JSA Advocates & Solicitors (JSA) advised Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. and Morgan India Private Limited, Morgan Stanley India Company Private Limited in relation to the Qualified Institutions Placement of equity shares of Biocon Limited (the “Company” and such offering, the “QIP”) of 112,664,585 equity shares of face value of ₹ 5 each aggregating to ₹ 41,500 million.
The JSA Capital Markets team was led by Madhurima Mukherjee Saha, Partner; with support from Sagar Batra, Partner; Bhavini Mohan, Senior Associate; and Rachit Munjal, Nidhi Prakriti, Shivani Agrawal, Aryaman Singh & Kumar Shubham, Associates.












Madhurima Mukherjee is a Partner at JSA and Head of the Capital Markets practice, with over 20 years of experience advising on India's most significant domestic and international securities offerings. Recognised as one of India's leading capital markets lawyers, she has advised on landmark IPOs, QIPs, rights issues, REITs, InVITs, block trades and strategic capital-raising transactions for top corporates, financial institutions, investors and government entities.