Meesho Block Deal: Monday, November 16, is going to be a very important day for investors of e-commerce platform Meesho. Shares of Meesho may see big swings when the stock market opens early in the week. There is a great deal behind this potential movement. Japan’s SoftBank Group, one of the company’s major investors, has sold millions of Meisho shares in the open market. On one hand, SoftBank has reduced its stake, on the other hand, many large funds around the world have directly bought these shares.
At what price did Softbank sell its shares?
A complete picture of this mega deal is clear from the National Stock Exchange (NSE) block deal data. SoftBank sold its 1.65 percent stake in Meesho through its subsidiary ‘SVF II Meerkat (DE) LLC’. The total value of the entire deal was Rs 1,885.17 crore. Under the deal, the SoftBank unit has sold a total of 7.64 crore shares of Meesho at an average price of Rs 246.75 per share.
With this big sale, SoftBank’s investment in India’s e-commerce sector has decreased slightly. Prior to this deal, SVF II Meerkat (DE) LLC’s total stake in Meesho was 6.84 percent, which has now reduced to 5.19 percent.
Societe Generale becomes the largest buyer
When Softbank launched such a large number of shares in the market, long queues of local and foreign institutional investors formed to buy them. The largest buyer in this block deal was financial services company ‘Society General’. This company itself Rs. At a cost of 364.65 crores, Meesho has acquired more than 1.47 crore shares in his name.
On the domestic front, apart from Indian mutual funds, insurance companies also reposed a lot of faith in Meesho. Major Indian buyers include mutual funds managed by HDFC, Motilal Oswal, Edelweiss, Aditya Birla Sun Life. Apart from this, Bajaj Life Insurance has also bought a stake in this deal.
From foreign giants to government funds, the money stayed
Not only Indians but also major financial institutions of the world showed keen interest in this block deal. The list of foreign buyers includes big names like Morgan Stanley, Goldman Sachs, Fidelity Investments, BNP Paribas, Ghisolo Capital Management, William Blair Investment Management, along with Texas Municipal Retirement System. The most special thing about this deal is that the government institutions of the two countries have also invested in it. Apart from the Government of Singapore and the Monetary Authority of Singapore, Norway’s sovereign wealth fund ‘Government Pension Fund Global’ has also bought shares of Meesho.
Misha’s journey so far in the stock market
Meesho entered the stock market in December 2025. At that time the company was Rs. 5,421.20 crore in IPO. The stock has been giving good returns to investors since its listing. The stock has seen an increase of more than 40 percent so far in the year 2026. If we look at the record of the last 3 months, there has been a jump of more than 30 percent.
Currently, the share price of Meesho is Rs 257.15 on the Bombay Stock Exchange (BSE). It may be noted that Softbank’s block deal was done at a slightly lower price than the current market price i.e. Rs. was made at 246.75. With a face value of Rs 1, the company is included in the BSE 200 index. Today its total market cap has reached 1.19 lakh crore rupees.
The company’s losses are falling rapidly
The company’s improving financial results are also the main reason behind the strength seen in the stock. Meesho has made major strides in reducing its losses in the July-September 2026 quarter. Year-on-year, the company’s net consolidated loss fell by nearly 68 percent to just Rs. 132.44 crores. In the same quarter exactly a year ago, this loss was Rs. 411.3 crore was at a huge level.
The company’s earnings have also increased significantly with a reduction in losses. In the September 2026 quarter, consolidated income from operations rose 34.4 percent to Rs. 4,131.58 crore, which in the September 2025 quarter was Rs. 3,073.67 crores. Now, when the market opens on Monday, it will be interesting to see whether investors react to SoftBank’s sell-off or look to the big giants’ buying and inject renewed enthusiasm into the stock.
