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E-commerce unicorn Meesho has confidentially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 4,250 crore (approximately $500 million) through a primary share issue, sources told Entrackr.
The filing comes on the heels of Meesho’s reverse flip to India and its transition into a public company last month.
While earlier reports suggested Meesho was eyeing a $1 billion IPO comprising both primary and secondary…
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E-commerce unicorn Meesho has confidentially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 4,250 crore (approximately $500 million) through a primary share issue, sources told Entrackr.
The filing comes on the heels of Meesho’s reverse flip to India and its transition into a public company last month.
While earlier reports suggested Meesho was eyeing a $1 billion IPO comprising both primary and secondary…
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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