SVF II Meerkat sells 7,64,00,000 Meesho shares in NSE block deal at Rs 246.75

SVF II Meerkat (DE) LLC sold 7,64,00,000 shares of Meesho Limited in a block deal on the National Stock Exchange (NSE) on 13 November 2026, according to the exchange's block deal data. All the shares changed hands at Rs 246.75 each. NSE's bulk deal list for the same day records the same sale, of 7,64,00,000 shares at Rs 246.75.

What Happened

NSE's block deal data for 13 November lists SVF II Meerkat (DE) LLC as the only seller of Meesho shares. Meesho's updated draft red herring prospectus names SVF II Meerkat (DE) LLC as a party to the company's shareholders' agreement.

More than 20 buyers took the shares, all at Rs 246.75. The largest single purchase listed was by Societe Generale, which bought 1,47,78,000 shares. Morgan Stanley Asia Singapore Pte appears twice, with purchases of 41,99,000 and 57,25,000 shares, and several Fidelity funds are also on the list.

Indian mutual funds were among the buyers: Motilal Oswal Mutual Fund bought 52,50,000 shares and Aditya Birla Sun Life Mutual Fund bought 42,00,000 shares. HDFC Mutual Fund, Edelweiss Mutual Fund and Bajaj Allianz Life Insurance Company Limited also bought shares. Other buyers listed include the Government of Singapore, the Monetary Authority of Singapore, Norges Bank on account of the Government Pension Fund Global, Goldman Sachs Bank Europe SE and BNP Paribas Financial Markets.

What It Means

For Meesho's shareholders, the deal moved 7,64,00,000 shares from one holder to many buyers, among them domestic mutual funds, a life insurer and foreign funds. Every trade in the block deal list was done at the same price, Rs 246.75 a share.

The exchange data gives only the date, the company, the names of the buyers and the seller, the quantities and the price. It does not give the seller's reasons for the sale, the seller's remaining holding in Meesho, or what the buyers plan to do with the shares.

Source: NSE block deals data, 13 November 2026