Meesho's Rs 5,421 crore IPO at Rs 105-111 band, targeting Rs 50,096 crore valuation, resurfaces from its December launch
Resurfacing details from Meesho's IPO, which opened Dec 3 and listed Dec 10, with a Rs 4,250 crore fresh issue plus a 10.55 crore-share OFS. The e-commerce platform reports 213M annual users and 2B orders, but posted an FY25 loss of Rs 3,942 crore versus FY24 PAT of Rs 328 crore. Proceeds target cloud, hiring and marketing.
Meesho launches Rs 5,421 crore IPO (Dec 3 open, Dec 10 listing) at Rs 105-111 band, valuing it at Rs 50,096 crore. Fresh issue funds cloud, hiring and marketing; despite 213M users, FY25 saw Rs 3,942 crore loss.
Why this matters
Follows Meesho's reported Rs 5,421 crore IPO readiness and its Rs 202 crore Kirana Club acquisition to scale B2B ecommerce, signaling aggressive expansion despite a widening FY25 loss.
Retail-company signals accelerating at +902500% QoQ.