Meesho launches Rs 5,421 crore IPO at Rs 105-111 band, valuing marketplace at Rs 50,096 crore
Meesho's IPO opens Dec 3 with a Rs 4,250 crore fresh issue plus a 10.55 crore-share OFS, listing Dec 10. Funds target cloud, AI hiring and marketing. The marketplace claims 213 million annual users and 2 billion orders but posted an FY25 loss of Rs 3,942 crore.
Meesho launches Rs 5,421 crore IPO (Dec 3 open, Dec 10 listing) at Rs 105-111 band, valuing the e-commerce marketplace at Rs 50,096 crore. Fresh issue funds cloud, AI hiring and marketing; company posted FY25 losses of Rs 3,942 crore.
Why this matters
The IPO follows Meesho's Rs 202 crore all-cash acquisition of Kirana Club to scale its B2B ecommerce reach, signaling an aggressive growth and capital-raising push ahead of listing.
Retail-company signals accelerating, up 825700% QoQ.