Meesho's Rs 5,421 crore IPO opened Dec 3 at Rs 105-111, valuing firm at Rs 50,096 crore — resurfacing the early-December listing
Meesho's IPO launched December 3 with a price band of Rs 105-111 per share, targeting a Rs 50,096 crore valuation, resurfacing details from that early-December opening. The Rs 5,421 crore offer included a Rs 4,250 crore fresh issue and 10.55 crore-share OFS, with proceeds funding cloud, AI hiring, marketing and acquisitions. Listed December 10.
Meesho launches its Rs 5,421 crore IPO opening December 3 at Rs 105-111 per share, valuing the e-commerce firm at Rs 50,096 crore, with fresh-issue proceeds funding cloud, AI hiring, marketing and acquisitions.