Meesho Limited
UTI Mutual Fund bought 5,783,600 shares of Meesho Limited for ₹107.57 Cr at ₹186.00 per share in a block deal. This transaction was part of a larger block deal where 10.48 crore shares, representing 2.27% of Meesho's equity, changed hands for approximately ₹1,949 crore.
An app-based marketplace that connects sellers directly with consumers across India. Meesho operates through its digital platform, offering a diverse range of product categories including fashion, accessories, electronics, home and kitchen items, health and fitness equipment, and office supplies. The company enables small businesses and individual sellers to reach customers through its technology-driven commerce ecosystem, facilitating transactions between merchants and buyers nationwide.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.