Meesho Files Ipo Draft Paper with Sebi via Confidential Route

Meesho IPO: SoftBank-Backed E-Commerce Platform Confidentially Information Draft Papers

Prosus-backed e-commerce platform Meesho is alleged to have confidentially filed draft papers for its preliminary public providing, folks conscious of the matter mentioned. The corporate had earlier gotten shareholders’ approval to boost as much as Rs 4,250 crore by a major share issuance within the capital market. “With respect to the supply, the corporate will probably be required to file a pre-filed draft purple herring prospectus,” Meesho ha…

Meesho IPO: SoftBank-Backed E-Commerce Platform Confidentially Files Draft Papers

Prosus-backed e-commerce platform Meesho is said to have confidentially filed draft papers for its initial public offering, people aware of the matter said.The company had earlier gotten shareholders' approval to raise up to Rs 4,250 crore through a primary share issuance in the capital market."With respect to the offer, the company will be required to file a pre-filed draft red herring prospectus," Meesho had said in a regulatory filing.Meesho'…

Meesho Files DRHP Via Confidential Route For Up To $1 Bn IPO

Ecommerce giant Meesho has filed its DRHP with markets regulator SEBI via the confidential pre-filing route, joining the long queue of Indian new-age tech companies looking to go public. The company’s public issue will comprise a fresh issue of shares of about INR 4,250 Cr, sources told Inc42. It will also have a big offer for sale component, taking the total IPO size to up to $1 Bn (about INR 8,550 Cr). Meesho declined to comment on the develop…