Fidelity exits Rs 988 Cr Meesho stake in post-lockup block deal
Fidelity Investments offloaded 5.98 crore Meesho shares (1.31% stake) at Rs 165.2 per share through a block deal following lock-in expiry. The exit comes as Meesho posts Rs 3,531 Cr Q4FY26 revenue (+47% YoY) with losses narrowing 88%, against a Rs 77,090 Cr market cap.
What happened
Fidelity sold Rs 988 crore worth of Meesho shares (1.31% stake) via block deal post lock-in expiry. Meesho's Q4FY26 revenue grew 47% YoY to Rs 3,531 crore with
Key facts
- Rs 988 crore
- 5.98 crore shares
- 1.31% stake
- Rs 165.2 per share
- Rs 3,531 crore Q4 revenue
- 47% YoY growth
- Rs 166 crore loss
- Rs 77,090 crore market cap
Why this matters
Post-lockup supply overhangs at Rs 77,090 Cr market cap reset comparable valuation benchmarks for Indian e-commerce M&A and create a window to engage secondary buyers or strategic partners while public-market sentiment recalibrates.
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