Meesho IPO: E-commerce platform files updated DHRP with Sebi; eyes Dec 2025 listing

Backed by major investors such as SoftBank, Prosus, and Elevation Capital, Meesho has filed its updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) as the ecommerce platform prepares to launch its initial public offering (IPO).

Meesho filed its initial confidential DRHP with the Sebi in early July 2025. The filing was made confidentially, a route that allows companies to withhold public disclosure of details until a later stage.

The proposed IPO includes a fresh issue of equity shares aggregating up to ₹4,250 crore, with a face value of ₹1 each, and an offer for sale (OFS) of up to 17.57 crore equity shares by selling shareholders.

The Bengaluru-based company is eyeing a December 2025 listing on stock exchanges and looks to raise around ₹6,000 crore through the offering, industry sources told Fortune India.