Meesho IPO
Meesho IPO — date, price band, GMP & allotment 2025
Meesho is an Indian e-commerce company that mainly focuses on resellers and small businesses, helping them sell products online through social media platforms. The company is planning to launch its IPO to raise funds for business expansion, technology improvement, and brand growth. Meesho has shown strong growth in users and orders in recent years. Investors are watching this IPO closely due to its fast-growing business model.
Stock price
Meesho is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 14 September.
- Open 03 Dec 2025
- Close 05 Dec 2025
- Allotment 08 Dec 2025
- Refund/credit 09 Dec 2025
- Listing 10 Dec 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 3 to 5 Dec, 2025 |
|---|---|
| Price Band | ₹105 – 111 |
| Face Value | ₹1 per share |
| Lot Size | 135 Shares |
| Issue Size | ₹5421.20 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE/NSE |
| Employee Discount | NA |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,985 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 135 shares at the ₹111 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 135 | ₹14,985 |
| 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 |
Three years of numbers
All figures in ₹ crore, as reported in the Meesho offer document.
| Metric | 30 sep 25 | 31 mar 25 | 31 mar 24 |
|---|---|---|---|
| Revenue | 5,857.69 | 9,900.90 | 7,859.24 |
| OPM % | -12.83 | ||
| EBITDA | -551.87 | -219.59 | -230.15 |
| Net Profit | -700.72 | 3,941.71 | -327.64 |
| Assets | 6,640.39 | 6,640.39 | 4,160.99 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Meesho RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Meesho IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹-8.73 |
| P/E Ratio (x) | -19.12 |
| Market Cap at Offer Price (₹ Cr) | ₹8,909.50 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹111 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹480.00 Cr of the issue is earmarked to named objects.
About the company
Meesho offers a wide range of products including fashion, home essentials, electronics, and lifestyle goods, primarily sourced from small manufacturers and wholesalers. Its business model is asset-light, where it connects suppliers directly with customers, reducing inventory and logistics costs. The platform earns revenue through commissions and service fees while offering competitive pricing. By focusing on affordability, wide selection, and seller empowerment, Meesho has built a strong presence in India’s value e-commerce segment.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
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The bankers & the filings
Who is running the book, and the documents this page is built from.
Meesho IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
27 issues handledBest listing: LG Electronics India (+50.0%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).
Kotak Mahindra Capital Co.Ltd.
15 issues handledBest listing: Corona Remedies (+38.4%). Weakest: Amagi Media Labs (-12.2%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Meesho?
The current Grey Market Premium is ₹45, or 40.54% over the issue price.
What is the Meesho IPO price band?
₹105 to ₹111, on a face value of ₹1 per share.
When is the allotment?
The basis of allotment is 8 December 2025, with listing on 10 December 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
