Meesho, one of India’s fast-growing e-commerce platforms backed by prominent investors, is launching an initial public offering (IPO) to raise up to ₹5,421.20 crore. The issue opens for subscription on December 3, 2025, and will close on December 5, 2025, with a price band fixed at ₹105 to ₹111 per share. The IPO comprises a fresh share issuance of ₹4,250 crore and an offer-for-sale (OFS) of about ₹1,171.20 crore by existing shareholders. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), with tentative listing scheduled for December 10, 2025, subject to allotment and regulatory approvals.
Meesho,IPO Day 2 Subscription Status
On Day 2, Meesho. IPO witnessed a strong investor turnout, closing with an overall subscription of 8.26 times. The Qualified Institutional Buyers (QIB) category with a robust 7.15 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 8.82 times, while the sNII (less than ₹10 lakh) segment saw Robust Leading with 11.20 times subscription, resulting in an overall NII subscription of 9.61 times. The Retail Individual Investors (RII) category was subscribed 9.59 times, reflecting healthy retail interest. Overall, the issue garnered 29,06,810 applications, with total bids amounting to approximately ₹24,633.37 crore, showcasing strong confidence across investor categories in the company’s growth potential.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 7.15 |
| Non-Institutional Investors (NII) | 9.61 |
| bNII (above ₹10 lakh) | 8.82 |
| sNII (less than ₹10 lakh) | 11.20 |
| Retail Individual Investors (RII) | 9.59 |
| Total Subscriptions | 8.26 |
Total Applications: 29,06,810
Total Bid Amount (₹ Crores): 24,633.37
Objective of the Meesho IPO
Meesho plans to utilize the net proceeds from the fresh issue for the following purposes. The proceeds from the Offer for Sale (OFS) will be received by the selling shareholders and not by the company :
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| Investment in cloud infrastructure (via subsidiary) | 1,390 |
| Salaries for AI / ML and technology teams (tech development) | 480 |
| Marketing, brand-building and customer acquisition initiatives | 1,020 |
| Inorganic growth (acquisitions / strategic initiatives) & general corporate purposes / working capital | 1,360 |
Meesho IPO GMP – Day 2 Update
The grey market premium (GMP) of the Meesho IPO stands at ₹₹44.5 as of December 04, 2025 (Day 2). Considering the upper end of the price band at ₹111 per share, the estimated listing price is around ₹155, reflecting a potential gain of approximately 40.09% per share in the grey market.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 04-12-2025 (Day 2) | ₹44.5 | ₹155 | 40.09% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Meesho IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | December 03, 2025 |
| IPO Closing Date | December 05, 2025 |
| Issue Price Band | ₹105 to ₹111 per share |
| Total Issue Size | 48,83,96,721 shares(aggregating up to ₹5,421.20 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | KFin Technologies Ltd. |
| Groww (Billionbrains Garage Ventures Ltd.) IPO RHP | Meesho |
Important Dates for Meesho IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | December 08, 2025 |
| Refunds Initiation | December 09, 2025 |
| Credit of Shares to Demat | December 09, 2025 |
| Listing Date | December 10, 2025 |
Overview Of Meesho IPO
Meesho is one of India’s fastest-growing e-commerce platforms, designed to make online shopping affordable and accessible while empowering small businesses and home-based entrepreneurs. Operating a zero-commission, asset-light marketplace, it uses advanced AI, analytics, and automation to optimize product discovery, pricing, and logistics. Meesho has built strong penetration across Tier 2 and Tier 3 cities, serving millions of value-seeking consumers and sellers. Its technology-driven model enables low customer acquisition costs, faster deliveries, and scalable operations. As the company continues to expand, it remains focused on sustainable growth, profitability, and strengthening its position in India’s digital commerce ecosystem.
Frequently Asked Questions (FAQs)
What is the opening and closing date of the MeeshoIPO?
Groww IPO is open on December 03, 2025 and will close on December 05, 2025.
What is the price band of the Meesho IPO?
Its price band is fixed from ₹105 to ₹111 per share.
What is the GMP (Grey Market Premium) of the Meesho IPO today?
The GMP on December 04, 2025 is ₹5, which leads to a possible listing price of ₹105.
What is the total issue size of the Meesho IPO?
The total issue size of the MeeshoIPO is ₹5,421.20 crore, structured as a combination of fresh issue and Offer for Sale (OFS) by existing shareholders.
What is the expected listing date of the Meesho IPO?
This IPO is expected to be listed on BSE and NSE on December 10, 2025.
