Try GOLD - Free

E-comm platform Meesho files for ₹8,500 cr IPO

The New Indian Express Coimbatore

|

July 04, 2025

LOW-COST e-commerce platform Meesho on Thursday filed the draft red herring prospectus via the confidential route with the markets regulator Sebi, looking to raise ₹4,250 crore in primary capital and a similar amount in secondary share sales.

- BENN KOCHUVEEDAN @ Mumbai

With this, Meesho moves a step closer to listing and also joins a growing list of new-age companies like Pine Labs, Wakefit, Curefoods and Shadowfax which have already done so. These issues will be much higher given that new-age companies hit the street primarily to give an exit route to their external investors who sell their holding through offer-for-sale (OFS) route during the IPO.

MORE STORIES FROM The New Indian Express Coimbatore

The New Indian Express Coimbatore

BJP demands apology over Modi slogans at Cong rally

. RS adjourned after uproar over 'threat'; Rijiju intensifies attack

time to read

1 mins

December 16, 2025

The New Indian Express Coimbatore

The New Indian Express Coimbatore

LS clears ₹41,455 crore for additional spending

THE Lok Sabha on Monday cleared the first tranche of Supplementary Demands for Grants, seeking an allocation of ₹41,455 crore of additional spending by the Centre in the current financial year, including expenditure of over ₹18,000 crore for fertilizer subsidy.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

LAD funds of 3 Raj MLAs frozen on graft allegation

THE Rajasthan government on Monday seized Local Area Development (LAD) Fund accounts of three legislators and ordered an inquiry amid allegations that hefty commissions being demanded in exchange for sanctioning works under the scheme.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

₹ fall deepens as it closes at 90.73/$, weakens by 0.34%

THE rupee continued to weaken for the fourth consecutive day, breaching 90.75-mark during the intraday trade and closing at record low of 90.73 per dollar on Monday.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

2 Babbar Khalsa terrorists held from Mumbai

THE Punjab Police have arrested from Mumbai two gangsterturned-terrorists linked with the banned terrorist organisation Babbar Khalsa International (BKI), and operating from overseas locations.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

India's trade deficit falls to 5-month low of $24.53 bn in Nov; export rises by 15%

INDIA'S trade deficit in November has declined to a five-month low of $24.53 billion in November, primarily due to the fall in gold, oil and coal imports, while there has been a considerable rise in the exports to the US, showed the data released by by the Ministry of Commerce on Monday.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

Nabin takes charge; Shah, Nadda welcome new prez at party HQ

A day after being named as BJP's new working president, Nitin Nabin took charge of his new responsibility at the party headquarters here on Monday in the presence of Home Minister Amit Shah and outgoing national president JP Nadda.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

CM PRESENTS ₹1.9 CRORE WORTH INCENTIVES TO SPORTSWOMEN

CHIEF Minister MK Stalin on Monday presented cheques for incentives to sportswomen who won medals at the 7th Carrom World Cup held in the Maldives recently and congratulated them.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

Lack of road for ambulance leaves pregnant woman, unborn child dead

A pregnant tribal woman, Sukri Kumari, and her unborn child were killed in Jharkhand's Gumla due to a lack of roads in the village.

time to read

1 min

December 16, 2025

The New Indian Express Coimbatore

Nothing mini about auction as franchises look to rebuild

CSK, KKR have high purse value and are keen to put together a core group of players; teams like MI, PBKS and GT, meanwhile, will like to add some back-ups

time to read

4 mins

December 16, 2025

Listen

Translate

Share

-
+

Change font size