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Meesho IPO: SoftBank-Backed Firm Sets Price Band at ₹105 to ₹111 per Share; Check Key Dates, Issue Details, More

Meesho aims to raise ₹42.50 billion with a ₹4,250 crore IPO, while early investors sell down stakes and major backers like SoftBank hold firm.

  • Shares are priced at ₹105–₹111 per share, with the IPO opening on December 3 and the anchor book scheduled for December 2, aiming to raise ₹42.50 billion.
  • The offering will allow early shareholders to realise gains while signalling investor conviction in India’s online retail market, and CFO Dhiresh Bansal says the listing should help attract talent and boost governance.
  • About 75% of the issue is reserved for qualified institutional buyers, with co-founders Vidit Aatrey and Sanjeev Kumar selling 32 million shares, while major backers like SoftBank are not selling.
  • Meesho, the platform reported 234.20 million transacting users and 706,471 sellers over the past year, with losses widening to ₹4.33 billion for the September 2025 half‑year.
  • Meesho is set to become the first major horizontal e‑commerce platform in India to go public, pursuing a low‑cost, value‑focused model that pressures larger rivals Flipkart and Amazon while comparing itself with Pinduoduo, Shopee and Mercado Libre.
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NewsDrum broke the news in on Thursday, November 27, 2025.
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