Meesho launches Rs 5,421 crore IPO at Rs 50,096 crore valuation, opens Dec 3
Meesho's Rs 5,421 crore IPO opens Dec 3 and lists Dec 10 at a Rs 105-111 price band. The Rs 4,250 crore fresh issue funds cloud, AI, marketing and acquisitions, alongside an OFS of 10.55 crore shares. The e-commerce platform posts 213M annual users and 2B orders but a FY25 loss of Rs 3,942 crore.
Meesho launches a Rs 5,421 crore IPO opening Dec 3 (listing Dec 10) at Rs 105-111 band, valuing it at Rs 50,096 crore. Fresh issue funds cloud, AI, marketing and acquisitions; posts FY25 loss of Rs 3,942 crore.