The much-anticipated initial public offering (IPO) of e-commerce unicorn Meesho Limited is set to open on December 3. Here's all the key details you need to know about the IPO before bidding.

Meesho IPO: Opening date, Price Band & Other Key Details To Know Before Buying

Meesho Limited IPO: Key Details and Dates

The much-anticipated initial public offering (IPO) of e-commerce unicorn Meesho Limited is set to open in the first week of December.

Opening Date and Schedule

Anchor Investor Bidding Date: December 2 (Tuesday)
IPO Opens for Public Subscription: December 3
Bidding Closes: December 5
Listing Date: December 10 (Meesho shares are expected to start trading on the BSE and the NSE)

Price Band and Lot Size

Lower Price Band: ₹105 per share
Upper Price Band: ₹111 per share
Lot Size: A minimum of 135 equity shares of face value of ₹1 each, and in multiples of 135 equity shares of face value of ₹1 each thereafter

Reservations and Allotment

Reservations:
- 75% for qualified institutional buyers (QIBs)
- 15% for non-institutional Investors (NIIs)
- 10% for retail investors
Allotment Date: December 8
Allotment Credited Date: December 9
Refund Date: After the allotment process is completed, the blocked funds of unsuccessful bidders will be refunded to the bank accounts of unsuccessful bidders

Top Selling Shareholders

Co-founder Vidit Aatrey and Sanjeev Barnwal are tagged as Meesho's promoters and hold a stake of 18.5%, valued at ₹8,749 crore at the upper end of the price band.

Meesho's Promoters:
- Vidit Aatrey and Sanjeev Barnwal (each expected to sell 16 million shares and realise around ₹178 crore)
Largest Shareholder:
- Elevation Capital (holds a 13.6% stake and expected to sell 2.4 crore shares, realising more than ₹270 crore)
Second-Largest Shareholder:
- Peak XV Partners (holds a 12.8% stake valued at around ₹6,055 crore and expected to sell 1.7 crore shares, realising around ₹193 crore)