MEESHO
Meesho, a Mainboard IPO of ₹415,137,213 –361,775 Cr was listed on the exchange on December 10, 2025. The price band is set between ₹105 –111 , with a face value of ₹1 . Retail investors can apply with a minimum of 1 lot, each comprising 14 shares — amounting to ₹1,554 at the upper price.
Meesho has been successfully listed on the exchange. Track the listing performance, current stock price, and post-listing trends. This information is for education only—not investment advice.
Meesho MAINBOARD Important Dates
Get important updates regarding Meesho MAINBOARD tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
Listing day gain
+46.4%
Listed at ₹162.5 (issue ₹111)
Issue
₹111
Listing
₹162.5
Current
₹170.09
+53.23% vs issue
Day range
₹162 – ₹177.49
Open Date
Dec 03
Close Date
Dec 05
Allotment
Dec 08
Listing
Dec 10
Issue Size
₹5,421.20 Cr
Issue Price
₹105 – ₹111
Face Value
₹1/share
Market Lot
14 shares
Retail Min Investment
₹1,554
Listing At
NSE,BSE
Sale Type
both
Fresh Issue
₹4,250 Cr
Offer for Sale
₹1,171 Cr
Issue Type
book building
Latest snapshot: Dec 04, 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 7.15x |
| NII | 9.63x |
| sNII (bids below ₹10L) | 11.25x |
| Retail Investors | 9.65x |
| Total | 8.82x |
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹1,554 |
| Retail (Max) | 128 | 1,792 | ₹198,912 |
| S-HNI (Min) | 129 | 1,806 | ₹200,466 |
| S-HNI (Max) | 643 | 9,002 | ₹999,222 |
| B-HNI (Min) | 644 | 9,016 | ₹1,000,776 |
Note: Custom application rules are stored for this IPO (may override SEBI defaults)
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Bhni min | 67 | 9,045 | ₹1,003,995 |
| Retail min | 1 | 135 | ₹14,985 |
| Shni min | 14 | 1,890 | ₹209,790 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only bNII | 105 - 111 |
Yes |
| Only RII | 105 - 111 |
Yes |
| Only sNII | 105 - 111 |
Yes |
The IPO reservation structure, also known as share allocation breakdown, details how the total issue size is distributed among different investor categories as mandated by SEBI (Securities and Exchange Board of India) regulations. This reservation table shows the exact percentage and number of shares allocated to Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), High Net Worth Individuals (HNI), Non-Institutional Investors (NII), and other reserved categories like employees and shareholders. Understanding IPO reservation percentages is crucial for investors to evaluate their probability of share allotment, as each category has different subscription levels and competition. The maximum allottees column indicates the cap on the number of investors who can receive shares in each category, helping you assess the likelihood of getting an allotment based on your investor category.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 146,519,017 (30.00%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
146,519,017 (30.00%) |
| NII (HNI) Shares Offered | 73,259,508 (15.00%) |
| Retail Shares Offered | 48,839,672 (10.00%) |
| Total Shares Offered | 268,618,197 (55.00%) |
Meesho is a multi-sided technology platform that drives e-commerce in India by connecting four groups — consumers, sellers, logistics partners and content creators. Its marketplace, Meesho, became India’s largest in terms of total orders and annual transacting users in the 12 months ending June 30, 2025 (Redseer Report). Meesho's platform focuses on offering affordable, accessible and engaging shopping for everyone in India. With a zero-commission model for sellers and efficient, technology-driven operations, the company keep costs low and offer a wide range of low-priced products, including unbranded goods, regional brands and national brands. Its AI/ML systems personalise product discovery, making online shopping feel like offline window shopping. Technology is the core of our platform. It supports large-scale e-commerce across India by managing interactions between all stakeholders. Each interaction generates data that improves our AI models, which power recommendations, dynamic pricing, automated cataloguing, fraud prevention and logistics optimisation. The company earn money through seller services such as order fulfilment, advertising and data insights. It charge no commission to sellers and no platform fee to consumers. Its scale also allows us to expand into new areas like low-cost local logistics for daily essentials and a financial services platform built with regulated partners. The business has two segments: Marketplace and New Initiatives. Meesho serves consumers from all income groups, mainly value-conscious shoppers looking for affordable products. In FY 2025, the company had 198.77 million annual transacting users, with 174.43 million from outside India’s top 8 cities. Women made up about 54% of our users. In the 12 months ending June 30, 2025, we reached 213.17 million users. Meesho’s sellers include manufacturers, wholesalers and traders.
Meesho is a multi-sided technology platform that drives e-commerce in India by connecting four groups — consumers, sellers, logistics partners and content creators. Its marketplace, Meesho, became India’s largest in terms of total orders and annual transacting users in the 12 months ending June 30, 2025 (Redseer Report). Meesho's platform focuses on offering affordable, accessible and engaging shopping for everyone in India. With a zero-commission model for sellers and efficient, technology-driven operations, the company keep costs low and offer a wide range of low-priced products, including unbranded goods, regional brands and national brands. Its AI/ML systems personalise product discovery, making online shopping feel like offline window shopping. Technology is the core of our platform. It supports large-scale e-commerce across India by managing interactions between all stakeholders. Each interaction generates data that improves our AI models, which power recommendations, dynamic pricing, automated cataloguing, fraud prevention and logistics optimisation. The company earn money through seller services such as order fulfilment, advertising and data insights. It charge no commission to sellers and no platform fee to consumers. Its scale also allows us to expand into new areas like low-cost local logistics for daily essentials and a financial services platform built with regulated partners. The business has two segments: Marketplace and New Initiatives. Meesho serves consumers from all income groups, mainly value-conscious shoppers looking for affordable products. In FY 2025, the company had 198.77 million annual transacting users, with 174.43 million from outside India’s top 8 cities. Women made up about 54% of our users. In the 12 months ending June 30, 2025, we reached 213.17 million users. Meesho’s sellers include manufacturers, wholesalers and traders.
The Meesho is expected to open in December, 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Meesho is ₹105.00 - ₹111.00 per share.
As per market sources, Meesho GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Meesho stands at 8.82x overall.
The listing date for Meesho is December 10, 2025.
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