India, Nov. 28 -- Meesho, the SoftBank-backed e-commerce platform is scheduled to open for subscription on 3rd December. The company aims to raise Rs 5,421 crore through the public listing on the domestic stock exchanges, the BSE and NSE, with a tentative listing date of 10 December 2025

Meesho plans to fix the IPO price bands at Rs 105 to Rs 111 per equity share. At the upper end of the band, the company is valued at Rs 50,096 crore (approx. USD 5.6 billion).

The total issue size of Rs 5, 421 crore comprises of two components. A fresh issue of shares worth Rs 4,250 crore. And, an Offer for Sale (OFS) of 10.55 crores shares, valued at approximately Rs 1,171 crore at the upper price band by existing investors.

Early backers participatin...