Not all partnerships are built in a day, some are built over more than a decade. Trust Legal’s relationship with Gaudium IVF & Women Health Limited is exactly that kind, who has been working as an in-house law firm for Gaudium till date and it has now reached its defining moment: Gaudium’s Initial Public Offering.

For over a decade, Trust Legal has been embedded in every chapter of Gaudium’s growth, present through every new clinic, regulatory approval, governance restructure, and strategic pivot. That continuity of counsel, spanning corporate structuring, compliance, IP, and commercial contracts, gave the firm an institutional depth that made it uniquely placed to steer Gaudium through the rigorous demands of an IPO: due diligence, restructuring, disclosure standards, and coordination with merchant bankers and advisors. When the moment arrived, there was no learning curve. The work had already been done.

Dr. Manika Khanna, Founder and Director of Gaudium, put it plainly: “Trust Legal has been more than just a legal advisor to us; they have been a trusted partner in our journey of growth. For over a decade, their team led by Mr. Sudhir Mishra has provided consistent legal guidance across every stage of our expansion. As we move towards this important milestone of entering the capital markets, their deep understanding of our organisation and their strategic legal counsel have been invaluable.”

Founded in 2015, Gaudium IVF has grown into one of India’s more prominent fertility networks, with over 30 centres offering IVF, ICSI, and reproductive preservation services. Its IPO comes at a moment when the fertility care sector is attracting serious investor attention, making this listing a bellwether event for the industry as much as for the company itself.

In many ways, the Gaudium IPO is a testament to a philosophy that Trust Legal has long practised: that the most valuable legal counsel is not the kind that arrives for the closing dinner, but the kind that has been in the trenches with a client since before the first clinic opened its doors. The IPO is a beginning, not an end and for Trust Legal, it is simply the latest chapter in a partnership built to last.

Dr Manika Khanna (centre) with Mr. Sudhir Mishra, Founder & Managing Partner and Ms. Petal Chandhok, Partner of Trust Legal.