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December 9, 2025
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- Sun, 14 December 2025
SoftBank-backed e-commerce platform Meesho is set to raise ₹4,250 crore through an Initial Public Offering (IPO), following shareholder approval during an Extraordinary General Meeting held on June 25. The total IPO size is expected to be around ₹8,500 crore (approximately $1 billion).
However, the final size will be confirmed after the company submits its Draft Red Herring Prospectus (DRHP) to SEBI.
According to The Economic Times, Meesho intends to file its DRHP via the confidential route, allowing it more flexibility in fine-tuning its offer before making it public.
For preparing such a huge IPO, Meesho had to make a tough and very expensive call: To move back to India from the US by paying $288 million.
Also, it has successfully merged its U.S.-based parent company, Meesho Inc., registered in Delaware, with its Indian entity.
Additionally, the company’s shareholders have approved a change in leadership structure. Co-founder and CEO Vidit Aatrey will now also serve as the Chairman and Managing Director of Meesho, enhancing his leadership role as the company enters a new phase of growth.
Meesho’s financial performance has seen a significant turnaround over the past few years:
FY 2022: Revenue stood at ₹3,232 crore, with a nearly equal loss of ₹3,248 crore.
FY 2023: Revenue rose to ₹5,735 crore, while losses narrowed to ₹1,675 crore.
FY 2024: Revenue surged to ₹7,615 crore, with losses slashed to just ₹53 crore. The company also achieved cash-flow positivity and posted a profit in at least one quarter.
FY 2025 (ongoing): Meesho is now on the verge of achieving full-year profitability.
[Credits for header image: indian retailer
This content is for informational purposes only and does not constitute legal, financial, or investment advice. This has been constituted based on third-party sources. We do not assume any liability for actions taken based on this information.]
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