Indian online shopping platform Meesho is now aiming to go public. The company has secretly filed its draft IPO documents with SEBI (India’s market regulator), hoping to raise around ₹4,250 crore. The IPO could happen as soon as September or October 2025, based on current reports.
So, what exactly happened?
Meesho didn’t make a big public announcement. Instead, it chose to file confidentially, which means only SEBI sees the full details for now. This method gives the company more time to fix any issues or change its plans without the public watching everything.Sources say the IPO will include both new shares (to raise money) and an offer for sale (where early investors may sell part of their stake).
How’s Meesho doing lately?
In the last financial year, Meesho reported: Revenue of around ₹7,615 crore. Losses decreased significantly—from ₹1,675 crore to about ₹305 crore. It also saw a strong rise in product sales, with a GMV (gross merchandise value) of $6.2 billion. This basically means Meesho is selling much more now and is gradually moving toward profits.
What else is happening?
Interestingly, Meesho has also moved its legal base from the U.S. to India recently. This step usually helps companies list on Indian stock markets more smoothly. They’ve also officially registered as a public company in India.
Why does this matter?
This IPO is a significant development for India’s startup ecosystem. With several companies like Ola Electric and PhysicsWallah also planning to list, Meesho’s move indicates that startup IPOs are gaining momentum again after a quiet year or two.
If everything proceeds smoothly, this could also boost investor confidence and open new opportunities for Meesho future