Shares of Meesho will be in focus on Wednesday, January 7, as the company’s one-month shareholder lock-in period comes to an end. Around 109.9 million shares, representing 2% of Meesho’s outstanding equity, will become eligible for trading on the day.
At current market prices, the shares unlocking this week are valued at approximately ₹1,973 crore. Despite recent volatility, Meesho stock continues to trade well above its IPO price of ₹111, up more than 60% since listing. However, the stock has corrected nearly 30% from its post-listing high of ₹254.
The expiry of the lock-in period does not necessarily indicate immediate selling but allows shareholders the option to trade these shares in the open market.
