Meesho Prepares for a High-Value IPO Amid Strong Market Momentum

Indian e-commerce platform Meesho is gearing up for its upcoming IPO with a valuation target of about $5.6 billion, signaling its intent to scale further in a market led by Amazon and Flipkart. The company has set a price band of 105–111 rupees per share for the three-day issue beginning December 3, with anchor bidding starting on December 2. Meesho aims to raise roughly 54 billion rupees, combining new share issuance with a reduced sale from existing investors, while SoftBank retains its holdings.