Low-cost e-comm platform Meesho files for Rs 8,500 crore IPO

MUMBAI: The low cost e-commerce platform Meesho has filed the draft red herring prospectus via the confidential route with the markets regulator Sebi, looking to raise Rs 4,250 crore in primary capital and a similar amount in secondary share sales, joining the bandwagon of other new-age companies Pine Labs, Wakefit, Curefoods and Shadowfax, which have all filed the IPO papers.

With the filing Meesho moves a step closer to listing and also joins a growing list of new-age companies like Pine Labs, Wakefit, Curefoods and Shadowfax which have already done so.