Meesho IPO: E-commerce platform files updated DHRP with Sebi; eyes Dec 2025 listing
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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.
October 2025
As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.
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