Meesho Receives SEBI Approval for $700–800M IPO
E-commerce company Meesho has received clearance from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), aiming to raise between $700–800 million. This makes it one of the largest upcoming listings by a new-age Indian startup.
IPO Structure and Listing Plan
The issue will include a fresh share sale of about $480 million (₹4,250 crore) and an offer for sale (OFS) of around $250–300 million (₹2,200–2,600 crore) by existing investors. The total IPO size is expected at ₹6,500–7,000 crore, with the listing likely in December 2025.
Company Financials
For FY25, Meesho reported operating revenues of about ₹9,390 crore, reflecting a 23% rise from the previous year. However, the firm posted a net loss of nearly ₹3,941 crore, largely due to expenses tied to shifting its domicile from the U.S. to India and higher operational costs.
Use of Proceeds and Market Impact
Meesho plans to invest IPO proceeds into technology, logistics, brand-building and general corporate purposes. Analysts say the approval strengthens its position as one of the first large horizontal e-commerce marketplaces in India preparing for a domestic market debut, potentially encouraging other digital firms to follow suit.
