Meesho Secures SEBI Approval for ₹6,600 Crore IPO, Eyes December 2025 Listing

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Meesho, the Bengaluru-based e-commerce platform, has received SEBI approval for its ₹6,600 crore IPO, marking a significant milestone aimed at raising fresh capital and enabling early investors to partially exit. The IPO is expected to launch in December 2025, positioning Meesho as a leading new-age tech company entering the public markets.

E-commerce platform Meesho is gearing up for its public market debut with SEBI granting regulatory approval for its ₹6,600 crore Initial Public Offering (IPO). This development sets the stage for one of the biggest IPOs in the Indian new-age company space this year, anticipated to take place by December 2025 on Indian stock exchanges.

The proposed IPO comprises a fresh issue of ₹4,250 crore new equity shares, which will directly infuse capital into Meesho to bolster its growth initiatives. The remaining portion of the issue, approximately ₹2,350 crore, will be raised through an Offer for Sale (OFS), where existing investors—such as Elevation Capital, Peak XV Partners, Venture Highway, and company founders—will partially divest their holdings, thereby realizing returns on their investments.

Founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, Meesho started as a social commerce platform before pivoting to a horizontal e-commerce model serving smaller cities and towns across India. It is uniquely positioned as a value-retail focused marketplace, rapidly expanding into categories like footwear, accessories, home décor, and personal care. Notably, Meesho's logistics arm, Valmo, now manages over 50% of its marketplace volume, strengthening operational capabilities.

Meesho's last funding round valued the company at around $3.9 billion, down from a peak valuation of $5 billion, reflecting market adjustments. Post-IPO, Meesho is expected to hold about ₹7,500 crore in cash reserves, with fresh proceeds earmarked for scaling server infrastructure, marketing, and general corporate purposes to accelerate growth and enhance technology capabilities.

This IPO event is also symbolic as Meesho aims to benchmark itself against global horizontal e-commerce leaders like China's Pinduoduo and Tmall, rather than quick-commerce platforms. The listing aligns with a wave of large tech IPOs expected in the near future, including those of Lenskart and Groww, signaling renewed investor confidence in India's digital economy.

Key highlights:

Meesho received SEBI approval for a ₹6,600 crore IPO targeting December 2025 listing
Fresh equity issue worth ₹4,250 crore for growth funding; ₹2,350 crore via Offer for Sale
Existing investors including Elevation Capital and Peak XV Partners to partially exit
Founded in 2015, Meesho transitioned from social commerce to pure-play horizontal e-commerce
Expanding rapidly into multiple categories and growing logistics via its Valmo arm
Last funding round valued Meesho at $3.9 billion; expected cash reserves post-IPO ₹7,500 crore
Fresh funds to be used for server infrastructure, marketing, and corporate needs
IPO places Meesho among top new-age tech public listings, alongside Lenskart, Groww

Sources: Times Now News, Economic Times, NewsBytes, Moneycontrol, TV9 Hindi, GoodReturns

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