Meesho IPO day 1, Dec. 3 -- The initial public offering (IPO) of Meesho Ltd. is set to hit the Indian primary market today. The public issue will remain open until 5 December 2025. The e-commerce company that operates on a zero-business model has declared the Meesho IPO price band at Rs.105 to Rs.111 per equity share. The Fresh Capital-cum Offer for Sale is a combination of fresh issue and an offer for sale (OFS). The company aims to raise Rs.5,421.20 crore, out of which Rs.4,250 crore is intended to be raised through the issuance of fresh shares. The remaining Rs.1,171.20 crore is reserved for the OFS route. The mainboard IPO is proposed for listing on the BSE and the NSE.
According to market observers, shares of Meesho Ltd. are availab...
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