Meesho IPO: Company Targets $6 Bn Valuation Ahead of December Listing

IPO-bound Meesho IPO-bound Meesho

Meesho IPO buzz is rising as the ecommerce platform prepares for its public market debut. The company is now targeting a post-money valuation slightly above $6 Bn (≈ INR 53,700 Cr). With investor roadshows completed and timelines being finalised, Meesho is aiming for a listing in the first or second week of December.

This makes Meesho one of the most closely watched IPOs in India’s booming startup market.


Meesho IPO Gains Momentum With Updated DRHP Filings

After receiving SEBI approval for its confidential DRHP in early October, Meesho filed its updated DRHP (UDRHP) on October 18. The company is also expected to submit UDRHP-II shortly.

Key Highlights From the Filing

  • Meesho plans to raise INR 4,250 Cr through fresh issuance.

  • Existing shareholders will sell up to 17.5 Cr shares via the Offer for Sale (OFS).

  • Sellers include Elevation Capital, Peak XV, Y Combinator, Highway Capital, SoftBank, Prosus, and founders Vidit Aatrey and Sanjeev Kumar.

These details show strong investor participation as the Meesho IPO approaches.


How Meesho Plans to Use the Fresh Funds

Meesho aims to channel the new capital into key growth areas such as:

  • Cloud infrastructure

  • Technology upgrades

  • Marketing expansion

  • Strategic acquisitions

The company believes these investments will help strengthen its long-term competitiveness in India’s value ecommerce space.


Financial Performance Ahead of the Meesho IPO

Meesho recorded a 23% YoY revenue increase, reaching INR 9,389.9 Cr in FY25.
However, the company also posted a net loss of INR 3,914.7 Cr. The loss came mainly from a one-time INR 3,883 Cr cost linked to its reverse flip back to India.

Despite the loss, Meesho’s scale, user base, and revenue growth continue to position it as a strong contender in public markets.


A Record Year for Startup IPOs in India

If the Meesho IPO succeeds, it will add to an already historic year.
2025 has seen the highest number of startup listings in India’s history.
This momentum highlights growing investor confidence in the country’s digital-first businesses.


Conclusion

The Meesho IPO is shaping up to be one of the most important market events of the year. With solid revenue growth, backing from top global investors, and a clear fundraising strategy, Meesho is entering the public markets at a pivotal moment for India’s startup ecosystem.