Meesho approves ₹18.74 crore rights issue
Meesho (NSE: MEESHO) said it has approved rights issue of ₹18.74 crore. The company is valued at about ₹1.05 lakh crore.
What happened
Meesho (NSE: MEESHO) informed the stock exchanges on 28 October 2026 at 09:03 PM that it has approved rights issue of ₹18.74 crore.
How big is it?
At ₹18.74 crore, the issue is equal to about 0.0% of the company's market value of ₹1.05 lakh crore.
Company snapshot
Meesho is a large-cap company in the Consumer Services sector, with a market value of about ₹1.05 lakh crore.
The stock last traded at ₹227.8, against a 52-week range of ₹125.6–₹254.4 (10.4% below the high).
Before this filing the shares had moved −7.7% over the month and +18.4% over three months. Average daily turnover over the last 20 sessions was about ₹440 crore.
Promoters held 16.41% at the end of Q1 FY27, down 0.16% points from the previous quarter. Foreign institutions owned 5.19% and domestic institutions 9.14%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q3 FY26 | 3,518 | -490.7 | -1.14 |
| Q4 FY26 | 3,531 | -166.3 | -0.36 |
| Q1 FY27 | 3,713 | -132.8 | -0.28 |
What history shows
BCEIE has no earlier fund raising filing from this company on record since May 2026.
Across 25 similar disclosures by other Consumer Services companies, shares moved −0.1% on average the next day and −0.5% over five days; 36% of them rose the next day.
Market-wide, 1,662 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 28 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
- India's Ecommerce Platforms See Festive Surge As Amazon, Flipkart, Meesho And Myntra Report Strong Demand
- Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending rises
- Meesho AI Is Changing How Small-City India Shops
- Surojit Chatterjee steps down as Ind. Director, Meesho Ltd
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.