India, July 3 -- Ecommerce giant Meesho has filed its DRHP with markets regulator SEBI via the confidential pre-filing route, joining the long queue of Indian new-age tech companies looking to go public.
The company's public issue will comprise a fresh issue of shares of about INR 4,250 Cr, sources told Inc42. It will also have a big offer for sale component, taking the total IPO size to up to $1 Bn (about INR 8,550 Cr).
Meesho declined to comment on the development.
This comes a week after Meesho got its board's nod to raise up to INR 4,250 Cr (around $500 Mn) via a fresh issue in its public listing.
The company recently shifted its domicile back to India after receiving approval from the National Company Law Tribunal (NCLT).
Founde...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.