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Money

Can Meesho turn its massive reach into real profits? Its IPO will tell

Meesho Ltd., a prominent Indian e-commerce platform backed by SoftBank, is poised to launch its initial public offering (IPO) on December 3, 2025, aiming to raise ₹5,421 crore. The IPO features a price band of ₹105 to ₹111 per share and seeks to convert its significant order volume into sustainable profits amidst challenges related to cash-on-delivery costs.

Can Meesho turn its massive reach into real profits? Its IPO will tell

Credit: Livemint

Key Highlights

  • Meesho aims to raise ₹5,421 crore through its IPO.
  • The IPO price band is set between ₹105 and ₹111 per share.
  • It includes both new shares and an offer for sale (OFS).
  • ₹4,250 crore will be raised through fresh shares and ₹1,171.20 crore via OFS.
  • Meesho shares are currently trading at a ₹42 premium in the grey market.
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Sources

  1. Can Meesho turn its massive reach into real profits? Its IPO will tell
  2. Meesho IPO opens tomorrow. GMP, date, price, review, other details in 10 points about upcoming IPO

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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