Meesho's Rs 5,421 crore IPO opened Dec 3, priced at Rs 105-111 band valuing firm at Rs 50,096 crore
Resurfacing a Dec 3 move: India's social commerce leader headed to market with 213 million annual users and 2 billion orders behind it, but also a Rs 3,941.70 crore FY25 loss. Backers Elevation Capital, Peak XV, Prosus and SoftBank eyed partial exits as the offer tested investor appetite for lossmaking e-commerce scale plays.
Meesho's Rs 5,421 crore IPO opens Dec 3, lists Dec 10; price band Rs 105-111, valuing company at Rs 50,096 crore amid India's growing e-commerce sector and investor stake sales.