12 Dec 2025

Meesho Limited Initial Public Offering

"Khaitan & Co advised the Book Running Lead Managers — Kotak Mahindra Capital, J.P. Morgan India, Morgan Stanley India, Axis Capital and Citigroup Global Markets India — on Meesho Limited's INR 54,212.04 million IPO, comprising a fresh issue and an offer for sale by shareholders including Peak XV Partners, Elevation Capital, Y Combinator Continuity and Venture Highway Series; the IPO debuted strongly on NSE and BSE."

Khaitan & Co advised the Book Running Lead Managers Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Private Limited, Axis Capital Limited and Citigroup Global Markets India Private Limited in relation to the initial public offering of Meesho Limited. The transaction comprised the offering of equity shares of Meesho Limited aggregating to INR 54,212.04 million. The IPO included a fresh issue and an offer for sale by certain existing shareholders, which included Peak XV Partners, Elevation Capital, Y Combinator Continuity and Venture Highway Series. The issue made a strong market debut on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). Khaitan & Co represented the Book Running Lead Managers Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Private Limited, Axis Capital Limited and Citigroup Global Markets India Private Limited with a team composed by: Abhimanyu Bhattacharya (Partner), Aditya Cheriyan (Partner), Chirayu Chandani (Partner), Tishita Mukherjee (Principal Associate), Hrithik Khurana (Senior Associate), Aayush Virani (Associate), Aastha Shyam Sarda (Associate) and Siddharth Jain (Associate).
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