Fidelity trims Meesho stake, raises ₹988 crore in NSE bulk deal at ₹165/share

Fidelity Investments sold a 1.31% stake in Bengaluru-based Meesho for ₹988 crore via open-market bulk deals at ₹165.18-165.21/share. The exit follows Meesho's narrowed Q4 net loss of ₹166.34 crore and 47.13% revenue growth to ₹3,531.21 crore.

— Source publishedWed, 10 Jun, 2026, 23:19 IST·First seen Wed, 10 Jun, 2026, 23:31 IST·Source Business Standard · Companies

What happened

Fidelity Investments sold a 1.31% stake in e-commerce firm Meesho for ₹988 crore via open market bulk deals on NSE at ₹165 per share, following Meesho's

Key facts

  • 1.3% stake
  • ₹988 crore
  • 5,98,16,300 shares
  • ₹165.18-165.21/share
  • Q4 net loss ₹166.34 cr
  • Q4 revenue ₹3,531.21 cr (+47.13%)

Why this matters

A 1.3% block clearing cleanly at minimal discount confirms deep liquidity for Indian e-commerce paper, opening the window for secondary exits and strategic stake rotations across the cohort.