Yash J. Ashar

Partner (Head – Capital Markets)


Yash is an experienced practitioner in Indian securities law. He has been associated with a number of capital markets transactions including initial public offerings; follow on offerings, QIPs, rights offerings, ADRs, GDRs and FCCBs.

He has advised on several pioneering capital markets transactions involving India’s leading corporate. He also has experience in privatization, joint ventures, private equity investments and general corporate law.

Yash is part of the faculty of the Securities Law Course at the Government Law College, University of Mumbai on topics relating to Indian securities markets and also conducts the securities law related modules related to the IPOs and continuous listing obligations at the Bombay Stock Exchange Training Institute. He has been nominated by the Firm on various committees including the SEBI Committee for Reviewing Disclosures and Application Form in Public Issues.

Professional Experience

  • Just Dial Limited in relation to its initial public offer in June, 2013.
  • Axis Bank Limited in relation to its Qualified Institutions Placement in February, 2013.
  • Bharti Infratel Limited in relation to its initial public offer in December, 2012.
  • Religare Health Trust Trustee Manager Pte. Ltd. and Fortis Healthcare Limited in relation to the approx. $ 417 Million IPO of the units of Religare Health Trust and their listing on SGX. This was the first Business Trust listing on the SGX comprising healthcare assets in India.
  • Godrej Properties Limited and Godrej Industries Limited in the first ever Institutional Placement Programme in March, 2012 and July, 2012.
  • Standard Chartered PLC in the first ever issuance of Indian Depository Receipts on the BSE and the NSE in July, 2010.
  • Essar Energy PLC in relation to listing on the LSE in May, 2010.

Awards & Recognition

  • ‘Band 1’ lawyer, Chambers & Partners 2015 – 2020
  • ‘Leading Lawyer’, Legal 500, 2015 – 2020
  • Included in Legal 500’s Hall of Fame, 2020
  • ‘Market Leader’, IFLR 1000 2019 – 2021
  • ‘Elite Practitioner’, AsiaLaw 2019 – 2021
  • Lawyer of the Year – Capital Markets (Debt), IFLR1000 India Awards 2020
  • Included in IBLJ A- List Lawyers 2019


  • Bar Council of Maharashtra & Goa, India


  • 2001 B.A. LLB., National Law School of India University, Bengaluru


Practice Areas

  • Capital Markets
  • Debt Markets
  • Financial Regulatory

Published Works


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