Meesho surges on incorporating Wholly Owned Subsidiary
Meesho is currently trading at Rs. 172.70, up by 4.45 points or 2.64% from its previous closing of Rs. 168.25 on the BSE.
The scrip opened at Rs. 167.40 and has touched a high and low of Rs. 173.85 and Rs. 165.80 respectively. So far 119203 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 254.65 on 18-Dec-2025 and a 52 week low of Rs. 153.95 on 12-Dec-2025.
Last one week high and low of the scrip stood at Rs. 173.85 and Rs. 161.50 respectively. The current market cap of the company is Rs. 77039.15 crore.
The promoters holding in the company stood at 16.76%, while Institutions and Non-Institutions held 8.20% and 75.04% respectively.
Meesho has incorporated Wholly Owned Subsidiary of the Company in the name of ‘Valmo Transportation’. The main objects of the Valmo inter- alia include engaging in the business of logistics service provider for the movement of goods and undertake activities relating to loading, unloading, in-transit storage, handling and trans-shipment of goods through third-party service providers, as incidental or ancillary to transportation service. Valmo is incorporated under the Companies Act, 2013 on January 28, 2026, and it is yet to start commercial operations.
Meesho is a multi-sided technology platform driving e-commerce in India by connecting four key stakeholders: consumers, sellers, logistics partners, and content creators. Its value-focused ecommerce marketplace serves consumers from diverse income backgrounds across India by offering 'Everyday Low Prices'.
