Meesho updates DRHP for $800 million IPO, targets December listing
Social-commerce platform Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) to the Securities and Exchange Board of India, aiming to raise approximately $800 million via its initial public offering, with a proposed listing by December 2025. The Bangalore-based company is among the first pure-play horizontal-ecommerce marketplaces in India to eye a public float, leveraging rapid growth in tier-2/3 markets and advertising commerce monetisation. The listing could set a benchmark for other digital-first firms seeking public capital.
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19h ago
Meesho updates DRHP for $800 million IPO, targets December listing
Social-commerce platform Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) to the Securities and Exchange Board of India, aiming to raise approximately $800 million via its initial public offering, with a proposed listing by December 2025. The Bangalore-based company is among the first pure-play horizontal-ecommerce marketplaces in India to eye a public float, leveraging rapid growth in tier-2/3 markets and advertising commerce monetisation. The listing could set a benchmark for other digital-first firms seeking public capital.
positive
Meesho updates DRHP for $800 million IPO, targets December listing
about 20 hours ago
1 min read
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Meesho files updated IPO paperwork for ~$800 million listing, setting a potential benchmark for Indian e-commerce firms.
Social-commerce platform Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) to the Securities and Exchange Board of India, aiming to raise approximately $800 million via its initial public offering, with a proposed listing by December 2025. The Bangalore-based company is among the first pure-play horizontal-ecommerce marketplaces in India to eye a public float, leveraging rapid growth in tier-2/3 markets and advertising commerce monetisation. The listing could set a benchmark for other digital-first firms seeking public capital.
Social-commerce platform Meesho has submitted an updated Draft Red Herring Prospectus (UDRHP) to the Securities and Exchange Board of India, aiming to raise approximately $800 million via its initial public offering, with a proposed listing by December 2025. The Bangalore-based company is among the first pure-play horizontal-ecommerce marketplaces in India to eye a public float, leveraging rapid growth in tier-2/3 markets and advertising commerce monetisation. The listing could set a benchmark for other digital-first firms seeking public capital.