IPO · Commerce & Consumer Brands

Meesho raises Rs 5,421 crore in IPO

By Startup Enthusiast · 7 January 2026

What they do

Milan Partani appointed GM Commerce Platform, Megha Agarwal resigned as GM Business effective Jan 7

The company raised Rs 5,421 crore through an IPO comprising fresh shares and existing shareholder sales

Shares listed at a 46% premium, valuing the firm at over Rs 78,000 crore with strong market demand

Meesho completed its initial public offering (IPO) to raise capital from public markets.
The total fundraising amount was Rs 5,421 crore across all components of the issue.
Rs 4,250 crore was raised as a fresh issue to benefit the company directly.
Rs 1,171 crore came from an offer for sale by existing shareholders.
Investors committed Rs 2,440 crore in anchor investments before the public listing.
Shares opened at a 46% premium above the fixed issue price of Rs 111.
The stock closed at Rs 173.13, reflecting strong investor interest on the first day.
The company's market capitalization reached Rs 78,141.69 crore ($8.68 billion) at close.

Meesho operates a social commerce platform connecting small sellers with buyers.
Sellers use tools to list products on platforms like WhatsApp and social media.
The company facilitates logistics and payments for these transactions between parties.
Revenue grew to Rs 9,390 crore in the last full fiscal year.
First half of the ongoing fiscal saw revenue reach Rs 5,577 crore.
The company reported a loss of Rs 108 crore before tax and exceptional items.
It focuses on tier-2 and tier-3 cities with affordable product categories.
The model relies on low-cost acquisition through social sharing networks.
Management changes include new leadership for the commerce platform division.