Markets

Meesho IPO: SoftBank-backed firm raises ₹2,439 crore from anchor investors ahead of public issue — Check details

December 3, 2025

Meesho has raised ₹2,439 crore from anchor investors ahead of its IPO, but faced significant investor backlash over its allocation strategy. A controversial decision to allocate a quarter of its anchor shares to SBI Funds Management has led several major investors to withdraw their participation, raising concerns about the IPO's reception.

Meesho IPO: SoftBank-backed firm raises ₹2,439 crore from anchor investors ahead of public issue — Check details

Credit: Livemint

Key Highlights

Meesho raised ₹2,439 crore from anchor investors before its IPO.
The company allocated 21.97 crore equity shares at ₹111 per share.
Investor protests erupted due to preferential allotment to SBI Funds Management.
Major investors like Capital Group and Aberdeen Group withdrew from the anchor placement.
Meesho's IPO is set to open following the anchor round controversy.

Business

Sources

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.

Meesho IPO: SoftBank-backed firm raises ₹2,439 crore from anchor investors ahead of public issue — Check details

Key Highlights

Sources

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