Meesho's Rs 5,421-crore IPO opens Dec 3 at Rs 50,096-crore valuation
Meesho's Rs 5,421 crore IPO opens December 3 and lists December 10, valuing the platform at Rs 50,096 crore. The Rs 4,250 crore fresh issue funds cloud, AI hiring and marketing, while early backers offload 10.55 crore shares via OFS. Meesho posted a FY25 loss of Rs 3,941.70 crore on reorganization costs.
Meesho's Rs 5,421 crore IPO opens December 3, listing December 10, valuing the ecommerce platform at Rs 50,096 crore. Fresh issue funds cloud, AI hiring and marketing; early investors offload 4-5% via OFS. Company posted FY25 loss on reorganization costs.