Tech
Meesho’s reverse flip may conclude this week; likely to file IPO papers this month, say sources
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Ecommerce marketplace Meesho could see the process of its redomiciling from the US to India conclude as early as this week, paving the way to file draft papers for its initial public offering (IPO) this month, people in the know said.
The Bengaluru-based company is targeting a $700-800 million IPO, but the issue size and the timelines could change depending on the market conditions, one of the persons said, adding that Meesho is likely to file under the Securities and Exchange Board of India’s (Sebi) confidential route.
“Meesho’s flip back…
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