Social commerce platform Meesho has officially transitioned into a public company as it takes a major step toward launching its initial public offering (IPO). The move signals Meesho’s growing ambition in India’s competitive e-commerce space.
According to the Ministry of Corporate Affairs (MCA) filings, Meesho has changed its status from a private limited company to a public limited company. The new name is now Meesho Limited, a required step for companies planning to go public.
IPO Preparations Underway
The company is reportedly working closely with investment bankers and legal teams to file its Draft Red Herring Prospectus (DRHP) with the market regulator SEBI. The IPO is expected to hit the markets later this year or in early 2026.
Meesho’s IPO will likely include a mix of fresh share issuance and an offer-for-sale (OFS) by existing investors. This move could allow retail and institutional investors to own a piece of one of India’s fastest-growing e-commerce startups.
Strong Performance and Investor Support
Backed by top investors like SoftBank, Meta (formerly Facebook), Elevation Capital, and Peak XV Partners, Meesho has carved a unique position in the Indian e-commerce market by targeting value-conscious buyers and small sellers in tier-2 and tier-3 cities.
The company claims to have over 150 million transacting users and has been steadily improving its unit economics. In FY24, Meesho reportedly became EBITDA positive and narrowed its losses significantly compared to the previous fiscal year.
Competitive Landscape
Meesho competes with giants like Amazon India, Flipkart, and Reliance’s JioMart, but its zero-commission model and focus on low-cost products have helped it stand out. Its app is especially popular among small business owners, resellers, and homemakers.
The IPO will help Meesho raise funds to expand its logistics, technology, and supply chain capabilities while continuing to grow its user base.
