Meesho is accelerating its public listing. The ecommerce unicorn is likely to file its DRHP with SEBI in the coming weeks via the confidential pre-filing route.
What’s The Plan? The company plans to raise $700 Mn to $800 Mn from its public offering, which is slightly lower than the previously reported number of $1 Bn. However, discussions are still ongoing, and the size of the IPO could change.
Why The Confidential Route? Introduced by SEBI in 2022, the confidential pre-filing route enables IPO-bound companies to keep their DRHPs private…