Company Intelligence Profile
Meesho Limited
Meesho Limited is one of India's largest value-focused e-commerce marketplaces, recently listed (2025-26 IPO), operating an asset-light platform connecting small sellers with price-sensitive consumers across Bharat.
Last updated 6 September 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Meesho Limited |
|---|---|
| CIN | U74900KA2015PLC082263 |
| PAN | AACCF6368D |
| Status |
|
| Listing |
|
| Incorporated | 13 August 2015 |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) | CIN activity code 74900 — "Other business activities n.e.c."; operationally an online retail / e-commerce marketplace platform. |
| Registered address |
|
| Authorized capital | ₹1,559.99 Crore (₹15,59,98,93,170) |
| Paid-up capital |
|
Business Overview
Confirmed- Meesho operates a horizontal, low-price online marketplace targeting value-conscious and first-time online shoppers in tier-2+ India ("Bharat")
- Asset-light model: it does not hold inventory; it connects a large base of small/unbranded sellers (including many GST-exempt small sellers) with consumers, monetising via ads and logistics/fulfilment services rather than high take-rates
- Category mix skews to fashion, home, kitchen and general merchandise
- Founded 2015 by Vidit Aatrey and Sanjeev Kumar; began as reseller/social-commerce ("Fashnear"), pivoted to a zero/low-commission marketplace
Directors & KMP
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vidit Aatrey | 07248661 | - | 22 Jun 2025 |
| Sanjeev Kumar | 07248672 | Whole-time Director | 27 Nov 2019 |
| Hari Shanker Bhartia | 00010499 | Director | - |
| Mohit Bhatnagar | 00381741 | Nominee Director | - |
| Mukul Arora | 01099294 | Nominee Director | - |
| Kimsuka Narsimhan | 02102783 | Director | - |
| Rohit Bhagat | 02968574 | Director | - |
| Surojit Chatterjee | 07439364 | Director | - |
GST & Tax Registrations
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AACCF6368D1ZI | Karnataka | AACCF6368D [Source: KnowYourGST / Masters India, derived from GSTIN 29AACCF6368D1ZI — the 'F' reflects the original 'Fashnear' name] | Active |
Primary GSTIN: 29AACCF6368D1ZI (Karnataka — home state). PAN: AACCF6368D. Registered under GST 01 July 2017; taxpayer type Regular; status Active. ~20 state GST registrations across Punjab, MP, Rajasthan, Gujarat, Kerala, Maharashtra, Delhi, West Bengal, UP, Haryana, Andhra Pradesh, Telangana, Tamil Nadu, Chhattisgarh, etc. [Source: KnowYourGST, Masters India]. NOTE: legal name on GST still shows historic "Fashnear Technologies Private Limited" — same entity as this CIN.
Financials
Partial / conflicting- CONSOLIDATED: Total income ~₹9,900.90 Cr (revenue from operations ~₹9,390 Cr per Screener)
- Net loss (PAT) ~₹(3,941.71) Cr — sharply wider than FY24's ~₹(305)–(328) Cr loss, driven by one-time exceptional items (ESOP charges + tax cost of the US-to-India reverse-flip/corporate reorganisation)
- Operating profit FY25 ~₹(578) Cr (negative)
- FY24 revenue ₹7,615 Cr (Screener)
- Net worth/equity FY25 ~₹1,445 Cr (down from ₹2,230 Cr FY24)
- Total borrowings minimal: ~₹58 Cr FY25 (₹72 Cr FY24)
- H1 FY26 revenue ₹5,858 Cr (+28.9% YoY) with losses narrowing ~72%
- CONFLICT/CAVEAT: revenue figures vary by definition (revenue from operations ~₹9,390 Cr vs total income ~₹9,901 Cr)
- FY25 loss inflated by non-recurring reorganisation charges
Funding History
Confirmed- Private funding ~US$1.36B across ~12 rounds from ~42 investors before IPO
- Milestones: Series E Apr 2021 — $300M led by SoftBank Vision Fund 2 (~$2.1B valuation)
- Series F Sep 2021 — $570M co-led by Fidelity and B Capital (~$4.9B valuation)
- 2024 — ~$275M from existing investors (SoftBank, Prosus, Elevation Capital, Peak XV)
- Jan 2025 — round led by Tiger Global, Think Investments, Mars Growth Capital at a reset ~$3.9B valuation
- IPO Dec 2025 raised ~₹5,421 Cr (updated RHP), fresh + OFS, priced ₹111/share, ~79x oversubscribed
In the News
ConfirmedRentomojo’s valuation jump; SoftBank’s Meesho windfall
The Economic Times · 13 days ago
Japanese investment group SoftBank unit sells 1.73% Meesho stake for Rs 1,650.4 crore in block deal
Indian Startup News · 13 days ago
Meesho shares rise more than 3 per cent on strong demand post SoftBank's Rs 1,650 crore stake sale
Mid-Day · 13 days ago
Meesho's stock gains over 3% as investors absorbs SoftBank's ₹1,650 cr stake sale
BusinessLine · 13 days ago
Meesho's Stock Gains Over 3% As Investors Absorbs Softbank's ₹1,650 Cr Stake Sale
outlookbusiness.com · 13 days ago
Headlines about Meesho Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 10 days ago.
Source: Google News aggregated headlines
Charges & Borrowings
Partial / conflicting- Total borrowings low at ~₹58 Cr (FY25) / ₹72 Cr (FY24) [Screener]
- Detailed MCA charge register (charge holders/amounts) is behind paywall on Falconebiz (Gold membership) — not obtained
- Marked partial
Legal / Litigation
Confirmed- Company (as "Fashnear Technologies Private Limited") is an active plaintiff enforcing its brand: Fashnear Technologies Pvt Ltd vs Meesho Online Shopping Pvt Ltd & Anr — trademark/copyright infringement & domain-blocking suit, Delhi High Court CS(COMM) 475/2022, with orders across 20 Jul 2022, 15 Apr 2024, 15 Feb 2025, 31 May 2025 and into 2026 (ongoing, anti-impersonation)
- Also Abhi Traders vs Fashnear Technologies Private Limited
Competitors
ConfirmedFrequently Asked Questions
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