Meesho launches Rs 5,421 crore IPO at Rs 50,096 crore valuation, listing Dec 10
Indian e-commerce player Meesho opens its Rs 5,421 crore IPO on Dec 3 with a Rs 105-111 price band, comprising a Rs 4,250 crore fresh issue and 10.55 crore OFS shares. Proceeds target cloud, AI, marketing and acquisitions. The platform reports 213 million annual users and 2 billion orders, against a FY25 loss of Rs 3,941.70 crore.
Indian e-commerce player Meesho launches Rs 5,421 crore IPO (Dec 3-10), valued at Rs 50,096 crore. Comprises Rs 4,250 crore fresh issue plus OFS; proceeds fund cloud, AI teams, marketing and acquisitions. Reports FY25 loss of Rs 3,941.70 crore.