Meesho's Rs 5,421 crore IPO opens Dec 3 at Rs 105-111, valuing the platform at Rs 50,096 crore
Meesho's IPO opens December 3 and lists December 10, comprising a Rs 4,250 crore fresh issue and a 10.55 crore share OFS as VCs including Elevation, Peak XV, Prosus and SoftBank trim stakes. Fresh proceeds fund cloud, AI hiring and marketing. The platform reports 213 million annual users and 2 billion orders against an FY25 loss of Rs 3,941.70 crore.
Meesho's Rs 5,421 crore IPO opens December 3, listing December 10 at Rs 105-111 per share, valuing the ecommerce platform at Rs 50,096 crore. Fresh issue funds cloud, AI hiring and marketing; multiple VCs exit via OFS.