img

The proposed IPO will consist of afresh issue of shares worth ₹4,250 crore and an offer for sale (OFS) of 17.57 crore shares by existing investors. Prominent investors such as Elevation Capital and Peak XV Partners are expected to participate in the sale. The total fundraising from the IPO is estimated to be between ₹5,500 crore and ₹6,600 crore.

Meesho has demonstrated significant financial improvement, reporting a free cash flow of ₹1,032 crore for the fisca year ending March 2025, a stark turnaround from a negative cash flow of ₹2,336 crore in the previous fiscal year. The company has also substantially narrowed its losses. This financial progress has made it the first horizontal Indian e-commerce platform to achieve profitability.


Read More: Apollo Micro Systems A Multibagger Marvel Surging Over 2000% in Five Years