Latham Advises on Shiprocket’s US$169 Million IPO

Latham & Watkins acted as sole international counsel to the book-running lead managers on Shiprocket’s US$169 million initial public offering (IPO) on the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE).

Axis Capital Limited, BofA Securities India Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited served as book-running lead managers for the IPO.

The Latham team was led by Singapore corporate partner Rajiv Gupta and Hong Kong corporate partner Dominik Sklenar, with Singapore associates Sirada Chayabunjonglerd, Margarita del Rosario, Kay Howe Lee, and Nathanael Po. Advice was provided on tax matters by New York partner Elena Romanova, with Washington, D.C. associate Shiyi Parsons.

About Shiprocket

Shiprocket is a leading Indian e-commerce enablement platform that offers integrated logistics, fulfillment, and technology solutions to help businesses manage and scale their online sales operations.

About Latham’s India Practice

With over 20 years of experience advising on Indian debt and equity capital markets transactions, Latham has one of the largest and most active India practices among international law firms. The multi award-winning practice comprises more than 50 lawyers globally, and the team has advised on India-related matters with a combined value in excess of US$100 billion since 2018.