Meesho launches Rs 5,421 crore IPO at Rs 105-111 band, valuing e-commerce firm at Rs 50,096 crore
Meesho's IPO opens December 3 and lists December 10, comprising a Rs 4,250 crore fresh issue and OFS of up to 10.55 crore shares. The platform reports 213 million annual users and 2 billion orders, but posted an FY25 loss of Rs 3,941.70 crore. Proceeds target cloud, AI hiring, marketing and acquisitions.
Meesho launches Rs 5,421 crore IPO opening December 3, listing December 10, at Rs 105-111 price band valuing the e-commerce firm at Rs 50,096 crore. Proceeds fund cloud, AI hiring, marketing and acquisitions; FY25 posted Rs 3,941.70 crore loss.
Why this matters
The IPO follows strong demand, with the retail tranche fully subscribed in the first hour on anchor interest. Meesho is also scaling B2B reach via its Rs 202 crore Kirana Club acquisition.
Retail-company signals are accelerating, up +453000% QoQ.