Meesho's ₹7,000 crore IPO plan is reigniting the Bharat-commerce debate. Retail investors are weighing Meesho against the high-valuation chatter around Lenskart [1].
Meesho IPO plan — Meesho plans to raise ₹7,000 crore, with ₹4,250 crore as a fresh issue to fund tech, logistics (Valmo), and regional marketing [1].
Its business leans on discovery — over 70% of sales come from discovery, not search; there’s 0% seller commission; FY25 revenue around ₹9,390 crore; positive cash flow ₹539 crore; about 5.75 lakh small sellers [1].
Bharat-commerce thesis — Critics warn cheap prices can attract fickle users and quality headaches, while supporters call Meesho a pure Bharat-commerce play: low-cost, high-volume, deeply local [1].
Lenskart valuation debate — Lenskart IPO valuation has sparked questions about mutual-fund discipline, with chatter that the price is overpriced for eyewear with single-digit margins [2].
Discussions flag eye-popping multiples — roughly 230x PE in some threads — and Peyush Bansal is linked to the valuation debate in post 3 [2][3].
Together, the posts map a clash: bold Bharat-commerce optimism versus valuation risk that could test fund managers' discipline. Meesho's IPO appetite, seen today, will hint at the next phase for Indian IPOs. [1][2][3]
References
Meesho IPO: India’s Bazaar Goes Public
Meesho IPO plans ₹7,000 crore; highlights Bharat-commerce model, tier-2+ markets, margins and pricing
View sourceValuation defies logic - Lenskart IPO raises serious questions for mutual fund manager’s discipline
Lenskart IPO overpriced; funds' discipline questioned; comparisons with Zomato/Eternal; debate over valuations and anchor-investor practices retail investors' exposure discussed too
View sourcePeyush Bansal regarding Lenskart IPO Valuation
Discusses Lenskart IPO valuation; criticizes overvaluation; mentions mutual funds; retail investor concerns; market bias; regulatory watch and AMCs investment hype.
View source