India, Jan. 7 -- The company operates an app-based marketplace that connects sellers with end consumers, offering products across categories such as fashion, electronics, home and kitchen, health and fitness, and office supplies is now in the spotlight after it hit 5% lower circuit in today's market session.

With a market capitalisation of Rs. 78,167 cr, the shares of Meesho Ltd are currently at Rs. 173.20 per share, locked at 5% lower circuit in today's trading session, from its previous close of Rs. 182.30 per share.

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Shares of newly listed e-commerce company Meesho came under pressure as the one-month shareholder lock-in expired on January 7, leading to a decline of up to 5% intraday.

With the lock-in ending, about 1...