SoftBank-backed e-commerce unicorn Meesho has officially declared the price band for its upcoming IPO, setting it between Rs 105 and Rs 111 per equity share. As a result, market interest has surged, and discussions around Meesho IPO GMP have intensified ahead of the bidding window. The public issue includes a fresh issue worth Rs 4,250 crore along with an Offer for Sale (OFS) of 10.55 crore shares, taking the total IPO size to Rs 5,421.05 crore at the upper band.
The issue will open for subscription on December 3 and close on December 5, while anchor investors will participate on December 2, 2025. Furthermore, the shares are set to debut on the main board of major stock exchanges.
Meesho IPO: Issue Breakdown
The offering comprises two components:
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Fresh Issue: Rs 4,250 crore
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OFS: 10.55 crore shares
Additionally, several major shareholders, including Elevation Capital V Ltd, Vidit Aatrey, Sanjeev Kumar, Peak XV Partners, and Venture Highway, will partially offload their stake through the OFS. However, only the fresh issue proceeds will benefit the company—funds will go toward technology enhancement, platform expansion, and future growth strategies.
Meesho’s Financial and Growth Highlights
Despite posting a loss in FY 2025, Meesho continues to demonstrate exceptional growth momentum. Therefore, even though negative EPS restricts the calculation of a P/E ratio, the sector still enjoys a high average valuation of 399.28x, underlining strong investor confidence in digital marketplaces.
Growth indicators remain impressive:
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Annual transacting users: 234.2 million (up from 175.1 million last year)
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Total orders placed: 1,261.14 million (vs. 824.59 million in 2024)
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Active sellers: 7.06 lakh (vs. 4.40 lakh previously)
Moreover, sellers received an average of 3,214.5 orders, showing deep engagement and platform stickiness. This steady performance continues to fuel curiosity around Meesho IPO GMP, especially among retail investors.
Lead Managers & Key Listing Dates
The issue is being managed by some of the biggest global and domestic investment banks, including:
Kotak Mahindra Capital, J.P. Morgan, Morgan Stanley, Axis Capital, and Citigroup.
Meanwhile, KFin Technologies will act as the registrar.
Important Dates:
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Allotment Finalization: December 8
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Refunds & Demat Credit: December 9
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Listing Date: December 10 (subject to approvals)
