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Meesho generated <span class='webrupee'>₹</span>1,032 crore in free cash flow in the fiscal ended 31 March 2025—the highest among listed e-commerce firms in India.

Nov 21, 06:19 PM IST 1 min read

Meesho Ltd. is targeting a valuation of Rs 53,000 crore (approximately $6 billion) in its upcoming IPO in December, as it joins India’s thriving IPO landscape. The company, backed by SoftBank, is negotiating a pre-IPO placement with SBI Funds Management, which could affect the estimated Rs 6,000 crore IPO size. Meesho, known for its presence in smaller cities, generated Rs 1,032 crore in free cash flow for the fiscal year ending March 2025.

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