The day of Monday, November 16, is going to be very crucial for the investors of e-commerce platform Meesho. As the stock market opens at the beginning of the week, major fluctuations can be seen in Meesho stock. Behind this potential movement is a massive deal. Japan's SoftBank Group, one of the major investors in the company, has sold crores of shares of Meesho in the open market. While SoftBank has reduced its stake on one hand, several major global funds have eagerly bought these shares on the other.
At What Price SoftBank Sold Its Shares
The block deal data of the National Stock Exchange paints a clear picture of this massive transaction. 65 percent stake in Meesho through its affiliate company SVF II Meerkat DE LLC. 17 crore rupees. 75 rupees per share.
With this massive stake sale, SoftBank's investment in India's e-commerce sector has reduced slightly. 19 percent.
Societe Generale Emerges as the Biggest Buyer
When SoftBank offloaded such a huge number of shares in the market, a long queue of domestic as well as foreign institutional investors lined up to buy them. Financial services company Societe Generale remained the biggest buyer in this block deal. 47 crore shares of Meesho in its name.
On the domestic front, apart from Indian mutual funds, insurance companies also showed immense trust in Meesho, while major Indian buyers included mutual funds managed by HDFC, Motilal Oswal, Edelweiss, and Aditya Birla Sun Life. Apart from these, Bajaj Life Insurance also bought a stake in this deal.
From Global Giants to Government Funds Invested Money
Not just Indians, but major financial institutions from around the world also showed deep interest in this block deal. The list of foreign buyers includes big names like Morgan Stanley, Goldman Sachs, Fidelity Investments, BNP Paribas, Ghisallo Capital Management, William Blair Investment Management, along with the Texas Municipal Retirement System. The most special feature of this deal was that government institutions of two countries also invested money in it. Apart from the Government of Singapore, the Monetary Authority of Singapore, Norway's government wealth fund Government Pension Fund Global also bought shares of Meesho.
Meesho's Journey So Far in the Stock Market
Meesho had stepped into the stock market in December 2025.20 crore rupees. Ever since listing, this stock has been giving good returns to investors. So far in the year 2026, this share has shown a surge of more than 40 percent. If we look at the record of just the last 3 months, it has seen a jump of more than 30 percent.
15 rupees. 75 rupees, which is slightly lower than the current market price. This company with a face value of 1 rupee is included in the BSE 200 index. 19 lakh crore rupees.
Company's Losses Reducing Rapidly
A major reason behind this strength seen in the shares is the improving financial results of the company. In the July-September 2026 quarter, Meesho has achieved major success in reducing its losses. 44 crore rupees. 30 crore rupees.
Along with the reduction in losses, the company's revenue has also witnessed a sharp surge, while 67 crore rupees in the September 2025 quarter. Now when the market opens on Monday, it will be interesting to see whether investors react to SoftBank's sell-off or infuse fresh enthusiasm into the stock by looking at the purchases made by major giants.