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Meesho under fire from investors over SBI Funds allotment
Mint New Delhi
|December 03, 2025
Meesho Ltd's anchor book faced a setback after several major investors pulled out when the Indian e-commerce firm was said to have allocated about a quarter of the shares in this tranche to SBI Funds Management Pvt,, the country’s largest asset manager, according to people familiar with the matter.
That decision triggered a pushback from other large funds, the people said, asking not to be identified as the information is private. Meesho is set to open its anchor book— a portion of shares reserved for institutional investors—on Tuesday ahead of its initial public offering that launches on Wednesday.
This story is from the December 03, 2025 edition of Mint New Delhi.
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