CosmicTaco

Meesho Prepares $1 Billion IPO for Diwali Debut

CosmicTaco · 2025-03-24T11:21:30.840602+05:30

- Meesho has selected Morgan Stanley, Kotak Mahindra Capital, and Citi to manage its upcoming IPO. - The homegrown e-commerce platform aims to raise around $1 billion through the public offering. - The IPO is expected to value Meesho at $10 billion, significantly higher than last year's $3.9 billion valuation. - Meesho's listing could outpace rival Flipkart, which is also planning its market debut. - Additional banks like JP Morgan might join the IPO syndicate if discussions proceed successfully. Source: [MoneyControl](https://www.moneycontrol.com/news/business/ipo/meesho-picks-morgan-stanley-kotak-and-citi-as-bankers-for-1-billion-ipo-at-valuation-of-10-billion-12972998.html)

Meesho has selected Morgan Stanley, Kotak Mahindra Capital, and Citi to manage its upcoming IPO.
The homegrown e-commerce platform aims to raise around $1 billion through the public offering.
The IPO is expected to value Meesho at $10 billion, significantly higher than last year's $3.9 billion valuation.
Meesho's listing could outpace rival Flipkart, which is also planning its market debut.
Additional banks like JP Morgan might join the IPO syndicate if discussions proceed successfully.

Source: MoneyControl