Meesho Block Deal: SoftBank Likely to Sell 1.5% Stake at ₹205 Per Share for ₹1,435 Crore
Key Takeaways
- •SoftBank is likely to sell a 1.5% stake in Meesho through a block deal at ₹205 per share, worth approximately ₹1,435 crore, according to a CNBC-TV18 report.
- •The block price of ₹205 is at a discount to Meesho's latest closing price, a common practice in large secondary sales to attract institutional demand.
- •SoftBank, via its Vision Fund, has been a prominent investor in Meesho and has been trimming its holdings in Indian portfolio companies in recent years.
- •Meesho, a Bengaluru-based e-commerce marketplace operator, listed on Indian stock exchanges in 2025 following its IPO.
- •On the day of the report, Meesho shares closed at ₹211.70 on the BSE, up 3.12%.
SoftBank is likely to sell a 1.5% stake in Meesho Ltd through a block deal at a price of ₹205 per share, a transaction that would fetch approximately ₹1,435 crore, according to a CNBC-TV18 report.
Block deals of this kind are typically executed on the stock exchange through a single-window mechanism, allowing large shareholders to offload sizeable positions to institutional buyers. The indicated block price of ₹205 represents a discount to the stock's latest closing level, a common feature of such large secondary sales as sellers price the trade to attract institutional demand.
SoftBank, through its Vision Fund, has been one of the prominent investors in Meesho, a Bengaluru-based e-commerce company that operates an online marketplace serving buyers and sellers across India. Meesho listed on the stock exchanges in 2025 after its initial public offering, and SoftBank has been trimming its holding in Indian portfolio companies over recent years as part of broader portfolio adjustments.
On the day of the report, shares of Meesho Ltd ended at ₹211.70 on the BSE, up by ₹6.40, or 3.12%.
For further details, see the original report: Meesho Block Deal: SoftBank likely to sell 1.5% stake at ₹205/share for ₹1,435 crore.
