Meesho Limited – IPO
Meesho Limited – IPO Details
| IPO Date | December 3, 2025 to December 5, 2025 |
| Listing Date | December 10, 2025 |
| Face Value | ₹ 1 / Share |
| Price Band | ₹ 105 to ₹ 111 / Share |
| Lot Size | 135 Shares |
| Total Issue Size | 48,83,96,721 shares (Aggregating up to ₹5,421.20 Cr) |
| Fresh Issue | 38,28,82,882 shares (Aggregating up to ₹4,250.00 Cr) |
| Offer for Sale | 10,55,13,839 shares of ₹1 (Aggregating up to ₹1,171.20 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 4,13,02,48,118 shares |
| Share holding post issue | 4,51,31,31,000 shares |
| Market Maker portion |
Meesho Limited Timeline (Tentative Schedule)
Meesho Limited IPO opens on December 3, 2025, and closes on December 5, 2025.
| IPO Open Date | December 3, 2025 |
| IPO Close Date | December 5, 2025 |
| Basis of Allotment | December 8, 2025 |
| Initiation of Refunds | December 9, 2025 |
| Credit of Shares to Demat | December 9, 2025 |
| Listing Date | December 10, 2025 |
| Cut-off time for UPI mandate confirmation | December 5, 2025 |
Meesho Limited IPO Lot Size
Investors can bid for a minimum of 135 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 135 | Rs.14,985 |
| Retail (Max) | 13 | 1,755 | Rs.194,805 |
| S-HNI (Min) | 14 | 1,890 | Rs.209,790 |
| S-HNI (Max) | 66 | 8,910 | Rs.989,010 |
| B-HNI (Min) | 67 | 9,045 | Rs.1,003,995 |
| HNI (Min) |
Meesho Limited IPO Promoter Holding
| Share Holding Pre Issue | 18.51% |
| Share Holding Post Issue |
Meesho Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not less than 75% |
|
| NII (HNI) Shares Offered | Not more than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not more than 10% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Meesho Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Meesho Limited
Incorporated in 2015, Meesho Limited is a multi-sided technology platform driving e-commerce in India by connecting four key stakeholders — consumers, sellers, logistics partners, and content creators. The company operates its e-commerce marketplace under the brand name Meesho, enabling consumers to access a wide range of affordable products while offering sellers a low-cost platform to grow their businesses.
Meesho operates through two business segments:
- Marketplace – a technology-driven platform facilitating transactions between consumers, sellers, logistics partners, and content creators. Revenue from this segment primarily includes income from services provided to sellers, such as order fulfilment, advertising, and seller insights.
- New Initiatives – which include a low-cost local logistics network for daily essentials and a digital financial services platform.
The company has demonstrated strong operational growth, with a steady rise in placed orders and a broadening base of transacting users and sellers. For the twelve months ended September 30, 2025, Meesho had 706,471 annual transacting sellers and 234.20 million annual transacting users.
Its logistics network, operated under Valmo, integrates third-party logistics providers, including first and last-mile delivery partners, sorting centres, and truck operators, to ensure efficient order fulfilment across India. As of September 30, 2025, Meesho employed 2,082 full-time employees.
The company’s focus on cost efficiency and technological innovation has enabled it to maintain a positive cash flow position while strategically investing in new business verticals to expand its digital ecosystem.
Key Performance Indicator
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | |
| Debt/Equity | |
| RoNW | -252.37% |
| P/BV | 30.16 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -9.54 | -3.11 |
| P/E (x) | -11.63 | -35.75 |
Note:
- The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, which is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025, which is available in RHP.
Objects of the Issue (Meesho Limited IPO Objectives)
Meesho Limited Contact Details
Meesho Ltd. 3rd Floor, Tower E, Helios Business Park, Chandana, Kadabeesanahalli Bengaluru, Karnataka, 560103 Email: [email protected] Website: https://www.meesho.com/ |
Meesho Limited IPO Registrar
Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: [email protected] Website: https://ipostatus.kfintech.com/ |