India, June 23 -- Ecommerce major Meesho has reportedly concluded its reverse flip, shifting its domicile to India from the US.

Last month, the company received approval from National Company Law Tribunal (NCLT) to shift its headquarters back to India. The NCLT Bengaluru Bench issued clearance to the ecommerce major in an order dated May 27, 2025.

An ET report said that Meesho's board approved the merger yesterday and shared allotment to investors of the US entity.

".It is now a fully Indian company," one of the sources told ET.

As a part of the redomiciling process, Meesho is reportedly liable to pay around $300 Mn in taxes to shift its headquarters from the US.

Besides, the company is also expected to file its draft red herring pro...