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MORGAN STANLEY MEESHO
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
Meesho shares surge over 7% after Q4 losses shrink sharply; Morgan Stanley raises target priceMeesho shares surged after the e-commerce platform posted an 88% YoY drop in Q4 losses to Rs 166 crore, while revenue jumped 47% to Rs 3,53...
Morgan Stanley starts Meesho coverage with equal-weight; flags full valuation. Check target, upside potentialMorgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage ...
Meesho protest: Why Samir Arora and Sandip Sabharwal are unhappy with how IPO anchors are chosenSeveral global and domestic funds withdrew from Meesho's anchor book, citing dissatisfaction with share allocation, particularly SBI Mutual...
Meesho IPO: Tech firm raises Rs 2,440 crore from marquee anchors including BlackRock, Fidelity and SBI MFMeesho has successfully garnered Rs 2,440 crore from 125 anchor investors ahead of its IPO debut. Shares have been priced at Rs 111 each. T...
Meesho IPO: GMP at 38% ahead of December 3 opening, signals strong listing sentimentMeesho's IPO, opening December 3-5 with a price band of Rs 105-Rs 111, shows strong investor sentiment with a healthy grey market premium. ...
Meesho IPO: GMP hints at strong listing. Check price band, financials - Should you bid?Meesho’s Rs 5,421-crore IPO is drawing strong interest, with GMP indicating a possible 40% listing premium. Backed by improving fundamental...
Meesho’s Rs 5,421 crore IPO GMP hints at strong listing. Check price band, financials and other key detailsMeesho’s Rs 5,421-crore IPO is drawing strong interest, with grey market trends indicating a potential 30% listing premium. Despite continu...
Meesho's Rs 5,421 crore IPO to open on December 3, price band fixed at Rs 105–Rs 111 per shareMeesho's initial public offering opens on December 3. The e-commerce firm plans to raise Rs 5,421 crore. The IPO includes a fresh issue and...
Meesho eyes $6 billion valuation with December 3 IPO; check price bandMeesho is targeting a $6 billion valuation as it prepares for a December IPO. The e-commerce firm is also in talks with SBI Funds for a pre...
Meesho likely to launch IPO in second week of DecemberE-commerce platform Meesho is preparing for its Initial Public Offering. The company aims to launch its IPO in the second week of December....
Meesho files updated IPO papers with Sebi; eyes Rs 4,250 crore fresh sale as earnings surgeIn a strategic move, Meesho, the dynamic e-commerce player, has filed an updated draft for its upcoming IPO, aiming to secure an impressive...
Meesho concludes reverse flip process; likely to file DRHP in 2–3 weeksSoftBank-backed Meesho has completed its reverse flip, moving its domicile to India and becoming a fully Indian company. The board approved...
Meesho secures NCLT approval for reverse flip; faces $280-300 million tax outgo in the USMeesho, like fellow Y Combinator-backed startups Groww and Razorpay, was incorporated in the US to simplify access to global capital. Howev...
Meesho’s reverse flip may conclude this week; likely to file IPO papers this month, say sourcesThe Bengaluru-based ecommerce marketplace is eyeing a $700-800 million IPO, but the issue size and the timelines could change depending on ...
SoftBank-backed Meesho said to plan IPO filing in coming weeksThe Bengaluru-based firm, backed by SoftBank Group Corp., is reportedly aiming to raise between $700 million and $800 million through the I...
Meesho converts to public entity in run-up to IPOMeesho has completed the crucial step of converting from a ‘private limited’ to a ‘public limited’ company in the run-up to its IPO. The on...
Logistics firms under pressure; The race to deliver styleHappy Thursday! With Indian ecommerce firms insourcing deliveries, the third-party logistics sector is likely to witness consolidation. Thi...
IPO-bound Meesho to change Indian parent entity’s name from Fashnear TechnologiesMeesho’s board has approved renaming its Indian entity, Fashnear Technologies Pvt Ltd, to Meesho Pvt Ltd, aligning corporate and brand iden...
Hot Stocks: Brokerage view on ONGC, Oil India, Delhivery, Indigo, and Prestige EstateMultiply the lease income by 7x in the next 5 years. Latter will entail $2 billion in capex and debt could treble in the interim. Success i...