Meesho IPO Details
The key details of Meesho’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹5,421.20 Cr |
| Price Range | ₹105 - ₹111 |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 135 |
| Investment (cut-off price) | ₹14,985 |
| Pre IPO Promotor Holding | 18.51% |
| Post IPO Promotor Holding | 14.6% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Meesho IPO Timelines
The IPO process for Meesho includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
03/12/2025
Start Date05/12/2025
End Date09/12/2025
Refund Initiation09/12/2025
Credit of Shares to Demat Ac10/12/2025
Listing DateMeesho IPO Lot Size
The Meesho IPO has a fixed lot size of 135 shares, at an upper price band of ₹111 per share. For retail investors, the minimum application is 135 shares (1 lot) amounting to ₹14,985, while the maximum is 1,755 shares (13 lots) worth ₹1,94,805. For Small HNI (S-HNI) investors, the minimum application is 1,890 shares (14 lots) worth ₹2,09,790, while the maximum is 8,910 shares (66 lots) amounting to ₹9,89,010. Big HNI (B-HNI) investors need to apply for at least 9,045 shares (67 lots), totaling ₹10,03,995.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 135 | ₹14,985 |
| Retail Maximum | 13 | 1755 | ₹1,94,805 |
| S-HNI Minimum | 14 | 1890 | ₹2,09,790 |
| S-HNI Maximum | 66 | 8910 | ₹9,89,010 |
| B-HNI Minimum | 67 | 9045 | ₹10,03,995 |
Meesho IPO Subscription Status
The subscription status for Meesho IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Meesho IPO Company Financials
Meesho reports a challenging performance in FY2026 September with Total Income of ₹5,857.69 crores, incurring expenses of ₹6,290.91 crores, and recording a negative Profit After Tax of ₹700.72 crores, indicating a net loss and reflecting pressures on profitability ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹5,897.69 | ₹7,569.59 | ₹1,671.90 |
| FY 2024 | ₹7,859.24 | ₹8,173.78 | ₹327.64 |
| FY 2025 | ₹9,900.90 | ₹10,009.33 | ₹3,941.71 |
| FY 2026 (6 M) | ₹5,857.69 | ₹6,290.91 | ₹700.72 |
About Company
Meesho Limited, incorporated in 2015, is a multi-sided technology platform that powers e-commerce in India by connecting consumers, sellers, logistics partners, and content creators. Operating its marketplace under the Meesho brand, the company offers consumers a broad range of affordable products while providing sellers with a low-cost, technology-driven platform to grow. Its operations span two segments: the core Marketplace business, which generates revenue from services such as fulfilment, advertising, and seller insights; and New Initiatives, which include a low-cost logistics network for daily essentials and a digital financial services platform.
The company has shown strong operational momentum, with rising order volumes and an expanding base of users and sellers. For the twelve months ending September 30, 2025, Meesho recorded 706,471 annual transacting sellers and 234.20 million annual transacting users. Its logistics arm, Valmo, coordinates third-party partners across first- and last-mile delivery, sorting, and trucking to support efficient nationwide fulfilment. With 2,082 full-time employees as of September 30, 2025, Meesho continues to leverage cost efficiency and technological innovation to sustain positive cash flow while investing strategically to broaden its digital ecosystem.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2015 | E-Retail/ E-Commerce | Vidit Aatrey |
Know Before Investing
Meesho IPO Strengths
- Meesho reported revenue of approximately ₹9,900.90 crore in FY25, showing significant scaling compared to previous years.
- Meesho’s contribution margin rose substantially from ₹5,658 crore in FY23 to ₹14,836 crore in FY25, indicating improved operational leverage.
- Meesho operates a social commerce platform focusing on small-town and rural customers, which broadens market access and underpenetrated segments.
- Meesho benefits from strong institutional support for growth and technology investments.
- Significant spending on AI, machine learning, cloud infrastructure, and marketing supports future scalability and competitive strength.
- Founded in 2015 and headquartered in Bengaluru, Meesho is India’s largest social commerce platform with a growing brand presence.
Meesho IPO Risks
- Faces intense competition from giants like Amazon, Flipkart, and others, which may pressure margins and market share.
- Ongoing marketing and promotional expenses are high, which could challenge profitability if not managed effectively.
- Focus on tier 2 and tier 3 cities introduces risks related to income variability and digital adoption rates.
- Continuous investment is required to maintain platform performance and user engagement, impacting free cash flow.
- Changes in e-commerce guidelines, data privacy laws, and taxation could increase compliance costs and operational risks.
Swot Analysis for Meesho IPO
Strengths
Strong Social Commerce Leadership, Robust Logistics & Payment Network, Rapid Growth Trajectory
Weaknesses
Quality & Trust Issues, Limited Brand Visibility, Monetization Challenges
Opportunities
Expanding Internet Penetration, Rising Social Commerce Adoption, Technology Enhancement
Threats
Intense Competition, Economic Sensitivity, Open Network Disruption
Company Details
Meesho Ltd.
3rd Floor, Tower E, Helios Business Park, Chandana, Kadabeesanahalli Bengaluru, Karnataka, 560103
Email: investorrelations@meesho.com
Website: https://www.meesho.com/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: meesho.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Meesho IPO are:
- Investment for cloud infrastructure, in MTPL, their Subsidiary
- 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
- Investment in MTPL, our Subsidiary, for expenditure towards marketing and brand initiatives
- Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes
Kotak Mahindra Capital Co. Ltd., JP Morgan India Pvt. Ltd., Morgan Stanley India Co. Pvt. Ltd., Axis Capital Ltd., Citigroup Global Markets India Pvt. Ltd. are the book-running lead managers for the Meesho IPO.
Meesho IPO shows strong growth potential driven by rapid adoption of value e commerce in smaller cities its 29.4% revenue growth to ₹55.78 billion in H1 FY26 and deep category penetration. Investments in AI driven personalization logistics expansion and new verticals like grocery and payments support scalable long term growth.
The issue price for the Meesho IPO is set between ₹105 to ₹111 per share.
To invest in one lot of Meesho IPO, you need ₹14,175 at the lower price band (₹105 per share) or ₹14,985 at the upper price band (₹111 per share) for a lot size of 135 shares.
Meesho IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on December 10, 2025.
Refund/unblocking of funds for Meesho IPO will begin on December 9, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Meesho IPO shares on listing day (December 10, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.