and responsive.” 

Kumar Saurav 

He is the best lawyer I met in my 30 years' business experience. 

Winnie Shekhar 

Outstanding lawyer. Very high level of attention to detail. A true advocate. Creative and solutions-oriented when negotiations or discussions get bogged down. 

Namita Viswanath 

“We were quite happy with the approach of the firm, which of course includes Namita as well as other member of the team.” 

Harman Walia 

“His team always shows strong commitment. He, together with his team, always provide quickly reasonable and detailed advice.”