Meesho IPO price band is set at ₹105 to ₹111 per share, with subscriptions from December 3-5. The company aims to raise ₹4,250 crore, focusing on cloud infrastructure and marketing, and has reduced its losses significantly this year.

Meesho IPO: SoftBank-backed firm sets price band at ₹105-111 per share; check key dates, issue details, more

Meesho IPO Price Band and Dates Revealed

SoftBank-backed e-commerce firm Meesho Ltd has set its initial public offerings' price band at ₹105 to ₹111 per equity share of the face value of Re 1. The Meesho IPO date of subscription is scheduled for Wednesday, December 3, and will close on Friday, December 5.

Meesho IPO Details

Issue Size: ₹4,250 crore through a new issue
Public Shareholders Sale: 10.55 crore equity shares via an offer-for-sale
Selling Shareholders: Elevation Capital, Peak XV Partners, Golden Summit, Y Combinator, and the promoters

The largest shareholders in the company include Elevation Capital (15.11% stake), Prosus' Naspers Ventures (12.34%), and Peak XV Partners (11.3%), followed by Softbank-owned SVF II Meerkat (9.3%) and WestBridge Crossover Fund (3.92%).

Meesho IPO Allocation

Qualified Institutional Buyers (QIBs): Not less than 75% of the shares
Non-Institutional Institutional Investors (NII): Not more than 15% of the shares
Retail Investors: Not more than 10% of the offer

Listing Date

Meesho share price is likely to be listed on BSE and NSE on Wednesday, December 10.

Meesho IPO Proceeds Allocation

Cloud Infrastructure: ₹1,390 crore for enhancing cloud infrastructure at its subsidiary, Meesho Technologies
Marketing and Branding: ₹1,020 crore towards marketing and branding efforts for the same subsidiary
Salaries: ₹480 crore for covering salaries of current employees and new hires within the Machine Learning and AI technology teams
General Corporate Purposes: Remaining funds from the fresh issue aimed at supporting inorganic growth and general corporate purposes

Merchant Bankers and Registrar

Merchant Bankers: Kotak Mahindra Capital Company, JP Morgan India, Morgan Stanley India Company, Axis Capital, and Citigroup Global Markets India
Registrar: Kfin Technologies Ltd.

About Meesho

Founded by Vidit Aatrey and Sanjeev Kumar, Meesho claims to be the largest in terms of the number of orders placed and annual transacting users among e-commerce companies in India over the twelve months leading up to September 2025, as reported by Redseer.

Meesho has reduced its losses to ₹700.7 crore for the six months ending September 2025, down from a loss of ₹2,512.9 crore in the same period last year. During this period, the revenue increased by 29.4 percent, reaching ₹5,577.5 crore, up from ₹4,311.3 crore.

Disclaimer

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