Meesho's Rs 5,421 crore IPO at Rs 50,096 crore valuation opened December 3 — resurfacing the details
Resurfacing a December 3 move: E-commerce platform Meesho's IPO comprised a Rs 4,250 crore fresh issue plus a 10.55 crore share OFS, priced at Rs 105-111. Proceeds fund cloud infrastructure, AI hiring, marketing and acquisitions. The platform reports 213 million annual users and 2 billion orders, despite an FY25 loss of Rs 3,941.70 crore. Listing was set for December 10.
E-commerce platform Meesho launches Rs 5,421 crore IPO opening December 3, listing December 10, valuing it at Rs 50,096 crore. Comprises Rs 4,250 crore fresh issue plus OFS; proceeds fund cloud, AI hiring, marketing and acquisitions.