Meesho’s Confidential IPO Route, Q-Comm Under Lens & More

, By INC42
E Commerce

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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…



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Meesho’s Confidential IPO Route, Q-Comm Under Lens & More

, Published By INC42
E Commerce


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Indian firms target overseas assets to fast-track semiconductor ambitions
Next News
Meta, TikTok take tech fee fight to court
INC42

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