<ul data-eligibleForWebStory="false"><li>Meesho, a Prosus-backed e-commerce platform, has confidentially filed draft papers for its IPO, aiming to raise up to Rs 4,250 crore through a primary share issuance.</li><li>The company plans to offer existing investors a stake sale opportunity and undertake a private placement of equity shares to selected investors.</li><li>Meesho's confidential filing is part of a growing trend of companies opting for a pre-filed confidential route before releasing a draft red herring prospectus (DRHP) for the IPO.</li><li>The IPO move follows Meesho's recent shift of domicile to India as it prepares for a public listing, with shareholders approving Vidit Aatrey as the chairman, managing director, and chief executive of the firm.</li></ul>

Meesho IPO: SoftBank-Backed E-Commerce Platform Confidentially Files Draft Papers

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