India, Sept. 23 -- Meesho backer RPS Ventures sold nearly 3.9 Cr shares of ecommerce major Meesho to net Rs.899.7 Cr.

As per BSE bulk deal data, RPS' holding entity RPS WOS II LLC offloaded a total of 3.86 Cr equity shares, or around 0.8% of Meesho's total equity, in a block deal valuing each share at Rs.233. The trading price is a 1.4% discount to the stock's closing price today.

The shares that flooded the market were lapped up by the Government of Singapore (1.3 Cr shares), Mirae Asset Mutual Fund (77.2 Lakh shares) and Societe Generale (35.5 Lakh shares). Other major buyers included BNP Paribas Arbitrage, Fidelity, Citigroup, Norway's pension fund, Ghisallo Capital Management, Morgan Stanley, WhiteOak Capital Mutual Fund, among othe...