Meesho Sets IPO Price Band At INR 105-111, Seeks $5.6 Bn Valuation

At the upper end of the price band, the IPO will value the company at INR 50,096 Cr (about $5.6 Bn)

The IPO is set to open on December 3 (Wednesday), and the anchor bidding for Meesho’s IPO will take place on Tuesday

At the upper end of the price band, the total IPO size would be INR 5,421 Cr (about $606.2 Mn)

Ecommerce major Meesho has set a price band of INR 105 to INR 111 for its initial public offering (IPO), which is set to open on December 3 (Wednesday).

At the…