{"id":113924,"date":"2026-06-11T11:35:27","date_gmt":"2026-06-11T06:05:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=113924"},"modified":"2026-06-11T11:35:29","modified_gmt":"2026-06-11T06:05:29","slug":"meesho-share-price-fidelity-block-deal-jefferies","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/meesho-share-price-fidelity-block-deal-jefferies\/","title":{"rendered":"Meesho Share Price Rises as Fidelity Divests 1.3% Stake for Rs 988 Crore and Jefferies Initiates Buy With Rs 225 Target Price"},"content":{"rendered":"
<\/div>\n

Meesho share price: Rs 168.40 (+1.41%). Open Rs 164.85, High Rs 169.10, Low Rs 164.38. Fidelity block deal: 5.98 crore shares (1.31% equity), Rs 165.18-165.21\/share = Rs 988.15 Cr. Lock-in expired June 9, 2026. Jefferies: Buy, TP Rs 225 (+33.6%). IPO price Rs 111 (Dec 2025). Q4 FY26 net loss Rs 166.34 crore (narrowing). CMP +51.7% from IPO price.<\/em><\/p>\n

The Meesho<\/a> share price<\/strong> gained 1.41% to Rs 168.40 on Thursday, June 11, 2026, demonstrating resilience despite Fidelity Investments divesting a 1.31% stake worth Rs 988.15 crore in open market transactions on June 10. The Meesho share price<\/strong> stability reflects two supportive factors: the Fidelity exit was anticipated following the June 9, 2026 expiry of the 6-month post-IPO lock-in period, and Jefferies has initiated coverage with a Buy rating and a target price of Rs 225, providing institutional demand as a counterweight to the supply from Fidelity’s exit. Fidelity conducted the sale through affiliates FID FDI 2117 LLC and FID FDI 312 LLC at a tight price range of Rs 165.18-165.21, reflecting disciplined institutional execution that avoided unnecessary downward price pressure on the Meesho share price<\/strong>.<\/p>\n

Click Here – Get Free Research From Univest<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n