New Delhi, Oct. 19 -- Meesho has received SEBI approval to launch an IPO sized at roughly $700-800 million, combining a fresh issue and an offer-for-sale. The timing aligns with a broader wave of new-age companies tapping public markets, but the company's FY25 results, widened by restructuring costs tied to its base-flip, complicate the valuation narrative for public investors.

Meesho is looking to raise around $480 million (Rs 4,250 crore) via a fresh issue, while the offer-for-sale (OFS) component may add $250-300 million (Rs 2,200-2,600 crore). That puts the total deal size in the $700-800 million range - a large debut that will include share sales by early backers and promoters alongside fresh capital for growth.

The company reporte...