Alongside two recent lateral hires at other firms, J Sagar Associates (JSA) Mumbai partners Somasekhar Sundaresan and Rohitashwa Prasad bagged the mandate for InterGlobe Aviation, which operates the airline IndiGo, on its proposed initial public offering (IPO) that is expected to raise Rs 2,500 crore ($394m) in the largest IPO by an Indian airline to date according to Mint.

AZB & Partners Delhi partner Madhurima Mukherjee acted for the underwriters, together with senior associate Agnik Bhattacharyya and Pallavi Meena, and associates Namita Das, Nabil Shadab, Prakhar Bharadwaj, Abhinav Maker and Prashant Kumar.

Khaitan partner Abhimanyu Bhattacharya, who had joined in November 2014 from Amarchand, with principal associate Aditya Cheriyan acted for selling Interglobe co-founder Rakesh Gangwal, ad other selling shareholders such as Shobha Gangwal, Asha Mukherjee and the Chinkerpoo Family Trust.

The JSA team led by Sundaresan and Prasad also included senior associates Kaustubh George, Narayan Kedia and Nidhi Sahay; and associates Anubhuti Sinha, Murtaza Zoomkawala and Smruti Datt.

Alongside AZB, Latham & Watkins Singapore partner Rajiv Gupta assisted the lead managers - Citigroup Global Markets India, JP Morgan India and Morgan Stanley India - and other banks on non-Indian laws.

As reported yesterday, Mukherjee led on the Cafe Coffee Day IPO for the underwriters that filed its draft prospectus earlier this week. She had joined AZB one year ago after building up Luthra & Luthra’s capital markets practice.