Meesho Ltd is set to open its much-awaited initial public offering (IPO) on 3 December 2025, marking one of the most closely watched listings of the year in India’s e-commerce space. The three-day issue will close on 5 December 2025, with the company targeting to raise ₹5,421.20 crore through a mix of fresh shares and an offer for sale.
According to market observers, Meesho’s shares are commanding a Grey Market Premium (GMP) of ₹42 today, reflecting healthy investor interest ahead of the opening.
The company has fixed the price band at ₹105–₹111 per share, with a lot size of 135 shares. Of the total issue size, ₹4,250 crore will be raised via fresh issuance, while ₹1,171.20 crore is earmarked through the OFS route.
KFin Technologies is the registrar for the offer, while Kotak Mahindra Capital, JP Morgan India, Morgan Stanley India, Axis Capital, and Citigroup Global Markets India are the lead book-running managers.
The basis of allotment is likely to be finalised on 6 December 2025, with a possible shift to 8 December in case of weekend delays. The stock is expected to list on the BSE and NSE on 10 December 2025.
Financially, Meesho reported a 26% YoY growth in revenue in FY25, though its profit after tax fell sharply by 1103%, highlighting rising competitive and operational pressures. The company’s net worth has steadily declined—from ₹2,548.31 crore in FY23 to ₹1,561.88 crore in FY25, and further to ₹968.87 crore by Q2 FY26.
Despite near-term profitability concerns, the IPO has garnered interest due to Meesho’s scale, brand visibility, and steady topline expansion.
Disclaimer: This article is for information purposes only. Investors should consult certified financial experts before making investment decisions.
