Tech
Ecommerce firm Meesho to launch IPO on December 3; targets to raise Rs 4,250-crore via fresh issue
[ad_1]
SoftBank-backed ecommerce firm Meesho is set to float its initial public offering (IPO) comprising a fresh issue of shares worth Rs 4,250 crore on December 3.
The company’s maiden public offering will conclude on December 5, and anchor investors will be allocated shares on December 2, according to the red herring prospectus (RHP) filed on Thursday.
Apart from the fresh issue, the IPO will have an offer-for-sale of 10.55 crore shares by existing investors.
The offer-for-sale includes the sale of equity shares by some of Meesho’s early investors,…
[ad_2]
Source link
Continue Reading