India’s social commerce giant, Meesho, is getting ready for a landmark IPO via SEBI’s confidential filing route. The SoftBank-backed company is on track to become the first horizontal e-commerce marketplace from India’s startup ecosystem to hit the public markets—even ahead of Flipkart.
Let’s dive into the IPO details, business updates, and why Meesho could be a strong contender in your investment portfolio.
| Feature | Details |
| IPO Issue Size | Up to ₹8,500 Cr (~$1 Billion) |
| Primary Capital | ₹4,250 Cr |
| IPO Type | Confidential filing via SEBI |
| Expected Listing | Sep–Oct 2025 |
| Use of Funds | Growth, Tech Upgrades, Early Investor Exit |
| Valuation Target | ~$10 Billion |
| Lead Investors | SoftBank, Meta, Prosus |
While many e-commerce players are chasing quick commerce and premium customers, Meesho has quietly built a value-focused business targeting Tier 2, 3, and 4 cities. Its platform thrives on unbranded, affordable products that appeal to price-conscious Indian shoppers.
Meesho has evolved from a reseller model to a robust open marketplace with low commissions, no listing fees, and a stronghold in low-AOV (average order value) commerce. Its current AOV of ₹315–₹350 helps it dominate the “INR 99 economy”—something Amazon and Flipkart struggle with due to their high logistics overheads.
To strengthen repeat purchases and profitability, Meesho launched Meesho Mall, onboarding over 1,000 D2C brands. This vertical offers:
This hybrid model could offer long-term profit stability without diluting Meesho’s core value proposition.
| Metric | FY24 | FY23 |
| Revenue | ₹7,615 Cr | ₹5,721 Cr |
| Adjusted Loss | ₹53 Cr | ₹1,569 Cr |
| Total Loss | ₹305 Cr | N/A |
| GMV | $6.5 Billion | $4.5 Billion (approx.) |
| Market Share (Volume) | 37% | ~30% |
With a strong balance sheet, massive user base, and improving bottom line, Meesho’s IPO presents an exciting opportunity for retail and institutional investors.
It’s also a rare case of an Indian startup reaching profitability before listing, making it even more attractive amidst global skepticism toward loss-making tech IPOs.
Thinking About Investing?
If you’re considering investing in the Meesho IPO or want to know more about upcoming public offerings, connect with Beesawa for personalized investment consultations and IPO guidance.
Disclaimer
This blog is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered advisor before making any investment decisions.
Beesawa Securities Ltd. in Nagpur is one of the leading businesses in the Mutual Fund Agents.
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