Meesho launches Rs 5,421 crore IPO at Rs 50,096 crore valuation, opens December 3
E-commerce player Meesho's IPO comprises a Rs 4,250 crore fresh issue and a 10.55 crore share OFS, priced at Rs 105-111. Fresh proceeds fund cloud infrastructure, tech hiring and marketing. The platform claims 213 million annual users and 2 billion orders, but posted an FY25 loss of Rs 3,941.70 crore. Listing set for December 10.
Ecommerce player Meesho launches Rs 5,421 crore IPO opening December 3, valuing it at Rs 50,096 crore, with fresh issue funding cloud infrastructure, tech hires, and marketing. Early investors offload stakes via OFS; company posted FY25 losses.
Why this matters
The IPO follows BofA naming Meesho a top new-age internet bet in its Q1 preview, and precedes Meesho's 11th anniversary commemorative film marking its post-IPO milestone.
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