Try GOLD - Free
Meesho announces IPO at ₹50,000-cr valuation
Financial Express Lucknow
|November 29, 2025
SOFTBANK-BACKED e-commerce firm Meesho, whose ₹5,421-crore initial public offering (IPO) opens for bids on December 3, on Friday set the price band at ₹105-111.
The firm will be valued at ₹50,096 crore at the upper end of the band. Proceeds will be used for technology upgrades, greater AI adoption, marketing and opportunistic inorganic growth.
Meesho’s value proposition is the “simplicity of products” and it has the “highest user rate among e-commerce apps,’ the company said. It is using “artificial intelligence (AI) to solve India-specific problems in areas including product delivery, voice search and image search’.
While its logistics division is profitable, the advertising section has higher margins.
This story is from the November 29, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Air India gets trainer aircraft for flying academy in Amravati
AIR INDIA HAS taken delivery of the first two Diamond DA42NG multi-engine trainer aircraft for its upcoming Flying Training Organisation (FTO) at Amravati, marking a significant milestone in the establishment of South Asia's largest pilot training facility.
1 min
December 14, 2025
Financial Express Lucknow
Shiprocket aims to raise ₹2,342 crore
TEMASEK-BACKED E-COMMERCE enablement platform Shiprocket has filed updated draft papers with markets regulator Sebi to raise a little over ₹2,342 crore through its initial public offering (IPO), reports PTI.
1 min
December 14, 2025
Financial Express Lucknow
Indian holidayers favour foreign shores over domestic
Outbound tourist numbers rising, inbound static
1 min
December 14, 2025
Financial Express Lucknow
Organiser detained, inquiry ordered in Messi event chaos
CHAOS AT THE Salt Lake stadium here during a Lionel Messi event on Saturday which escalated into a major lawand-order episode with police detaining the prime organiser for alleged mismanagement, even as West Bengal CM Mamata Banerjee ordered a high-level inquiry and apologised to fans.
1 min
December 14, 2025
Financial Express Lucknow
A myth & its unmaking
A dismantling of the idea of progress, forcing a rethink what it means to advance at all
4 mins
December 14, 2025
Financial Express Lucknow
The Omega 3 angle
Why is this important for health, and how should we consume it
3 mins
December 14, 2025
Financial Express Lucknow
The shot that saves
Time travel across a century of India's vaccine story
4 mins
December 14, 2025
Financial Express Lucknow
Railways deactivates 30.3 mn fake accounts
MINISTER FOR RAILWAYS Ashwini Vaishnaw on Saturday stated that the Indian Railways deactivated 30.3 million fake accounts from IRCTC website.
1 min
December 14, 2025
Financial Express Lucknow
I-T dept sends SMS, emails for bogus political donation claims
THE INCOME TAX department has started sending SMS and email advisories to taxpayers for wrongful deduction claims related to unrecognised political parties or charitable institutions, the finance ministry said on Saturday.
1 min
December 14, 2025
Financial Express Lucknow
Full FDI in insurance may not shake sector
Foreign insurers might still opt for Indian partners
1 min
December 14, 2025
Listen
Translate
Change font size