Meesho’s IPO anchor book has successfully raised ₹24.4 billion, with shares allocated at ₹111 each. Key investors include SBI Innovative Opportunities Fund and the Government of Singapore, underscoring strong institutional confidence. The anchor round sets the stage for Meesho’s highly anticipated public listing, marking a milestone for India’s e-commerce sector.
Social commerce platform Meesho has finalized its anchor book allocation ahead of its Initial Public Offering (IPO), raising ₹24.4 billion. Shares were allotted at ₹111 apiece, attracting participation from marquee investors such as the SBI Innovative Opportunities Fund and the Government of Singapore.
The anchor investment signals robust institutional interest in Meesho’s growth story, particularly its focus on affordable e-commerce for Tier-II and Tier-III cities. Analysts note that the strong anchor response provides confidence in the IPO’s broader subscription, positioning Meesho as one of the most closely watched tech listings of 2025.
Meesho’s IPO is expected to further validate India’s digital retail ecosystem, where startups are increasingly tapping public markets to fund expansion and innovation.
Key Highlights / Major Takeaways
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Anchor Book Size: ₹24.4 billion raised.
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Share Price: ₹111 per share allocated.
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Investor Participation: SBI Innovative Opportunities Fund, Government of Singapore among key anchors.
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Strategic Context: Boosts confidence ahead of Meesho’s IPO launch.
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Sector Impact: Reinforces India’s e-commerce growth and startup funding momentum.
Sources: Economic Times, Moneycontrol, Business Standard (IPO filings and market reports).