Meesho launches Rs 5,421 crore IPO at Rs 50,096 crore valuation, opens December 3
Meesho's IPO opens December 3 and lists December 10 with a price band of Rs 105-111. The Rs 4,250 crore fresh issue funds cloud, AI hiring and marketing, alongside a 10.55 crore-share OFS. The platform claims 213 million annual users and 2 billion orders, but FY25 losses widened to Rs 3,941.70 crore.
Meesho launches a Rs 5,421 crore IPO opening December 3, listing December 10, valuing the e-commerce platform at Rs 50,096 crore. Fresh issue funds cloud, AI hiring and marketing; FY25 loss stood at Rs 3,941.70 crore.
Why this matters
The IPO follows Meesho's Rs 105-111 band pricing and a retail tranche fully subscribed in the first hour on strong anchor demand, building on its Rs 202 crore Kirana Club buy to scale B2B reach.
Retail-company signals are accelerating, up 453800% QoQ.
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