Meesho IPO is a book-building issue of ₹5,421.20 crores, combining a fresh issue of 38.29 crore shares (₹4,250.00 Cr) and an offer for sale of 10.55 crore shares (₹1,171.20 Cr). Scheduled to open for subscription on December 3, 2025, and close on December 5, 2025, the IPO will list on BSE and NSE tentatively on December 10, 2025.
The IPO price band is ₹105 to ₹111 per share, and the lot size for retail investors is 135 shares, requiring a minimum investment of ₹14,985 (upper price). For sNII and bNII investors, lot size investments are ₹2,09,790 and ₹10,03,995, respectively.
Kotak Mahindra Capital Co. Ltd. is the book running lead manager, and Kfin Technologies Ltd. is the registrar.
We will now discuss Meesho IPO in detail so that you can make an informed decision.
Meesho IPO Key Details
The following are some of the important and key details about Meesho IPO.
Parameter
Details
IPO Open Date
December 3, 2025
IPO Close Date
December 5, 2025
Tentative Allotment
December 8, 2025
Refund Initiation
December 9, 2025
Tentative Listing Date
December 10, 2025
Issue Type
Bookbuilding IPO
Sale Type
Fresh Issue + Offer for Sale
Price Band
₹105 – ₹111 per share
Lot Size
135 Shares
Total Issue Size
48,83,96,721 shares (₹5,421.20 Cr)
Fresh Issue
38,28,82,882 shares (₹4,250.00 Cr)
Offer for Sale
10,55,13,839 shares (₹1,171.20 Cr)
Listing At
BSE, NSE
Meesho IPO Lot Size & Investment
This table shows minimum and maximum investment amounts for retail and HNI investors.
Investor Category
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
Meesho IPO Promoters
The following are the key promoters and founders of Meesho Ltd.
Name
Designation
Experience
Vidit Aatrey
Co-Founder & CEO
10+ Yrs
Sanjeev Kumar
Co-Founder
12+ Yrs
Meesho Ltd. Business Model
Meesho Ltd., incorporated in 2015, is a multi-sided technology platform driving e-commerce in India. It connects consumers, sellers, logistics partners, and content creators. Operating under the brand name Meesho, the platform allows consumers to access affordable products and helps sellers scale their businesses with a low-cost technology solution.
Business Segments
Marketplace: Revenue from services provided to sellers, such as order fulfilment, advertising, and analytics.
New Initiatives: Includes low-cost local logistics for daily essentials and a digital financial services platform.
As of September 30, 2025:
706,471 annual transacting sellers
234.20 million annual transacting users
2,082 full-time employees
Meesho Ltd. Financials
The following table shows the financials for Meesho Ltd.:
Particulars
30 Sep 2025
31 Mar 2025
31 Mar 2024
31 Mar 2023
Assets
6,640.39
7,226.09
4,161
3,853.35
Total Income
5,857.69
9,901
7,859.24
5,897.69
Profit After Tax (PAT)
-700.72
-3,942
-327.64
-1,671.90
EBITDA
-551.87
-220
-230.15
-1,693.73
Net Worth
968.87
1,562
2,301.64
2,548.31
Total Borrowings
0
0
0
0
Key Performance Indicators (KPI)
KPI
Value
RoNW
-252.37%
Price to Book Value
30.16
Market Capitalization
₹50,095.75 Cr
Pre IPO EPS
-9.54
Post IPO EPS
-3.11
Pre IPO P/E
-11.63
Post IPO P/E
-35.75
Meesho IPO Objectives
The company aims to use IPO proceeds for strategic growth initiatives:
Object
Expected Amount (₹ Cr)
Investment in cloud infrastructure via MTPL (subsidiary)
1,390.00
Payment of salaries for AI and technology teams
480.00
Marketing and brand initiatives in MTPL
1,020.00
Inorganic growth through acquisitions & general corporate purposes
Remaining funds
To explore more public issues happening this month, you can also refer to our complete List of IPOs in December 2025 covering all major offerings.
Conclusion
Based on recent financials, operational growth, and market presence, Meesho IPO is priced aggressively. Investors with high risk appetite and cash surplus may consider long-term investment, while conservative investors may avoid it due to negative P/E and past losses.
Meesho IPO presents a chance to invest in one of India’s largest multi-sided e-commerce platforms. With strong operational growth, an expanding seller base, and strategic technology initiatives, it is positioned for long-term growth. However, due to historical losses and aggressive valuation, investors should assess risk appetite carefully.
Frequently Asked Questions
What is Meesho IPO?
Meesho IPO is a book-building issue of ₹5,421.20 Cr, combining fresh issue and offer for sale, opening Dec 3, 2025, and closing Dec 5, 2025.
What is the Meesho IPO price band?
The price band for Meesho IPO is ₹105 to ₹111 per share.
What is the lot size for Meesho IPO?
Retail investors can apply for a minimum of 135 shares per lot.
How can I apply for Meesho IPO?
You can apply via online brokers, banking apps, or UPI-enabled platforms using your Demat account.
When will Meesho IPO allotment be finalised?
The tentative allotment date is December 8, 2025.
When will Meesho IPO list on stock exchanges?
Meesho IPO is expected to list on BSE and NSE on December 10, 2025.
Who are the promoters of Meesho Ltd.?
The promoters are Vidit Aatrey and Sanjeev Kumar, founders of Meesho.
What is the total issue size of Meesho IPO?
The IPO comprises 48.83 crore shares aggregating up to ₹5,421.20 Cr.
What are the objectives of Meesho IPO?
IPO proceeds will fund cloud infrastructure, salaries for tech teams, marketing initiatives, and strategic acquisitions.
Is Meesho IPO suitable for long-term investment?
Meesho IPO may suit well-informed, risk-tolerant investors due to aggressive pricing and negative P/E.
Author: Diwakar Singh
Diwakar Kumar Singh is a certified SEO content writer and finance specialist with 7+ years of experience in the BFSI industry. He has written 1,000+ finance articles, published books across seven countries and authored research papers.
In 2018, he was awarded a Gold Medal in Marketing and Finance from IMT Hyderabad. He combines analytical strength with clear communication. Diwakar simplifies complex financial concepts, decodes unlisted shares, analyses IPOs, ratios and company profiles and delivers evidence-backed insights that help investors make informed decisions. communication.
Beyond finance, Diwakar is a dedicated fitness enthusiast and the founder of TheFitnessJournal. He also holds a nutrition certification from ISSA, USA, and writes about health, nutrition and science-backed wellness in a simple and approachable style. His ability to excel in two demanding fields makes him a versatile creator committed to clarity, accuracy and meaningful impact.