India, June 12 -- Ecommerce major Meesho, which is set to file its IPO papers in a few weeks via the confidential route, will likely complete its redomiciling process from the US to India in a few days.
An ET report, citing sources, said that Meesho's flip back process will close in a few days and it will be ready to file its IPO papers as early as next week, but that could get stretched to sometime later this month.
As per a separate Bloomberg report, the startup would look to raise $700 Mn to $800 Mn from its public offering. The number is slightly lower than the $1 Bn IPO that was speculated previously.
Inc42 has reached out to Meesho for comments on the development. The story will be updated based on the response.
The startup has ...
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