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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.

CIN: U74900KA2015PLC082263Active — recently converted to a listed public company. The target CIN U74900KA2015PLC082263 (unlisted public) was re-numbered to L74900KA2015PLC082263 upon NSE/BSE listing in Feb 2026.RoC-Bangalore (Karnataka) [Source: TheCompanyCheck, Falconebiz]Confidence: high
AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Confirmed
Registered nameMeesho Limited
CINU74900KA2015PLC082263
PANAACCF6368D [Source: KnowYourGST / Masters India, derived from GSTIN 29AACCF6368D1ZI — the 'F' reflects the original 'Fashnear' name]
StatusActive — recently converted to a listed public company. The target CIN U74900KA2015PLC082263 (unlisted public) was re-numbered to L74900KA2015PLC082263 upon NSE/BSE listing in Feb 2026.
ListingYes — listed on NSE/BSE following its December 2025 IPO (issue price ₹111/share; final CIN prefix changed from 'U' to 'L' effective ~17 Feb 2026). Ticker referenced as MEESHO. [Source: Screener, medianama RHP filing, NSE intimation]
Incorporated13 August 2015 [Source: TheCompanyCheck, Falconebiz]
ROCRoC-Bangalore (Karnataka) [Source: TheCompanyCheck, Falconebiz]
Sector (NIC)CIN activity code 74900 — "Other business activities n.e.c."; operationally an online retail / e-commerce marketplace platform. [Source: Falconebiz]
Registered address3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village, Varthur Hobli, Outer Ring Road, Bellandur, Bangalore South, Karnataka 560103 [Source: TheCompanyCheck, Falconebiz]. NOTE conflict: GST records list "Vaishnavi Signature, No. 78/9, Outer Ring Road, Bellandur Village, Varthur Hobli, Bangalore 560103" [KnowYourGST].
Authorized capital₹1,559.99 Crore (₹15,59,98,93,170) [Source: Falconebiz, TheCompanyCheck agree]
Paid-up capital₹460.87 Crore (₹4,60,86,60,851) per Falconebiz (latest). CONFLICT: TheCompanyCheck shows ₹413.02 Crore (older figure pre-recent allotments). Marked partial.

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. [Source: Wikipedia, IPO notes, The Arc]

Directors & KMP

Confirmed
NameDINRoleAppointed
Vidit Aatrey07248661CEO/MD, appt 22 Jun 202522 Jun 2025
Sanjeev Kumar07248672Whole-time Director, appt 27 Nov 201927 Nov 2019
Hari Shanker Bhartia00010499Director, 16 Jun 2025-
Mohit Bhatnagar00381741Nominee Director, 16 Jun 2025-
Mukul Arora01099294Nominee Director, 4 Jun 2025-
Kimsuka Narsimhan02102783Director, 22 Jun 2025-
Rohit Bhagat02968574Director, 16 Jun 2025-
Surojit Chatterjee07439364Director, 16 Jun 2025. Rahul Bhardwaj DIN/ID 09196992; Company Secretary, 23 May 2025. Board largely reconstituted mid-2025 ahead of IPO. [Source: Falconebiz]-

GST & Tax Registrations

Confirmed
GSTINStatePANStatus
29AACCF6368D1ZIKarnatakaAACCF6368D [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 (per RHP, FY ending 31 Mar 2025): 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%. [Sources: Screener (consolidated), medianama/ICICIdirect RHP notes]
  • 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. [Sources: Inc42, Entrepreneur, Tracxn (round names), the-captable, medianama]

Shareholding

Confirmed
  • Post-IPO pattern (as of Jun 2026, Screener): Promoters/promoter group 16.41%, FIIs 5.19%, DIIs 9.14%, Public/others 69.26%
  • Professionally-managed profile with relatively low founder/promoter holding
  • major pre-IPO institutional backers (SoftBank, Prosus, Elevation, Peak XV, Tiger Global, Fidelity, B Capital) hold via public/FII category. [Source: Screener]

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

Competitors

Confirmed
  • Flipkart/Shopsy (Walmart) — large
  • Amazon India — large
  • Reliance JioMart/Ajio — large
  • Snapdeal — mid
  • Myntra (Flipkart) — mid
  • DealShare/CityMall — small

Frequently Asked Questions

What does Meesho Limited do?
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.
What is the CIN of Meesho Limited?
The Corporate Identification Number (CIN) of Meesho Limited is U74900KA2015PLC082263.
Where is Meesho Limited registered?
Meesho Limited is registered with RoC-Bangalore (Karnataka) [Source: TheCompanyCheck, Falconebiz]. Registered address: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village, Varthur Hobli, Outer Ring Road, Bellandur, Bangalore South, Karnataka 560103 [Source: TheCompanyCheck, Falconebiz]. NOTE conflict: GST records list "Vaishnavi Signature, No. 78/9, Outer Ring Road, Bellandur Village, Varthur Hobli, Bangalore 560103" [KnowYourGST]..

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.