Founded in 2005, Gagrats is an Indian law firm based in Mumbai. The firm also has an associate office named Gagrat & Co in New Delhi.
Focusses / specialisms
The firm is strongest in its banking and finance and project development practices, it also offers a broad-based practice cutting across a wide range of legal disciplines from finance, M&A, private equity, capital markets, securitizations, and project development.
Key clients
The firm has represented Indian and international corporates including banks, funds, foreign institutional investors, foreign educational institutions and airlines. Active industry sectors include aviation, engineering, infrastructure, energy, mining, pharmaceuticals, healthcare, hospitals, insurance, financial services, education, consumer products, tourism, transport, logistics, oil and gas, real estate, hospitality, retail, defense, advertising, publishing, chemicals, and telecommunications.
Research period review: 33rd edition (2022/2023)
During the research period, the firm was active in banking and finance, capital markets, M&A, private equity, restructuring and insolvency, and project development areas.
In the banking sector, the firm has been busy advising clients in regard to corporate finance, including on external commercial borrowings, securitisations and project finance, especially in aviation. The team often represented major Indian and foreign banks, multilateral lenders, domestic and foreign funds and Foreign Institutional Investors.
In the capital market, the team has been active in issuance of securities and related regulatory matters.
The corporate team continued to advise clients on cross-border acquisitions, disposals, joint ventures, and restructuring works in the SAARC region, including The Middle East, Europe and the Far East, including in Bhutan, Iraq, Uzbekistan, Russia, Spain, Malaysia, Taiwan, Turkey, Jordan, Vietnam, the Philippines, Egypt, the U.A.E and Qatar.
The project team has been acting for foreign and domestic power companies and state electricity boards on IPPs, Co-generation projects, Solar, Wind Power Projects and Nuclear Power Projects, and continued to be active in advising infrastructure projects.
