CAM, S&R Associates, Khaitan, White & Case Advised On Knowledge Realty Trust’s ₹4800 Cr IPO

August 20, 2025

CAM acted as the Indian Legal Counsel to Knowledge Realty Trust (Trust), its Manager (Knowledge Realty Office Management Services Private Limited), and the Blackstone Sponsor (BREP Asia SG L&T Holding (NQ) Pte. Ltd, an affiliate of Blackstone) in connection with the initial public offer of the units of the Trust (Units) comprising a fresh issuance aggregating to INR 48,000 million.

CAM also advised the Trust on the first pre-IPO placement undertaken by a REIT in India. The Trust is co-sponsored by the Blackstone Sponsor and Sattva Developers Private Limited and is the largest office REIT in India and the second largest in Asia, with a portfolio of 29 office assets across six major cities. The transaction teams advising on this were CAM’s Capital Markets, Corporate, Real Estate, Competition, Finance, and Dispute Resolution teams.

The Capital Markets team comprised Janhavi Manohar, Sachin Santuka, Subham Jain, Adwait Deshmukh, Arjun Nair, Isha Tandon, Nimisha Sharma, Parikha Rathi, Prakhar Jain, Siddhant Mehta, and Prerna Sengupta with guidance from Yash J. Ashar and Kranti Mohan.

The Corporate team comprised Reeba Chacko, Harish Sekar, Emil Joseph, Mohit Gogia, Trayosha Darapuneni, Pooranimaa Hariharan, Aditi Aggarwal, Varsha Nair, Anisha Dash, Amrita Dubey, Suryanarayana Mohan, Vidushi Kesarwani, Achyutha M, Raghavi Rajagopalan, Aashna Gupta, Anish Meduri, Gouri Meempat, Muskaan Garg, Nimrah Rasheed, Shivam Shekhar, Swathi Kathi, Nandini Agrawal, and Jerrin Mathew.

The Real Estate team comprised Abhilash Pillai, Ashish Jain, Emil Joseph, Jaideep Kodali, Jinal Mehta, Karan Sharma, Ritha Ulbyre, Siddharth Singh, Pooja Ashwin, Anjali Kadam, Kripa Sankari, Shorya Chaudhary, Pavithra Rao, Rohan Chugh, Alampu Kowkrady, Astha Krishna, Bhargavi Akanksha, Januja Gathraj, Kalyan Chakravarthy, Poojith Ashok, and Rushi Panchal.

The Competition team comprised Avaantika Kakkar, Kaustav Kundu, Mohini Parghi, Pushkar Singh, and Parth Mishra. The Finance team comprised Pranav Sharma, Okram Prithvi Singha, Anmol Bhargava, Jay Shah, Diksha Bhatt, and Vedant Agarwal.

The Dispute Resolution team comprised Ankoosh K Mehta, Aviral Sahai, Aishwarya Wagle, and Nitya Ravichandra.

S&R Associates represented Sattva Developers, a sponsor of Knowledge Realty Trust, in its initial public offering. The team was led by partners Sandip Bhagat, Pratichi Mishra, and Meher Mehta, with Associates Siddharth Urs, Vinayaditya Reddy, Aakriti Jalota, Anmol Kanodia, Kaveri Varma, Ameesha Tripathi, Shiv Kumar Sharma, Pradhumna Mohan Dixit, and Aastha Bhandari. Head of Competition Practice Simran Dhir, Partner Akshat Kulshrestha, and associates Sehaj Mahajan and Ritik Mohapatra advised on competition law matters.

Khaitan & Co advised the Book Running Lead Managers – Kotak Mahindra Capital, Axis Capital, BofA Securities India, ICICI Securities, IIFL Capital Services, JM Financial, SBI Capital Markets, and Morgan Stanley India – on the IPO. The core deal team included Subhayu Sen, Aayush Mohata, Aparna Bagree, Dipsa Prasanth, Hrithik Khurana, Ira Pandya, Sarjana Das, Kaushlendra Singh Palawat, Sairandhri Nawale, Harshit Singh, and Mythri Murali, assisted by Harsh Parikh, Abhiraj Gandhi, and Rishabh Vora (Real Estate).

White & Case also advised the Book Running Lead Managers (BRLMs).

Aakriti Jalota, Aashna Gupta, Aastha Bhandari, Aayush Mohata, Abhilash Pillai, Achyutha M, Aditi Aggarwal, Adwait Deshmukh, Aishwarya Wagle, Akshat Kulshrestha, Alampu Kowkrady, Ameesha Tripathi, Amrita Dubey, Anish Meduri, Anisha Dash, Anjali Kadam, Ankoosh K Mehta, Anmol Bhargava, Anmol Kanodia, Aparna Bagree, Arjun Nair, Ashish Jain, Astha Krishna, Avaantika Kakkar, Aviral Sahai, Bhargavi Akanksha, Diksha Bhatt, Dipsa Prasanth, Emil Joseph, Gouri Meempat, Harish Sekar, Harsh Parikh, Harshit Singh, Hrithik Khurana, Ira Pandya, Isha Tandon, Jaideep Kodali, Janhavi Manohar, Januja Gathraj, Jay Shah, Jerrin Mathew, Jinal Mehta, Kalyan Chakravarthy, Karan Sharma, Kaushlendra Singh Palawat, Kaustav Kundu, Kaveri Verma, Kranti Mohan, Kripa Sankari, Meher Mehta, Mohini Parghi, Mohit Gogia, Muskaan Garg, Mythri Murali, Nandini Agarwal, Nimisha Sharma, Nimrah Rasheed, Nitya Ravichandra, Okram Prithvi Singha, Parikha Rathi, Parth Mishra, Pavithra Rao, Pooja Ashwin, Poojith Ashok, Pooranima Hariharan, Pradhumna Mohan Dixit, Prakhar Jain, Pranav Sharma, Pratichi Mishra, Prerna Sengupta, Pushkar Singh, Raghavi Rajagopalan, Reeba Chacko, Rishabh Vora, Ritha Ulbyre, Ritik Mohapatra, Rohan Chugh, Rushi Panchal, Sachin Santuka, Sairandhri Nawale, Sandip Bhagat, Sarjana Das, Sehaj Mahajan, Shiv Kumar Sharma, Shivam Shekhar, Shorya Choudhary, Siddhant Mehta, Siddharth Singh, Siddharth Urs, Simran Dhir, Subham Jain, Subhayu Sen, Suryanarayana Mohanan, Swathi Kathi, Trayosha Darapuneni, Varsha Nair, Vedant Agarwal, Vidushi Kesarwani, Vinayaditya Reddy, Yash J. Ashar

Real Estate

Capital Markets – Equity

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