Meesho Files RHP, Issue To Open On December 3

Ecommerce major Meesho has filed its red herring prospectus (RHP) with markets regulator SEBI for its upcoming initial public offering (IPO)

The Bengaluru-based ecommerce company plans to raise up to INR 4,250 Cr via a fresh issue of shares. Alongside this, existing investors will sell up to 10.55 Cr shares via the offer for sale (OFS) component

The OFS will see participation from both founders, Vidit Aatrey and Sanjeev Kumar, who are looking to each sell up to 1.6 Cr shares each….