India, Nov. 21 -- IPO-bound ecommerce major Meesho is targeting a post-money valuation of little over $6 Bn (about INR 53,700 Cr) for its initial public offering (IPO). As per sources, the company has completed investor roadshows and is finalising its listing timeline, with sources pointing to a possible listing in the first half of December or the second week of December.
After receiving the markets regulator Securities and Exchange Board of India (SEBI) for its confidential DRHP earlier in October, Meesho filed its updated DRHP (UDRHP) on October 18. The startup is likely to file its UDRHP-II in the coming week.
Inc42 has reached out to Meesho to seek official comments on the same. The story will be updated based on the responses. Mon...
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