Meesho to launch logistics arm after blockbuster IPO
Fresh off a hugely successful IPO, Meesho is setting up its own logistics subsidiary to handle everything from moving goods to managing storage and trans-shipment through third-party service providers.
The board gave the green light on January 12, 2026, with an initial share capital of ₹1 lakh.
How did Meesho's IPO go?
Meesho's December 2025 IPO was a hit—raising over ₹5,000 crore.
The shares were oversubscribed 79 times (retail investors jumped in 19 times over), and the stock listed at ₹162 per share—a solid 46% jump from its issue price of ₹111.
What does Meesho actually do?
Meesho runs a social commerce app focused on tier-2+ cities, making it easy for people to buy and sell everything from fashion to home goods.
In FY25, its parent company clocked in revenues of nearly ₹9,390 crore.
Other updates
The board also brought in BMP & Co. LLP as secretarial auditors till FY2030 and updated its employee stock option plan (ESOP).
Plus, as part of the IPO journey, Meesho pumped ₹2,890 crore into its main business through a rights issue.