Meesho Limited Announces Additional Investment in Subsidiary Meesho Payments Private Limited
Meesho Limited has announced an additional investment in its subsidiary, Meesho Payments Private Limited (MPPL). The investment was executed through a rights issue, involving the subscription of 30,58,103 fully paid-up equity shares of Re. 1/- each.The total cost of acquisition for this investment amounts to Rs. 99,99,99,681. This consideration was calculated based on 30,58,103 equity shares, with each share priced at a premium of Rs. 326/-.
The investment in MPPL is intended to support the overall business operations and growth of the payments subsidiary. The funds are expected to facilitate the expansion of MPPL's activities, improve operational efficiency, and enable the company to effectively meet its business and regulatory needs.
Transaction and Shareholding Details
The transaction, which was completed through the allotment of equity shares on May 08, 2026, did not alter Meesho Limited's proportional ownership stake. The company will continue to maintain a 99.99% shareholding in MPPL.The following table outlines the investment details and shareholding status:
| Detail | Description |
|---|---|
| Shares Subscribed | 30,58,103 fully paid-up equity shares |
| Face Value | Re. 1/- per share |
| Total Consideration | Rs. 99,99,99,681 |
| Acquisition Premium | Rs. 326/- per share |
| Change in Shareholding | None (Company retains 99.99% shareholding) |
Profile of Meesho Payments Private Limited (MPPL)
MPPL, which was incorporated on April 25, 2019, is primarily engaged in partnering with various regulated financial institutions. Its core function involves facilitating credit services to buyers and sellers registered on the Meesho platform.Meesho Limited reported the following financial data for MPPL:
| Financial Metric | 2025-26 (Rs in Lakhs) | 2024-25 (Rs in Lakhs) |
|---|---|---|
| Turnover | 1,104.65 | 235.61 |
| Net Loss (as of March 31, 2026) | 2,471.67 | N/A |
The transaction was structured as a cash consideration, reinforcing Meesho Limited’s commitment to scaling its payments infrastructure through its subsidiary.
MEESHO Stock Price Movement
On Friday, Meesho Limited shares edged higher, closing at ₹200.02 after gaining 0.86%. The equity traded within a range of ₹193.26 to ₹202, supported by a strong volume of 34.65 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.