Meesho launches Rs 5,421 crore IPO at Rs 50,096 crore valuation
Meesho opens its Rs 5,421 crore IPO on Dec 3 with a price band of Rs 105-111, valuing the platform at Rs 50,096 crore. The Rs 4,250 crore fresh issue funds cloud, AI hiring and marketing, while early backers exit via a 10.55 crore share OFS. FY25 loss stood at Rs 3,942 crore.
Meesho launches a Rs 5,421 crore IPO (Dec 3), valuing the e-commerce platform at Rs 50,096 crore. Fresh issue funds cloud, AI hiring and marketing; early investors sell in OFS. FY25 loss of Rs 3,942 crore noted.