{"id":19048,"date":"2025-10-19T06:49:49","date_gmt":"2025-10-19T06:49:49","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/19\/meesho-files-updated-drhp-with-sebi-eyes-rs-4250-cr-via-fresh-equity-ipo-news\/"},"modified":"2025-10-19T06:49:49","modified_gmt":"2025-10-19T06:49:49","slug":"meesho-files-updated-drhp-with-sebi-eyes-rs-4250-cr-via-fresh-equity-ipo-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/19\/meesho-files-updated-drhp-with-sebi-eyes-rs-4250-cr-via-fresh-equity-ipo-news\/","title":{"rendered":"Meesho Files Updated DRHP With Sebi, Eyes Rs 4,250 Cr Via Fresh Equity | Ipo News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9646086\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">October 19, 2025, 12:14 IST<\/time><\/p>\n<h2 id=\"asubttl-9646086\" class=\"jsx-c9f81425ec968c48 jsx-4100614621 asubttl-schema\">Meesho Limited filed UDRHP for IPO with SEBI, aiming to raise Rs 4,250 crore. In FY25, Meesho led India in ATUs and orders, showing strong growth and improved cash flow.<\/h2>\n<figure class=\"jsx-c9f81425ec968c48 jsx-4100614621 amimg\"><img decoding=\"async\" alt=\"Meesho IPO: Shareholders' green light for Rs 4,500 public issue. \" title=\"Meesho IPO: Shareholders' green light for Rs 4,500 public issue. \" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-4100614621\"\/><\/p>\n<p>Meesho IPO: Shareholders&#8217; green light for Rs 4,500 public issue. <\/p>\n<\/figure>\n<p data-start=\"206\" data-end=\"545\">Meesho Limited, a multi-sided e-commerce platform, has filed its Updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI). The proposed IPO includes a fresh issue of equity shares worth up to Rs 4,250 crore and an offer for sale (OFS) of up to 17.56 crore shares by existing shareholders.<\/p>\n<h3 data-start=\"552\" data-end=\"584\">Offer for Sale Details<\/h3>\n<p data-start=\"585\" data-end=\"962\">The OFS will see share sales by investors including Elevation Capital V Limited, Peak XV Partners Investments V, Venture Highway SPVs LLC, Y Combinator Continuity Holdings I, Golden Summit Limited, VH Capital, and others. Promoter selling shareholders Vidit Aatrey and Sanjeev Kumar, along with individual shareholder Man Hay Tam, will also participate in the sale.<\/p>\n<h3 data-start=\"969\" data-end=\"1007\">IPO Proceeds and Utilisation<\/h3>\n<p data-start=\"1008\" data-end=\"1060\">The company plans to use the net proceeds to fund:<\/p>\n<ul class=\"listOncontentArticleUL\" data-start=\"1061\" data-end=\"1344\">\n<li data-start=\"1061\" data-end=\"1148\">\n<p data-start=\"1063\" data-end=\"1148\">Cloud infrastructure investments in its subsidiary Meesho Technologies Pvt Ltd.<\/p>\n<\/li>\n<li data-start=\"1149\" data-end=\"1233\">\n<p data-start=\"1151\" data-end=\"1233\">Salary and talent investments in AI, machine learning, and technology teams.<\/p>\n<\/li>\n<li data-start=\"1234\" data-end=\"1283\">\n<p data-start=\"1236\" data-end=\"1283\">Marketing and brand-building initiatives.<\/p>\n<\/li>\n<li data-start=\"1284\" data-end=\"1344\">\n<p data-start=\"1286\" data-end=\"1344\">Strategic acquisitions and general corporate purposes.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1351\" data-end=\"1405\">India\u2019s Largest E-commerce Platform by Users<\/h3>\n<p data-start=\"1406\" data-end=\"1655\">In FY25, Meesho became India\u2019s largest e-commerce platform by <em data-start=\"1472\" data-end=\"1505\">Annual Transacting Users (ATUs)<\/em> and <em data-start=\"1510\" data-end=\"1525\">Placed Orders<\/em>. The company connected over 500,000 sellers with ~199 million ATUs, facilitating ~1.8 billion orders during the year.<\/p>\n<h3 data-start=\"1662\" data-end=\"1705\">Strong User Growth and Engagement<\/h3>\n<p data-start=\"1706\" data-end=\"1934\">ATUs grew ~28% year-on-year in FY25, reaching ~213 million in the last twelve months ended June 2025. Order frequency improved from 7.5x in FY23 to 9.4x in LTM June 2025, signaling rising user engagement and loyalty.<\/p>\n<h3 data-start=\"1941\" data-end=\"1981\">Rapid Growth in Orders and NMV<\/h3>\n<p data-start=\"1982\" data-end=\"2273\">Total orders surged from ~1 billion in FY23 to ~1.8 billion in FY25, with ~562 million orders recorded in Q1 FY26 \u2014 up ~50% year-on-year.<br data-start=\"2131\" data-end=\"2134\"\/>Net Merchandise Value (NMV) grew ~29% YoY to Rs 29,988 crore in FY25, and further ~36% YoY in Q1 FY26, reaching Rs 8,679 crore.<\/p>\n<h3 data-start=\"2280\" data-end=\"2331\">Turnaround in Cash Flow and Profitability<\/h3>\n<p data-start=\"2332\" data-end=\"2686\">Meesho reported a free cash flow turnaround, moving from a negative Rs 2,336 crore to a positive Rs 1,032 crore (with interest income) in FY25 \u2014 making it India\u2019s largest free cash flow generator among scaled e-commerce players.<\/p>\n<p data-start=\"2332\" data-end=\"2686\">Loss before tax and exceptional items narrowed from Rs 1,672 crore in FY23 to Rs 108 crore in FY25.<\/p>\n<h3 data-start=\"2693\" data-end=\"2741\">Exceptional Items Impact FY25 Net Loss<\/h3>\n<p data-start=\"2742\" data-end=\"2944\">The FY25 net loss of Rs 3,942 crore was mainly due to one-time exceptional costs, including reverse flip tax and perquisite tax, linked to the company\u2019s transition to a public structure.<\/p>\n<h3 data-start=\"2951\" data-end=\"2995\">Q1 FY26: Continued Growth Momentum<\/h3>\n<p data-start=\"2996\" data-end=\"3264\">In Q1 FY26, Meesho recorded ~36% YoY NMV growth and ~50% growth in orders, reaching 562 million transactions. The quarter\u2019s loss before exceptional items stood at Rs 148 crore, with a net loss of Rs 289 crore, reflecting ongoing growth investments.<\/p>\n<h3 data-start=\"3271\" data-end=\"3307\">Lead Managers to the Issue<\/h3>\n<p data-start=\"3308\" data-end=\"3476\">The book-running lead managers to the IPO are Kotak Mahindra Capital, J.P. Morgan India, Morgan Stanley India, Axis Capital, and Citigroup Global Markets India.<\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"Varun Yadav\" title=\"Varun Yadav\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2025\/02\/WhatsApp-Image-2025-02-11-at-14.38.33-2025-02-47cdd4fd31681cc3efe5087cb8bd1418.jpeg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/varun-yadav-28203.html\" class=\"jsx-95088aad1b3c53cd atamail\">Varun Yadav<\/a><\/p>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-4100614621 artcta\"><a href=\"https:\/\/news18.co\/n18egpab\" target=\"_blank\" rel=\"noopener noreferrer\">Follow News18 on Google<\/a>. Join the fun, play <a href=\"https:\/\/www.news18.com\/games\/\">QIK games on News18<\/a>. Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a> to stay updated.<\/span><\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-4100614621 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>October 19, 2025, 12:14 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-4100614621 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <a href=\"https:\/\/www.news18.com\/business\/ipo\/\">ipo<\/a>  <span class=\"brdout\"> Meesho Files Updated DRHP With Sebi, Eyes Rs 4,250 Cr Via Fresh Equity<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-4100614621 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/ipo\/meesho-files-updated-drhp-with-sebi-eyes-rs-4250-cr-via-fresh-equity-ws-l-9646086.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:October 19, 2025, 12:14 IST Meesho Limited filed UDRHP for IPO with SEBI, aiming to raise Rs 4,250 crore. In FY25, Meesho led India in ATUs and orders, showing strong growth and improved cash flow. Meesho IPO: Shareholders&#8217; green light for Rs 4,500 public issue. Meesho Limited, a multi-sided e-commerce platform, has filed its&#8230;<\/p>\n","protected":false},"author":1,"featured_media":19049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-19048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/19048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=19048"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/19048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/19049"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=19048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=19048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=19048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}