Meesho Ltd. share price target

Democratizing e-commerce for the value-conscious Indian consumer

IPO Note - Meesho Limited Meesho Ltd is a multi-sided technology platform driving e-commerce in India by uniting four key stakeholdersconsumers, sellers, logistics partners, and content creators

Meesho's order frequency stood at 9.7x in FY25 and grew at CAGR of 34% over FY23-25. Its net merchandise value (NMV) grew by at CAGR of 25% over the same period. NMV growth is lower compared to order growth due...

Payment of salaries of existing and replacement hires for the Machine Learning and AI teams' development undertaken by MTPL. Investment in MTPL, for expenditure towards marketing and brand initiatives...

Company is a multi-sided technology platform driving ecommerce in India by bringing together four key stakeholders consumers, sellers, logistics partners and content creators. Company's e-commerce marketplace, that it operate under the brand name Meesho, emerged as India's largest in terms of number of Placed Orders and Annual Transacting Users among e-commerce players in India in the last twelve months period...

Founded in 2015, Meesho has rapidly evolved into one of India's fastestgrowing e-commerce platforms, operating a multi-sided marketplace connecting consumers, independent sellers, logistics partners, and content creators. Built on a low-cost, high-volume operating model, the company has become a dominant player in the value-focused online...

Meesho is a multi-sided technology platform that connects consumers, sellers, logistics partners and content creators. It is India's largest e commerce marketplace by Placed Orders and Annual Transacting Users and is built on an Everyday Low Prices model instead of event led discounting. Market share is strong with about 21 to 23% in Fashion, 23 to 25% in Home, Kitchen and Furnishings, and 8 to 10% in Beauty and Personal Care on a GMV basis. Scale is visible in 153.72 mn daily active product listings, 234.2 mn annual transacting users, 2,270.95 mn orders and 706,471 annual transacting sellers in LTM Sep 2025. Meesho is supported by a deep logistics...

Meesho Ltd (Meesho) is a multi-sided technology platform driving ecommerce in India by bringing together key stakeholders like consumers, sellers, logistic partners and content creators. It operates through two distinct verticals, a) Marketplace, a technology platform connecting consumers, sellers, logistics partners, and content creators, and b) New Initiatives, which includes low-cost local logistics network for daily essentials and a digital financial services platform. The company's marketplace Meesho' has emerged as one of India's largest online marketplaces in terms of placed orders and annual transacting customers as of TTM Sep'25. The company was able to...

IPO NOTE