Meesho IPO Details
| IPO Open Date | December 3, 2025 |
| IPO Close Date | December 5, 2025 |
| Face Value | ā¹1 Per Equity Share |
| IPO Price Band | ā¹105 to ā¹111 Per Share |
| Issue Size | Approx ā¹5,421.20 Crores |
| Fresh Issue | Approx ā¹4,250 Crores |
| Offer for Sale: | Approx 10,55,13,839 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Meesho IPO Review & Key Points
- Review: May Apply
- Rating: 3
Meesho IPO Market Lot
The Meesho IPO minimum market lot is 135 shares with ā¹14,985 application amount. The retail investors can apply up-to 13 lots with 1,755 shares of ā¹1,94,805 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 135 | ā¹14,985 |
| Retail Maximum | 13 | 1,755 | ā¹1,94,805 |
| S-HNI Minimum | 14 | 1,890 | ā¹2,09,790 |
| S-HNI Maximum | 66 | 8,910 | ā¹9,89,010 |
| B-HNI Minimum | 67 | 9,045 | ā¹10,03,995 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 21,97,78,524 Shares | 45% |
| QIB (Ex. Anchor) | 14,65,19,017 Shares | 30% |
| NII Shares Offered | 7,32,59,508 Shares | 15% |
| Retail Shares Offered | 4,88,39,672 Shares | 10% |
Meesho IPO Anchor Investors
| Anchor Bidding Date | December 2, 2025 |
| Anchor Investors List | |
| Shares Offered | 21,97,78,524 Shares |
| Anchor Size | ā¹2,439.54 Cr. |
| lock-in period end date 50% shares (30 Days) | January 7, 2026 |
| lock-in period end date 50% shares (90 Days) | March 8, 2026 |
Meesho IPO Dates
The Meesho IPO date is December 3 and the close date is December 5. The Meesho IPO allotment will be finalized on December 8 and the IPO listing on December 10.
| IPO Open Date: | December 3, 2025 |
| IPO Close Date: | December 5, 2025 |
| Basis of Allotment: | December 8, 2025 |
| Refunds: | December 9, 2025 |
| Credit to Demat Account: | December 9, 2025 |
| IPO Listing Date: | December 10, 2025 |
| IPO Bidding Cut-off Time: | December 5, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Vidit Aatrey and Sanjeev Kumar.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 4,13,02,48,118 | 18.51% |
| Promoter Holding Post Issue | 4,51,31,31,000 | 14.6% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Investment for cloud infrastructure, in MTPL, our Subsidiary | ā¹1,390 |
| Payment of salaries of the existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by MTPL, the Subsidiary | ā¹480 |
| Investment in MTPL, our Subsidiary, for expenditure towards marketing and brand initiatives | ā¹1,020 |
| Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes | ā¹- |
About Meesho IPO
Since its incorporation in 2015, Meesho Limited has become Indiaās largest e-commerce platform by bringing together four key groups: buyers, sellers, logistics partners, and content creators. Meesho has served as a value-focused platform by offering customers āEveryday Low Prices, making online shopping accessible, affordable, and appealing. At Meesho, everything is available from low-cost unbranded items to regional and national brands that too at an affordable price range.
The company uses AI/ML technology to help show customers products theyāll like, similar to window shopping in real life, and make online shopping simple and fun. To ensure smooth and fast deliveries, Valmo, its logistics network, works with 3rd party delivery partners and truck operators across India. Moreover, Meesho has over 575,465 active sellers and 213.17 million active users as of 2025.
Meesho IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹5,897.69 | ā¹7,569.59 | ā¹1,671.90 | ā¹3,853.35 |
| 2024 | ā¹7,859.24 | ā¹8,173.78 | ā¹327.64 | ā¹4,160.99 |
| 2025 | ā¹9,900.90 | ā¹10,009.33 | ā¹3,941.71 | ā¹7,226.09 |
| September 2025 | ā¹5,857.69 | ā¹6,290.91 | ā¹700.72 | ā¹6,640.39 |
Meesho IPO Valuation – FY2025
Check Meesho IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹(9.98) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (252.37)% |
| Net Asset Value (NAV): | ā¹3.68 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Eternal Limited | 0.60 | 599.57 | 2.16% | 31.42 | 20,243 Cr. |
| Swiggy Limited | (13.72) | – | (30.50)% | 40.98 | 15,226.76 Cr. |
| Brainbees Solutions Limited | (4.11) | – | (26.63)% | 91.00 | 7,659.61 Cr. |
| FSN E-Commerce Ventures Limited | 0.23 | 1112.13 | 5.21% | 4.55 | 7,949.82 Cr. |
| Vishal Mega Mart Limited | 1.40 | 107.14 | 9.85% | 13.92 | 10,716.35 Cr. |
| Trent Limited | 43.51 | 106.12 | 27.93% | 153.64 | 17,134.61 Cr. |
| Avenue Supermarts Limited | 41.61 | 101.33 | 13.63% | 329.29 | 59,358.05 Cr. |
IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Co. Ltd.
- JP Morgan India Pvt. Ltd.
- Morgan Stanley India Co. Pvt. Ltd.
- Axis Capital Ltd.
- Citigroup Global Markets India Pvt.Ltd.
Company Address
Meesho Ltd.
3rd Floor, Tower E, Helios Business Park,
Chandana,
Kadabeesanahalli
Bengaluru, Karnataka, 560103
Email: [email protected]
Website: https://www.meesho.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
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Note: The Meesho IPO price band and date are officially announced. The (Meesho IPO grey market premium) will be added to the IPO GMP page as it will start).
