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Online marketplace Meesho is gearing up for a major stock market debut, with its ₹5,421-crore initial public offering scheduled to open on December 3. The SoftBank-backed startup has set a price range of ₹105–111 per share, which would value the company at roughly ₹50,096 crore ($5.6 billion) at the upper end.
The three-day public issue will close on December 5, while anchor investors will be allotted shares on December 2.
Meesho’s IPO consists of a fresh share issue worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares amounting to ₹1,171 crore. Early backers — including Elevation Capital, Peak XV Partners, Venture Highway, and Y Combinator — are among those trimming their stakes through the OFS.
The company intends to channel the fresh capital into cloud infrastructure expansion, brand and marketing initiatives, strategic acquisitions, and general corporate requirements. Meesho is slated to list on exchanges on December 12.
The allocation structure reserves 75% of the issue for qualified institutional buyers, 15% for non-institutional investors, and the remaining 10% for retail participants.
In FY25, the Bengaluru-based platform facilitated transactions between more than five lakh sellers and 199 million annual transacting users, supporting 1.8 billion orders. Its Net Merchandise Value (NMV) climbed 29% year-on-year to ₹29,988 crore, building on 21% growth in FY24.
However, the company reported a net loss of ₹3,942 crore for FY25, driven largely by one-off expenses related to reverse-flip tax and perquisite tax arising from its transition to a public company structure.
This article was originally published by the Franchiseindia.com. To read the full version, visit here 
