Meesho Limited’s Initial Public Offering to open on Wednesday, December 3, 2025

Meesho Limited  proposes to open the initial public offering  of its equity shares of face value ₹1 each (“Equity Shares”) on Wednesday, December 3, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Tuesday, December 2, 2025. The Bid/Offer Closing Date is Friday, December 5, 2025.

The Price Band of the Offer has been fixed from ₹105 per Equity Share of face value ₹1 each to ₹111 per Equity Share of face value of ₹1 each. Bids can be made for a minimum of 135 Equity Shares of face value ₹1 each and multiples of 135 Equity Shares of face value ₹1 each thereafter.

The Offer comprises a fresh issue of Equity Shares aggregating up to ₹42,500 million (the “Fresh Issue”) and an Offer for Sale of up to 105,513,839  Equity Shares by certain existing shareholders including Vidit Aatrey and Sanjeev Kumar(together the “Promoter Selling Shareholders”),  Elevation Capital V Limited, Peak XV Partners Investments V, Venture Highway Series 1, a Series of Venture Highway SPVs LLC),  Golden Summit Limited, Y Combinator Continuity Holdings I LLC,Sarin Family India LLC, Crimsn Holdings, LLC, Titan Patriot Fund Ltd and Gemini Investments L.P. (together the “Corporate Selling Shareholders”), Man Hay Tam and Rajul Garg (together the “Individual Selling Shareholders”, and collectively with the Promoter Selling Shareholders and the Corporate Selling Shareholders, the “Selling Shareholders”)

The Offer is being made in accordance with Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (“SCRR”) read with  Regulation 31 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”). The Offer is being made through the Book Building Process in accordance with Regulation 6(2) of the SEBI ICDR Regulations, wherein in terms of Regulation 32(2) of the SEBI ICDR Regulations, not less than 75% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIB Portion”). The Company, in consultation with the Book Running Lead Managers (“BRLMs”), may allocate up to 60% of the QIB Portion to Anchor Investors (“Anchor Investor Portion”) on a discretionary basis, of which one-third shall be reserved for domestic Mutual Funds, subject to valid bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price.

Further, not more than 15% of the Offer shall be available for allocation to Non-Institutional Investors (“Non-Institutional Portion”) and not more than 10% to Retail Individual Investors.The Equity Shares are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”). For the purposes of the Offer, NSE shall be the Designated Stock Exchange.

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