Retail investors can apply for one lot of 135 shares in the Meesho IPO, which will entail a minimum investment of ₹14,985. Applications can then be made in multiples of 135 shares thereafter.
The first major IPO of December 2025 is here; Check price band, lot size and other details
Meesho's ₹5,421 crore IPO will comprise of a fresh issue of shares worth ₹4,250 crore, along with an Offer for Sale (OFS) component from existing investors worth ₹1,171.2 crore.
By Hormaz Fatakia
Indian e-commerce company Meesho Ltd. has announced that its ₹5,421.2 crore Initial Public Offering (IPO) will open for subscription on Wednesday, December 3, and close on Friday, December 5, 2025.
Price band for the issue has been fixed between ₹105 to ₹111 per share. Meesho shares will have a face value of ₹1 each.
Retail investors can apply for one lot of 135 shares in the Meesho IPO, which will entail a minimum investment of ₹14,985. Applications can then be made in multiples of 135 shares thereafter.
However, only 10% of the total IPO size has been reserved for retail investors. Similar to many other recent listings, 75% of the issue has been reserved for Qualified Institutional Bidders (QIBs). The remaining 15% is reserved for non-institutional investors (HNIs).
For Small HNIs, the minimum bid lot size will be 1,890 shares and will entail a minimum investment of ₹2,09,790, while for big HNIs, the minimum lot size is 9,045 shares and will entail a minimum investment of ₹10 lakh.
Meesho's ₹5,421 crore IPO will comprise of a fresh issue of shares worth ₹4,250 crore, along with an Offer for Sale (OFS) component from existing investors worth ₹1,171.2 crore.
At the higher end of the price band, Meesho will have a post-listing market capitalization of ₹50,000 crore. Promoter holding, which currently stands at 19.08%, will fall to 16.76% after the IPO.
Kotak Capital, JPMorgan, Morgan Stanley, Axis Capital and Citigroup are the book-running lead managers for the Meesho IPO.
Allotment of shares will take place on Monday, December 8, while shares will begin trading on the bourses from December 10.
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