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
Meesho Limited is one of India's largest value-focused e-commerce marketplaces, connecting small sellers with price-sensitive consumers across tier-2 and beyond India on an asset-light, low-commission model. Founded in 2015, the company reported revenue from operations of approximately Rs 9,390 Cr in FY25 and Rs 5,858 Cr in H1 FY26, up 28.9% year on year. Meesho listed on NSE and BSE in February 2026 following a December 2025 IPO that raised approximately Rs 5,421 Cr and was oversubscribed around 79 times.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Meesho
Deeper analysis, financial signals and peer comparisons.
Company Identity
| 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
- 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
| 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
| 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
- 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
- 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
Rentomojo’s valuation jump; SoftBank’s Meesho windfall
The Economic Times · 2 months ago
Japanese investment group SoftBank unit sells 1.73% Meesho stake for Rs 1,650.4 crore in block deal
Indian Startup News · 2 months ago
Meesho shares rise more than 3 per cent on strong demand post SoftBank's Rs 1,650 crore stake sale
Mid-Day · 2 months ago
Meesho's stock gains over 3% as investors absorbs SoftBank's ₹1,650 cr stake sale
BusinessLine · 2 months ago
Meesho's Stock Gains Over 3% As Investors Absorbs Softbank's ₹1,650 Cr Stake Sale
outlookbusiness.com · 2 months ago
Headlines about Meesho Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges & Borrowings
- 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
- 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
Frequently Asked Questions
What does Meesho Limited do?
What is the CIN of Meesho Limited?
Where is Meesho Limited registered?
Recur Market
Which lenders fit a company like Meesho Limited?
Answer a few questions about your business and see which banks and NBFCs match, with indicative rates.
More on Recur Club
Recently added companies
Lenders on Recur Club
Explore on Recur Club
More from Recur Club
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.