SoftBank, through its affiliate or special purpose vehicle SVF II Meerkat (DE) LLC, sold shares worth over Rs 1,885 crore in Meesho through open-market transactions on November 13.
According to block deal data published by the National Stock Exchange (NSE), SVF II Meerkat sold 7.64 crore equity shares, representing a 1.65 percent stake in the company, for Rs 1,885.17 crore. The sale was against its total shareholding of 6.84 percent as of September 2026.
The shares were picked up by 16 global and domestic institutional investors at Rs 246.75 apiece.
Fidelity Investments emerged as the biggest buyer, acquiring 2.32 crore equity shares, equivalent to a 0.5 percent stake in the Bengaluru-headquartered e-commerce company, for Rs 573.07 crore through eight of its schemes. This was in addition to 1.17 percent stake already held by Fidelity as of September 2026.
This was followed by Societe Generale, which purchased 1.47 crore equity shares worth Rs 364.64 crore.