Meesho, the Bengaluru-based e-commerce platform known for connecting small sellers with value-focused shoppers in smaller towns, is targeting a December 2025 public listing.
The company aims to raise up to ₹6,600 crore—₹4,250 crore from new shares and up to ₹2,350 crore from existing investors cashing out.
Meesho's brand and financials
Launched in 2015, Meesho has built its brand by helping small businesses reach rural and tier 3+ city customers—a segment less emphasized by giants like Amazon and Flipkart.
In FY25, Meesho crossed ₹9,390 crore in revenue and reported positive free cash flow for the first time—all while staying debt-free.
Losses and investor exits
Despite strong growth, Meesho's net loss jumped to ₹3,941.7 crore in FY25 due to restructuring as it moved its holding structure from the US to India.
Big investors like Elevation Capital and Peak XV Partners are selling some of their shares.
SEBI gave its approval for the IPO in October 2025; shares will be listed on both NSE and BSE.