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Issue Open Date
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03-Dec-25
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Issue Closing Date
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05-Dec-25
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Application Money
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100
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Allotment Money
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Price Band
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105
-
111
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Minimium Application No.
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135
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Issue Size (Shares)
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277938446
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Market Lot
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1
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Objective
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1. Investment for cloud infrastructure in Meesho Technologies Private Limited, our Subsidiary; 2.Payment of salaries of our existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by Meesho Technologies Private Limited, our Subsidiary; 3.Investment in Meesho Technologies Private Limited, our Subsidiary, for expenditure towards marketing and brand initiatives; and 4.Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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76541361
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2921108400
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38.16
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Qualified Institutional Buyers
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150369511
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18071742600
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120.18
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Retail Individual Investors
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51027574
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973849770
|
19.08
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Business Description
We are a multi-sided technology platform driving e-commerce in India by bringing together four key stakeholders – consumers, sellers, logistics partners and content creators. Our e-commerce marketplace, that we operate under the brand name Meesho, emerged as India’s largest in terms of number of Placed Orders and Annual Transacting Users among e-commerce players in India in the last twelve months period ended June 30, 2025, according to the Redseer Report. Our value focused platform is designed to serve all segments of consumers across India by making ecommerce affordable, accessible and engaging. We are focused on providing ‘Everyday Low Prices’ to consumers. Our technology-first operations, platform scale and efficiency offers low cost order fulfilment to sellers on Meesho. This, along with a zero commission model for sellers enables us to reduce the average cost charged to sellers and provide a wide assortment of products ranging from low cost unbranded products, regional brands and national brands at affordable prices on Meesho. Our artificial intelligence/machine learning (“AI/ML”) led algorithms are designed to deliver a personalised, discovery led shopping experience to consumers similar to an offline window shopping experience, making online shopping easy and engaging for consumers.
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Promoter's Holding
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Total Share Capital
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788248697
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Offered to Public
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277938446
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Promoter's Holding (Pre-Issue)
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40.47
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Promoter's Holding (Post-Issue)
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16.76
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Address |
3rd Floor
Wing- E
Helios Business Park
Kadubeesanahalli Village
Varthur Hobli
Outer Ring Road
Bengaluru,
Karnataka,
560103
Phone : 9108021923
Email : cs@meesho.com
Website : www.meesho.com
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Registrar |
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
Citigroup Global Markets India Pvt Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
Morgan Stanley India Co Pvt Ltd
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Promoters |
Sanjeev Kumar
Vidit Aatrey
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