Mutual Funds Raise Meesho Bets As Early Foreign Investors Trim Stakes

Domestic institutional investors increased their exposure to Meesho in the first quarter of FY27, offsetting stake sales by several early foreign backers after the ecommerce company’s post-IPO lock-in period ended. According to the ecommerce major’s shareholding pattern for the quarter ended June, foreign company holdings (excluding FPIs and foreign nationals) declined to 62.05% of the diluted share capital from 65.51% at the end of March. During the quarter, 17 foreign companies exited the comp