By Admin 
Meesho ipo: E-commerce platform Misho is preparing to bring its IPO. It is being told that in the coming days, the company can secretly apply for this with SEBI. The supporters of this company in Bangalore include SoftBank Group Corporation. Through this IPO, the company can raise from $ 700 million to $ 800 million.
Meesho changed his name
Meanwhile, Misho has changed her name to Misho Private Limited to Misho Limited. In a general meeting held on June 5, the company’s board has also approved this proposal to change the name.
Explain that before bringing the IPO, the process of changing the name is considered very important. The motive behind this is to increase the identity of your brand and attract investors. In addition, shares of a private limited company cannot trade in public because its ownership is limited. Whereas Public Limited Company shares can be listed in the stock market and people can buy it. It has a stake with many shareholders. The company has said in its filing, we are thinking about many options for growth and bringing IPOs at the right time will be a part of our plan.
Misho dominated the market
Like the second e-commerce platform, Misho’s scope in the Indian markets is increasing. According to a report, 37 percent of the total audiences placed on e-commerce platforms in India in 2024 were only Misho. By the end of 2024, the number of customers shopping on Misho platforms also increased to 18.7 crore. In the same year, Misho’s revenue reached Rs 7615 crore with a jump of 33 percent. Let us know that along with raising IPO capital, there is also a way to list in the stock market. This also increases awareness among people about the brand.
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