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Meesho has filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (Sebi), setting the stage for the first pure-play horizontal ecommerce marketplace listing in India.
Meesho is targeting a December 2025 listing on Indian bourses, sources in the know said.
The Bengaluru-based company plans to raise approximately Rs 5,800–6,600 crore ($700–800 million) via the offering, which includes a primary issue of Rs 4,250 crore ($500 million).
According to the updated prospectus, Elevation Capital is selling…
