India, Oct. 19 -- Ecommerce unicorn Meesho has filed its updated draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI).
The SoftBank-backed giant's public offer will now comprise a fresh issue of shares worth INR 4,250 Cr (nearly $483 Mn) and an offer-for-sale (OFS) component of 17.56 Cr shares (17,56,96,602 to be precise).
As per the DRHP, the Bengaluru-based unicorn reported an operating revenue of INR 9,389.9 Cr in FY25, up 23% from the INR 7,615.1 Cr reported in the year-ago period.
Meesho primarily generates revenue from online delivery of goods, display of advertisements on the platform, assurance services and other platform services.
Including total income, the startup's revenue...
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