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Meesho's IPO is here—big payday for founders and early backers

Business

Meesho, the e-commerce platform, just announced its IPO price band at ₹105-115 per share, aiming for a valuation of about ₹50,000 crore.
The IPO opens December 3 and closes December 5, with anchor investors getting their shares on December 6.

Founders and early investors cash in

This IPO means huge gains for Meesho's co-founders Vidit Aatrey and Sanjeev Kumar—shares they bought for mere paise are now worth thousands of crores.
Early institutional investors like Elevation Capital and Peak XV Partners are also set to see massive returns, highlighting just how far Meesho has come since its early days.