Meesho Limited

Meesho Limited

Mainboard

₹14,985 / 135 Shares

Exp. Premium:39-40(35.14%)
Offer Date:Dec 3, 2025 - Dec 5, 2025
Share

IPO Live Subscription Details

CategorySubscription (Times)
Date
05 Dec 2025, 05:57 PM
QIBs
123.34 times
NII
39.85 times
Retail
19.89 times
Total
81.76 times

Meesho Limited IPO Details

The Meesho Limited IPO price band is set between ₹105-111 per equity share, with a face value of ₹1 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 3 Dec, 2025 and closes on 5 Dec, 2025. Investors can check the allotment status on 8 Dec, 2025, while the listing date is tentatively scheduled for 10 Dec, 2025.

The total issue size is 48,83,96,721 shares, aggregating up to ₹5421.2 crore. Stay tuned for the latest Meesho Limited IPO review and GMP updates.

Meesho Limited IPO Review, Rating & Analysis

Meesho Limited IPO Review

May Apply

Meesho Limited IPO Rating

Meesho Limited IPO Highlights

IPO Date

Dec 3, 2025 - Dec 5, 2025

Listing Date

10 Dec, 2025

Face Value

₹1 Per Equity Share

Price Band

₹105-111 per equity share

Lot Size

135 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Meesho Limited IPO Lot Size

The minimum market lot for Meesho Limited IPO is 135 shares with an application amount of ₹14,985. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)1135₹14,985
Retail (Max)131755₹1,94,805
S-HNI (Min)141890₹2,09,790
S-HNI (Max)668910₹9,89,010
B-HNI (Min)679045₹10,03,995

Meesho Limited IPO Timeline

IPO Open Date
3 Dec, 2025
IPO Close Date
5 Dec, 2025
Basis of Allotment
8 Dec, 2025
Listing Date
10 Dec, 2025

Issue Price

₹105-111 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Lead Manager

Kotak Mahindra Capital Co.LtdJP Morgan India Pvt.LtdMorgan Stanley India Co.Pvt.LtdAxis Capital LtdCitigroup Global Markets India Pvt.Ltd

Issue Size

48,83,96,721 shares(aggregating up to ₹5421.2 crore)

Meesho Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
30-Sep-256640.395857.69-700.72968.87--
31-Mar-257226.099900.90-3941.711561.88--
31-Mar-244160.997859.24-327.642301.64--
31-Mar-233853.355897.69-1671.902548.31--

In Cr.

Meesho Limited IPO Reservation Details

Investor CategoryShares Offered% Shares
Anchor Investor Shares Offered21977852445%
QIB Shares Offered14651901730%
NII (HNI) Shares Offered7325950815%
bNII > ₹10L4883967210%
sNII < ₹10L244198365%
Retail Shares Offered4883967210%
Total Shares Offered488396720100%

Meesho Limited IPO Valuations

EPS Pre IPO

₹-9.54/-

EPS Post IPO

₹-3.11/-

PE Pre IPO

-11.63

PE Post IPO

-35.75

ROE

-

ROCE

-

Debt Equity

-

RoNW

-

PAT Margin

-

Price to Book Value

30.16

Meesho Limited Peer Comparison

Company NameRevenueRoNWPE RatioPB Ratio
Meesho9389(252)%N/AN/A
Eternal202432.16%529N/A
Swiggy15226(30.5)%N/AN/A
Brainbees Solutions7659(26.6)%N/AN/A
Fsn E-Commerce79495.21%1168N/A
Vishal Mega Mart107169.85%99N/A
Trent1713427.9%100N/A
Avenue Supermarts5935813.6%98N/A

Promoters & Share Holding

Promoter(s) Name

  • Vidit Aatrey
  • Sanjeev Kumar
Share Holding Pre IssueShare Holding Post Issue
18.51%N/A%

About Company

Meesho Limited is a multi-sided technology platform incorporated in 2015, which enables e-commerce in India by connecting four critical stakeholders-consumers, sellers, logistics partners, and content creators. The company operates its e-commerce marketplace under the brand name Meesho, enabling consumers to access a wide range of products at an affordable price while offering sellers a low-cost platform to grow their businesses.

Meesho works through two business segments:
Marketplace-a technology-driven platform that enables transactions between customers, sellers, logistics partners, and content creators. Revenue from this segment primarily includes income on services offered to sellers for order fulfilment, advertising, and seller insights.
New Initiatives: This includes a low-cost, local logistics network for daily essentials and a digital financial services platform.

The company has demonstrated solid operational growth with a consistent rise in placed orders and a broadening base of transacting users and sellers. For the twelve months ended September 30, 2025, Meesho had 706,471 annual transacting sellers and 234.20 million annual transacting users.

The logistics network, operated under Valmo, integrates third-party logistics providers comprising first and last-mile delivery partners, sorting centres, and truck operators that are used to ensure timely order fulfilment across the country. As of September 30, 2025, Meesho employed 2,082 full-time employees. The company's constant focus on cost efficiency and technological innovation has helped it stay cash flow positive while making strategic investments in the new business verticals to expand its digital ecosystem.

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Meesho Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved14,65,19,017
7,32,59,508

4,88,39,672    2,44,19,836
4,88,39,67226,86,18,197
Day 103-12-25 05:00 PM
2.18 x
1.89 x

1.61 x   2.44 x
4.05 x2.44 x
Day 204-12-25 05:00 PM
7.15 x
9.61 x

8.82 x   11.18 x
9.57 x8.26 x
Day 305-12-25 05:00 PM
123.34 x
39.85 x

43.64 x   32.28 x
19.89 x81.76 x
Total No. of Applications:63,26,897
Retail Subscription:

Retail:15.77x

BHNI:8.62x

SHNI:30.76x

Meesho Limited IPO - Issue Objectives & Utilisation of proceeds

ObjectivesAmount
Investment for cloud infrastructure, in MTPL, our Subsidiary₹ 1390 Cr
Payment of salaries of the existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by MTPL, the Subsidiary₹ 480 Cr
Investment in MTPL, our Subsidiary, for expenditure towards marketing and brand initiatives₹ 1020 Cr
Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes-

Company Contact Details

Meesho Limited

3rd Floor, Tower E, Helios Business Park, Chandana, Kadabeesanahalli, Bengaluru, Karnataka, 560103

Registrar Contact Details

Kfin Technologies Ltd

Phone: 04067162222, 04079611000

Email: meesho.ipo@kfintech.com

Website: https://ipostatus.kfintech.com/

Frequently Asked Questions about Meesho Limited IPO

When will Meesho Limited IPO open for subscription?

The Meesho Limited IPO opens on 3 Dec, 2025 and closes on 5 Dec, 2025.

What is the investors portion for Meesho Limited IPO?

The investors' portion for QIB is 123.34 x, NII is 43.64 x, and Retail is 19.89 x.

How to apply for Meesho Limited IPO?

You can apply for Meesho Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Meesho Limited IPO?

The issue size of Meesho Limited IPO is approx ₹48,83,96,721 shares(aggregating up to ₹5421.2 crore) crores.

What is the price band of Meesho Limited IPO?

The price band for Meesho Limited IPO is ₹105 to ₹111 per equity share.

What is the lot size of Meesho Limited IPO?

The minimum bid (lot size) for Meesho Limited IPO is 135 shares with an investment of approx ₹14,985 .

What is the allotment date of Meesho Limited IPO?

The allotment date for Meesho Limited IPO is 8 Dec, 2025.

What is the listing date of Meesho Limited IPO?

The listing date for Meesho Limited IPO is expected to be 10 Dec, 2025.

What is the GMP of Meesho Limited IPO?

The latest Grey Market Premium (GMP) for Meesho Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Meesho Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK