Meesho Bulk Deal: Institutional investors offload almost 6 crore shares
The latest bulk deal in focus: 5.98 crore equity shares of the recently listed Meesho were sold in a bulk deal on June 10. FID FDI 2117 LLC offloaded 2.59 crore shares at an average price of Rs 165.18, while FID FDI 312 LLC sold 3.39 crore equity shares via two bulk deals at an average price of Rs 165.21.
About Meesho
Based in Bengaluru, Meesho is a well-known e-commerce platform. It enables users to purchase affordable products, including clothing, cosmetics, electronics, and home goods. Additionally, it is widely known for allowing individuals to launch their own online businesses as resellers without any initial investment.
