By Admin 
Meesho IPO: Online shopping platform Meesho is now completely ready to launch its IPO. The company had submitted the updated Draft Red Herring Prospectus (DHRP) to the market regulator SEBI, which has also been approved. With this Meesho is ready for mainboard listing.
Like Zepto, now Meesho has also joined the list of unicorn companies raising funds through IPO. Let us tell you that unicorns are those startup companies whose valuation has crossed 1 billion dollars.
What will be the size of IPO?
E-commerce platform Meesho wants to raise about $ 48 crore (Rs 4,250 crore) by issuing fresh shares and Rs 2,200-2,600 crore by selling $ 25-30 crore through Offer for Sale (OFS), which will take the overall size of the IPO to about Rs 6,500-7,000 crore. The funds raised will be used to meet branding, corporate needs and technology-related costs.
Now the book building process may take 30-35 days, after which the company will launch the IPO and decide the valuation. According to the updated prospectus, early investor Elevation Capital is selling the largest stake in the IPO of this Bengaluru-based company under the OFS window, followed by Peak XV Partners and Venture Highway. Promoters Vidit Atre and Sanjeev Baranwal will also sell shares under OFS.
loss making company
Meesho, a company formed in 2015, recorded a revenue of Rs 7,615 crore and a loss of Rs 305 crore in the financial year 2024. Meesho shifted its headquarters from Delaware, America to India. Due to this expenditure, Meesho’s losses increased further in the financial year 2025. Meesho’s net loss increased from Rs 305 crore to Rs 3,941 crore in 2025. At the same time, the net loss of Meesho in the first quarter of the business year 2026 was Rs 289 crore. It is possible that this IPO will help the company recover to a great extent.
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