The ecommerce major has raised INR 2,439.5 Cr from anchor investors for the initial public offering, selling 21.98 Cr shares
With respect to sales for FY25, Meesho is priced at a 5.3x P/S multiple, well below Eternal’s 14.33x, Lenskart’s 11.1x and Nykaa’s 9.43x, and brokerages have maintained a bullish stance on the public float
Despite its efforts to improve efficiency through Valmo and an AI stack, Meesho’s value-driven proposition built around the zero commission model could actually increase margin pressure in the…

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