Meesho files confidential prospectus for its IPO

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Synopsis

Ecommerce platform Meesho has filed a draft red herring prospectus with Sebi for its upcoming IPO, aiming to raise about Rs 4,250 crore ($500 million). The filing was done under Sebi’s pre-filing route, allowing companies to keep the details of their prospectus confidential.

Image for Meesho files confidential prospectus for its IPOAgencies
Ecommerce marketplace Meesho has filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for its initial public offering, people briefed on the development said.

ET had reported last week that the company’s shareholders had…



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Meesho files confidential prospectus for its IPO


Synopsis

Ecommerce platform Meesho has filed a draft red herring prospectus with Sebi for its upcoming IPO, aiming to raise about Rs 4,250 crore ($500 million). The filing was done under Sebi’s pre-filing route, allowing companies to keep the details of their prospectus confidential.

Image for Meesho files confidential prospectus for its IPOAgencies
Ecommerce marketplace Meesho has filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for its initial public offering, people briefed on the development said.

ET had reported last week that the company’s shareholders had…



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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