Meesho Raises ₹2,439 Crore in Anchor Round Ahead of Its IPO

Ecommerce unicorn Meesho has raised ₹2,439 crore through its pre-IPO anchor allotment, boosting investor confidence ahead of its upcoming IPO. According to regulatory filings, domestic mutual funds subscribed to ₹1,040 crore worth of shares, with SBI Mutual Fund alone accounting for nearly 25% of the anchor investment. Global giants such as Singapore’s sovereign wealth fund GIC, BlackRock, Fidelity, and Tiger Global also participated, signaling strong institutional demand.

Meesho’s IPO will open on December 3 and its shares are set to list on the stock exchanges on December 10. The Bengaluru-based online marketplace is launching a ₹5,421-crore public issue, valuing the company at approximately ₹51,535 crore on a post-money basis. The IPO includes ₹4,250 crore in fresh capital, which Meesho plans to use to expand its business, strengthen technology, and accelerate growth.

The strong anchor response highlights investor optimism in India’s fast-growing ecommerce sector and positions Meesho for a successful market debut.