S&R Associates

Editorial analysis
    • Established: 2005
    • Partners: 7
    • Associates: 38
    • Recommended for: Capital Markets
    • Split of work: Significantly International
    • Offices: Mumbai, New Delhi
    • Practice Areas: M&A; Capital Markets; Banking and Finance; Competition; Regulation; General Corporate; Litigation; Arbitration

    Well known for its transactional work as well as its international focus, S&R Associates has developed a “winning reputation” among peers around the world in its short lifespan to date. Capital markets work is the firm’s “strong suit” according to sources, and founding partner Sandip Bhagat is listed in Who’s Who Legal’s survey of the world’s leading lawyers in that discipline.


    Co-founding partner Rajat Sethi is a “great name” in transactional matters, and has had an active year leading the firm’s team in notable deals. In May 2013 he led the firm in advising Qatar Foundation Endowment in its agreement to acquire 5 per cent of Indian telecoms major Bharti Airtel, and US vehicle parts manufacturer Dana Holding Corporation in its agreement to license its heat exchange technology to Victor Reinz India, Dana’s joint venture in India with the Jayant Group. He also led the firm, working alongside Kirkland & Ellis, in advising Kewill Group in its acquisition of the software solutions business and foreign subsidiaries of India’s Four Soft for $43.4 million.