Meesho IPO 2025
₹5,421.20 Crores
Price Band
₹105 – ₹111
Issue Dates
Dec 3 – 5, 2025
Total Issue Size
₹5,421.20 Cr
| Particular | Details |
|---|---|
| IPO Open Date | December 3, 2025 |
| IPO Close Date | December 5, 2025 |
| IPO Bidding Cut-off Time: | December 5, 2025 (5 PM) |
| Basis of Allotment | December 8, 2025 |
| Refunds | December 9, 2025 |
| Credit to Demat | December 9, 2025 |
| Listing Date | December 10, 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹105 – ₹111 |
| Total Issue Size | ₹5,421.20 Cr |
| Fresh Issue | ₹4,250 Cr |
| Offer for Sale (OFS) | 10,55,13,839 shares |
| Minimum Lot | 135 shares (₹14,985) |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 135 | 14,985 |
| Retail (Max) | 13 | 1,755 | 1,94,805 |
| sNII (Min) | 14 | 1,890 | 2,09,790 |
| sNII (Max) | 66 | 8,910 | 9,89,010 |
| bNII (Min) | 67 | 9,045 | 10,03,995 |
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investors | 21,97,78,524 | 45% |
| QIB (excluding Anchor) | 14,65,19,017 | 30% |
| NII / HNI | 7,32,59,508 | 15% |
| Retail Investors | 4,88,39,672 | 10% |
| Total Issue | 48,83,96,721 Shares | 100% |
Note: 45% of QIB portion was allocated to Anchor Investors on Dec 2, 2025. Remaining subscription opened Dec 3–5.
| Year | Revenue | Expenses | PAT | Assets |
|---|---|---|---|---|
| FY23 | 5,897.69 | 7,569.59 | -1,671.90 | 3,853.35 |
| FY24 | 7,859.24 | 8,173.78 | -327.64 | 4,160.99 |
| FY25 | 9,900.90 | 10,009.33 | -3,941.71 | 7,226.09 |
Review: MAY APPLY (Long Term Only)
Strong 68% revenue CAGR but losses jumped ~12× in FY25.
High-risk IPO — only for aggressive long-term investors.
| Anchor Bidding Date | December 2, 2025 |
| Shares Offered | 21,97,78,524 Shares |
| Anchor Size | ₹2,439.54 Cr. |
| lock-in period end date 50% shares (30 Days) | January 7, 2026 |
| lock-in period end date 50% shares (90 Days) | March 8, 2026 |
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | -% |
| EBITDA Margin | -% |
| PAT Margin | -% |
| Debt to equity ratio | -% |
| EPS (Basic) | ₹(9.98) |
| P/E Ratio | N/A (Loss-making) |
| RoNW | -252.37% |
| NAV | ₹3.68 |
Vidit Aatrey & Sanjeev Barnwal
| Shares | % | |
|---|---|---|
| Pre-Issue | 4,13,02,48,118 | 18.51% |
| Post-Issue | 4,51,31,31,000 | 14.6% |
| Purpose | Amount (₹ Cr) |
|---|---|
| Cloud infra in subsidiary MTPL | 1,390 |
| AI/ML team salaries | 480 |
| Marketing & branding | 1,020 |
| Inorganic growth & general purposes | Remaining |
| Company | EPS | P/E | RoNW | NAV | Revenue ₹ Cr |
|---|---|---|---|---|---|
| Eternal | 0.60 | 599.57 | 2.16% | 31.42 | 20,243 |
| Swiggy | (13.72) | – | -30.50% | 40.98 | 15,227 |
| Brainbees (FirstCry) | (4.11) | – | -26.63% | 91.00 | 7,660 |
| Nykaa | 0.23 | 1112 | 5.21% | 4.55 | 7,950 |
| Vishal Mega Mart | 1.40 | 107.14 | 9.85% | 13.92 | 10,716 |
- Kotak Mahindra Capital Company Ltd.
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KFin Technologies Ltd
Phone: 040-67162222 / 040-79611000
Email: [email protected]
Website: ipostatus.kfintech.com
Company: Meesho Ltd.
Email: [email protected]
Website: www.meesho.com
Founded in 2015, Meesho Ltd is India’s largest social commerce platform connecting buyers, sellers, logistics partners, and creators. It offers “Everyday Low Prices” across fashion, beauty, electronics, and home categories.
Uses AI/ML for personalized shopping and operates Valmo logistics network. As of 2025: 213.17 million annual active users and 575,465 active sellers.
Q. When does Meesho IPO open?
A. December 3, 2025
Q. Price band?
A. ₹105 – ₹111 per share
Q. Minimum lot?
A. 135 shares (₹14,985)
Q. Listing date?
A. December 10, 2025 on BSE & NSE
Q. Should I apply?
A. Only if you are a long-term aggressive investor comfortable with high risk and continued losses.