The allocation drew participation from major global institutional investors, including GIC, Fidelity and BlackRock, along with India’s largest domestic mutual funds such as SBI Mutual Fund, Axis Mutual Fund and Birla Mutual Fund.

Meesho raises ₹2,439 crore from over 60 anchor investors ahead of IPO

Meesho Ltd Raises ₹2,439 Crore from Anchor Investors Ahead of IPO

Meesho Ltd, a leading e-commerce company, has successfully raised ₹2,439 crore from over 60 anchor investors ahead of its highly anticipated Initial Public Offering (IPO).

Major Institutional Investors Participate in the Allocation

GIC, Fidelity, and BlackRock - Major global institutional investors who participated in the allocation
SBI Mutual Fund, Axis Mutual Fund, and Birla Mutual Fund - India's largest domestic mutual funds that participated in the allocation

Technology-Focused Investors Show Interest

Dragoneer Investment Group - Prominent technology-focused investor that participated in the allocation
Morgan Stanley Investment Management (Counterpoint Global) - Technology-focused investor that participated in the allocation
Goldman Sachs Asset Management - Technology-focused investor that participated in the allocation
WCM Investment Management - Technology-focused investor that participated in the allocation

IPO Details

Price Band: ₹105 per equity share of face value ₹1 each to ₹111 per equity share of face value ₹1 each
Bid and Offer Opening: Wednesday, December 3, 2025
Bid and Offer Closing: Friday, December 5, 2025
Minimum Bid Quantity: 135 equity shares
Multiples of Bid Quantity: 135 equity shares

Anchor Allocation

Total Equity Shares Allocated: 219,778,524 equity shares
Domestic Mutual Funds' Share: 45.91% of the total anchor allocation, through 52 schemes

Use of IPO Proceeds

Meesho plans to utilize the IPO proceeds to strengthen its cloud infrastructure, boost marketing and brand initiatives, and pursue acquisitions and other strategic growth opportunities.