Meesho IPO, June 28 -- E-commerce startup Meesho has got the green light from its shareholders to raise Rs.4,250 crore through an initial public offering, according to the regulatory filings of the company.
As per a report by PTI that has cited the regulatory filings, the resolution for IPO was passed in the Extraordinary General Meeting on June 25.
The shareholders approved raising up to Rs.4,250 crore through issuance of fresh equities, the filing dated June 27 showed.
"The proposed offering will include a fresh issue of equity shares aggregating up to Rs.4,250 crore and an offer for sale of equity shares by certain existing shareholders of the company," the filing said, according to the report.
However, the final size of the IPO co...
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