eCommerce
Meesho’s IPO Opens Today, 2025 Startup IPO Gold Rush & More
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Meesho’s IPO Goes Live
India’s IPO pipeline remains red-hot as Meesho’s public issue opens today. On Tuesday, the ecommerce major raised INR 2,439.5 Cr from anchor investors, including SBI, Tiger Global and BlackRock. So, how does Meesho’s IPO stack up?
Inside Meesho’s IPO Cart: The ecommerce major’s IPO comprises a fresh issue of INR 5,421 Cr and an OFS component of 10.6 Cr shares. It has set a price band of INR 105-111 for the issue, targeting a valuation of INR 50,000 Cr on the upper end of the spectrum.
Scale & Strategy:…
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