Meesho IPO Fund Utilization Report for Q3 FY27

Meesho Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, detailing the utilization of funds raised through its Initial Public Offer (IPO). The report, issued by CRISIL Ratings Limited, confirms that the utilization of IPO proceeds is in line with the stated objects. The net proceeds from the IPO amounted to ₹41,021.26 million, with gross proceeds of ₹42,500.00 million. A minor revision in net proceeds occurred due to actual issue expenses being slightly higher than estimated. The report indicates no deviation from the IPO's intended use of funds.