Meesho slides 22% from peak as ₹54,000 crore lock-in expiry looms
Shares fell 5% to ₹166.60 in an eighth straight session of losses, down 22% from highs but still 50% above the ₹111 IPO price. The 9 June expiry frees 68% of pre-IPO stock—roughly ₹54,000 crore—with PE/VC profit-booking expected to drive a potential ₹5,400 crore outflow.
Shares fell 5% to ₹166.60 in an eighth straight session of losses, down 22% from highs but still 50% above the ₹111 IPO price. The 9 June expiry frees 68% of pr
Mint · Markets · 6/4/2026, 9:28:58 AM · Ask about this →