Bengaluru-headquartered social commerce platform Meesho has taken a decisive step towards going public by restructuring itself into a public limited company. The company is preparing for a significant change as it plans to launch an IPO worth between ₹7,000 and ₹10,000 crore (around $1 billion) by the end of 2025.
Major Legal and Financial Overhaul
Meesho’s intention to relocate its legal domicile from the United States to India indicates that more Indian business owners are searching for local listings. Meesho intends to return to India to comply with local market standards and gain better access to public funds. Meesho awarded bonus shares worth ₹411 crore to prepare for its IPO. By doing so, it strengthens its balance sheet and prepares its capital structure for possible investors. Additionally, it raises shareholder value prior to becoming public.
Top Investment Banks Onboard
The IPO process is being handled by some of the most reputed investment banks in the world. Meesho has hired Kotak Mahindra Capital, Morgan Stanley, JPMorgan, and Citi as its main bankers.
India’s Startup IPO Pipeline Grows
The IPO journey of Meesho shows how Indian tech companies have matured. A new phase of capital market integration is beginning in India’s startup ecosystem as companies like Oyo, Ola Electric, Pine Labs, and now Meesho seek for the public markets.
Founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, Meesho has grown rapidly as a reseller-focused e-commerce platform, empowering small sellers and entrepreneurs across Tier II and III cities. The company has previously attracted investments from marquee names including SoftBank, Sequoia Capital, and Meta (formerly Facebook).
Final Thoughts
Important turning points in India’s digital commerce history include Meesho’s conversion to a public limited company and its impending initial public offering (IPO). Meesho is positioning itself as a leader for the upcoming generation of Made-in-India unicorns to enter the public market as investor interest in successful, scalable Indian businesses increases.
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