Meesho IPO
Meesho IPO is a book-building issue of ₹5,421.20 crores that comprises a fresh issue of ₹4,250 crores and an offer for sale of ₹1,171.20 crores. The price band is set at ₹105 to ₹111 per share and the lot size for an application is 135. The minimum amount for investment by an individual investor is ₹ 14,985 (135 shares). The IPO will open for subscription on Dec 3, 2025 and closes on Dec 5, 2025. Meesho IPO will list on BSE, NSE, with a tentative listing date fixed as Dec 10, 2025.
Company Background
Meesho Ltd. was founded in 2015 by IIT Delhi alumni and it operates as a value-focused e-commerce platform headquartered in Bengaluru. Meesho has pioneered a reseller-led social commerce model under the parent company Fashnear Technologies Pvt. Ltd. The platform empowers small businesses and individual entrepreneurs by enabling them to sell products nationwide on social media channels, lowering entry barriers through zero-commission listings. The company has grown into a tech-driven marketplace connecting consumers, sellers, logistics partners and content creators that making meesho India's largest social commerce merchant.
Operations And Product Range
Facility & Production
Meesho Ltd. operates an asset-light model centered on its proprietary logistics arm, Valmo, which aggregates over 13,000 providers, including micro-entrepreneurs, small trucking fleets and larger partners like Delhivery, Shadowfax, XpressBees and Ecom Express. Valmo handles over 60% of Meesho's orders, managing 76.3 crore shipments in FY25 across 15,000 pincodes through a network of first-mile pickups, last-mile deliveries, sorting centers and long-haul trucking without owning warehouses or trucks.
Brands & Market Presence
Meesho's product range covers overall wide range, starting from fashion, home and kitchen essentials, beauty and personal care, electronics accessories and daily needs, marketed via social platforms like WhatsApp, Instagram and Facebook through its reseller network. This single platform connects millions of individual sellers and suppliers, focusing on value commerce for tier 2-3 and rural markets, where it commands 29-31% of India's e-commerce shipments in FY25. Meesho has made 1.8 billion products annually and is expanding into groceries via local logistics.
Revenue Channels
- • Revenue generation from logistics and delivery fees is approximately ₹45 - 100 per order.
- • Platform advertising fee and promotion fees from sponsored listing by AI
- • Commissions from branded sales are unlike zero-commission unbranded goods.
- • Assurance and value-added services, mainly fraud protection and guarantees and other platform offerings so on.
Management And Shareholding
Promoters & Shareholding
Meesho Ltd. is promoted by its co-founders, who collectively hold about 18.51% of the company's pre-IPO equity on a fully diluted basis. The promoters will partially sell some shares through the Offer for Sale (OFS) portion of the IPO but will retain significant stakes. Institutional investors such as Elevation Capital (13.6%), Peak XV Partners (12.8%) and Prosus (12.3%) also hold large stakes, providing strong backing. Additionally, institutional shareholders' stakes, along with promoters, assure compliance with SEBI's minimum promoter holding norms post-IPO, with applicable lock-in periods for key shareholders.
Broad Members
Meesho has experienced & professional members on its board, including its founders and independent directors who bring expertise in finance, corporate governance and technology. The board ensures strong oversight and strategic guidance for the company’s plan and for its maintained reputation in the market. The combination of visionary founders and seasoned independent members helps Meesho in maintaining strong governance standards that are also essential for public market security and sustainable growth.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Meesho IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Meesho IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 3, 2025 to December 5, 2025 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Issue Price Band | ₹105 to ₹111 per share |
| Lot Size | 135 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 48,83,96,721 shares (aggregating up to ₹5,421.20 Cr) |
| Fresh Issue(Ex Market Maker) | 38,28,82,882 shares (aggregating up to ₹4,250.00 Cr) |
| Offer for Sale | 10,55,13,839 shares of ₹1 (aggregating up to ₹1,171.20 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,13,02,48,118 shares |
| Share Holding Post Issue | 4,51,31,31,000 shares |
Meesho IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, Dec 3, 2025 |
| IPO Close Date | Fri, Dec 5, 2025 |
| Tentative Allotment | Mon, Dec 8, 2025 |
| Initiation of Refunds | Tue, Dec 9, 2025 |
| Credit of Shares to Demat | Tue, Dec 9, 2025 |
| Tentative Listing Date | Wed, Dec 10, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 5, 2025 |
Meesho IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 135 | ₹14,985 |
| Individual investors (Retail) (Max) | 13 | 1,755 | ₹1,94,805 |
| S-HNI (Min) | 14 | 1,890 | ₹2,09,790 |
| S-HNI (Max) | 66 | 8,910 | ₹9,89,010 |
| B-HNI (Min) | 67 | 9,045 | ₹10,03,995 |
Meesho IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 18.51% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Across India reach as this last September 2025, Meesho has 706,471 annual transacting sellers and 234.20M annual transacting users.
- • Ensuring efficient order fulfilment across India by integrating third-party logistic providers.
- • AI-driven tech enables personalized recommendations, dynamic pricing and higher conversions.
- • Professionalized and Experienced promoters and partners who focus on the growth and efficiency of the company.
Meesho IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 6,640.39 | 5,857.69 | -700.72 | 968.87 | 0.00 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 7,226.09 | 9,900.90 | -3,941.71 | 1,561.88 | 0.00 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 4,160.99 | 7,859.24 | -327.64 | 2,301.64 | 0.00 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 3,853.35 | 5,897.69 | -1,671.90 | 2,548.31 | 0.00 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | -252.37% |
| Price to Book Value | 30.16 |
| Market Capitalization | ₹50,095.75 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -9.54 | -3.11 |
| P/E (x) | -11.63 | -35.75 |
Objectives of Meesho IPO
- • Expenditure on the talented pool of workers in AI & technology undertaken by a subsidiary of Meesho.
- • Investment in marketing and branding of the subsidiary company
- • General corporate purpose of the company.
Conclusion
Meesho IPO represents a strategic opportunity for a company pushing e-commerce in India with a strong foundation in technology, logistics and a unique reseller-led model. The fresh capital of their IPO will enable it to strengthen its infrastructure, invest in talent and scale marketing, positioning. This company is focused on establishing its subsidiary in the market and pushing the public towards e-commerce by helping retail shopkeepers.
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Frequently asked Questions (FAQs )
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What are the Meesho IPO dates and price band?
The IPO will open on December 3, 2025, and close on December 5, 2025. The price band is set at ₹105 to ₹111 per share.
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Where will the Meesho IPO be listed?
Meesho IPO will be listed on the BSE, NSE platforms, with the tentative listing date fixed as December 10, 2025.
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What exactly does Meesho do?
Meesho is a Bengaluru-based firm that is a multi-sided technology platform driven by e-commerce in India.
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How much is the Meesho IPO size and Issue type?
The IPO issue size is ₹5,421.20 Cr and the issue type of shares is Bookbuilding IPO.
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What is the lot size of the Meesho IPO?
The lot size of the Meesho IPO is 135, where the minimum amount required by an investor is ₹14,985.
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How will the IPO proceeds be used?
IPO proceeds will be used for investment in the material subsidiaries, brand building and marketing activities of the company.
