Meesho launches Rs 5,421 crore IPO at Rs 50,096 crore valuation, opens December 3
Meesho's IPO opens Dec 3, lists Dec 10 at a Rs 105-111 price band. The Rs 4,250 crore fresh issue funds cloud, AI hiring and marketing, plus a 10.55 crore share OFS. The platform boasts 213 million annual users and 2 billion orders, but posted an FY25 loss of Rs 3,941.70 crore.
Meesho launches Rs 5,421 crore IPO opening December 3, listing December 10, at Rs 105-111 band valuing the e-commerce firm at Rs 50,096 crore. Fresh issue funds cloud, AI hiring and marketing; company posted FY25 losses despite 213 million users.