Meesho Ltd. has announced public offering of 488396721 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 110.00 per share. The gross proceeds of the issue are expected to be Rs 5,42,120.36 lakhs.
The company's initial public offer (IPO) will open on 03 December 2025 and is expected to close on 05 December 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 105.00-111.00 per share.
The IPO includes a fresh Issue of 488396721 Equity Shares of the Company at an price of Rs 111.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 135 shares with bids in multiples of 135.
Meesho Ltd. anticipates using the proceeds of the issue for .
JP Morgan India Private Limited.,Kotak Mahindra Capital Company Ltd.,Citigroup Global Markets India Private Limited,Axis Capital Ltd.,Morgan Stanley India Company Pvt. Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.