Meesho IPO opens for subscription from December 3 to 5, 2025, with allotment expected on December 8 and listing on BSE and NSE on December 10, 2025. The book-built issue totals ₹5,421.20 crore at a price band of ₹105 – ₹111 per share.Meesho operates as a social commerce platform targeting non-metro users, enabling resellers to sell via WhatsApp, Facebook, and Instagram. Proceeds will fund cloud infrastructure, AI/ML enhancements, marketing, and acquisitions. The Meesho IPO offers investors exposure to India’s booming e-commerce sector with a focus on tier-2/3 city penetration.
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Expert Opinions
Market sentiment for Meesho IPO remains strongly positive, driven by robust retail participation and brokerages recommending subscription for long-term gains amid e-commerce expansion. Company strengths include a zero-commission model targeting tier-2/3 cities, 183.4 crore orders in FY25, and revenue growth to ₹9,390 crore with improving contribution margins. Risks involve intense competition from Amazon/Flipkart, persistent losses despite narrowing, high customer acquisition costs, and dependency on social commerce platforms.
Valuation analysis of Meesho IPO in 2025 shows a price-to-sales ratio of 5.3x on post-issue capital, reflecting premium pricing for a loss-making entity with strong GMV run-rate of $6.2 billion. Long-term investment perspective favors growth in underserved markets and technology investments, though profitability path and competitive pressures warrant monitoring.
Investor Considerations
Meesho IPO investors should examine the company’s improving fundamentals, with revenue surging 26% to ₹9,390 crore in FY 2025 alongside positive free cash flow of ₹351 crore, though adjusted EBITDA remains negative at -0.39% after ESOP and restructuring costs. The e-commerce sector outlook is vibrant, fueled by tier-2/3 city penetration and social commerce growth.
Valuation analysis for Meesho IPO in 2025 reflects a price-to-sales multiple of 5.3x on post-issue capital, highlighting premium pricing for a high-GMV platform with 183 crore orders. Growth prospects encompass AI/ML investments, marketing expansion, and acquisitions targeting underserved markets. Risks include fierce competition from Amazon and Flipkart, customer acquisition costs, and profitability delays. Long-term investors may benefit from market share gains, while short-term goals face valuation and execution volatility.
FAQs
Meesho IPO Current GMP is ₹45.
Meesho IPO Expected Returns is 40.54%.
Meesho IPO estimated listing price is ₹156.