Meesho Shares Climb 2% Following Rs 1,540 Crore Block Deal

Shares of $MEESHO td advanced around 2% in early morning trade on Wednesday, buoyed by a significant block deal and positive analyst coverage from global brokerage Jefferies. The e-commerce platform's stock was trading near Rs 170 levels, reflecting a gain of approximately 53% since its initial public offering (IPO) price of Rs 111 in December 2025. The block deal involved roughly 9.3 crore shares — about 2% of the company's equity — changing hands for around Rs 1,540 crore. This transaction arrives just one day after the expiry of the six-month lock-in period on a substantial portion of pre-IPO holdings. According to market data, nearly 68% of Meesho’s outstanding equity became eligible for trading on June 10. While lock-in expiries often raise concerns about potential selling pressure, they do not always translate into immediate large-scale divestments by investors