21 Jul 2026


Trilegal successfully advised the lead managers, namely, HSBC Securities and Capital Markets (India) Limited, Axis Capital Limited, Nomura Financial Advisory and Securities (India) Private, BofA Securities India Limited, Goldman Sachs (India) Securities Private Limited, Kotak Mahindra Capital Company Limited, Ambit Private Limited, Avendus Capital Private Limited, BNP Paribas, CLSA India Private Limited, Emkay Global Financial Services Limited, and Motilal Oswal Investment Advisors Limited in the Qualified Institutional Placement of the equity shares of Ather Energy Limited (QIP).
The QIP comprised of allotment of 1,08,15,307 equity shares each at a price of INR 1,202 per equity share, including a premium of INR 1,201 per equity share, aggregating up to INR 1,300 crores to eligible Qualified Institutional Buyers.
The Trilegal Capital Markets Team advising on the mandate was led by Partner: Vijay Parthasarathi; and comprised Counsel: Saurav Das; Senior Associates: Vedansh Batwara, Prajna Kariappa; Associates: Jasmine Manekshaw, Vansh Dhoka, and Trainee Associate: Pratik Basistha.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With 161 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,300 professionals across its Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.

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