
E-commerce / Internet-Services · NSE / BSE
Meesho Limited, founded in 2015, is a technology-driven e-commerce platform in India that connects consumers, sellers, logistics partners, and content creators through its marketplace app. It offers affordable products to customers while giving sellers a low-cost way to grow their business. The company operates two segments: its main marketplace, which earns revenue by providing services like order fulfillment, advertising, and seller tools, and new initiatives such as a budget-friendly logistics network for essentials and digital financial services. Meesho has seen strong growth, with a large and expanding base of active users and sellers across the country. Its logistics operations, managed under the brand Valmo along with third-party delivery partners, help ensure fast fulfillment throughout India. As of June 30, 2025, the company employed over 2,000 full-time staff and additional contract workers, continuing to focus on cost efficiency and technology-led innovation to strengthen and expand its digital ecosystem.
Price Band
₹105 – ₹111
Issue Size
₹5421 Cr
Lot Size
135 shares
GMP
+31.5%
Est. Listing
₹146
at current GMP
Subscribed
81.78x
overall
Open
3 Dec 2025
Close
5 Dec 2025
Allotment
8 Dec 2025
Refund
9 Dec 2025
Demat Credit
10 Dec 2025
Listing
10 Dec 2025
Overall Subscription
81.78x
Total Demand
QIB Multiplier
123.34x
Institutions & Funds
NII / HNI
39.87x
High Net-Worth
Retail (RII)
19.94x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 146,519,017 | 18,071,742,600 | 123.34x |
| NIB | 73,259,508 | 2,921,108,400 | 39.87x |
| HNIs(10L +) | 48,839,672 | 2,131,414,155 | 43.64x |
| HNIs (2-10L) | 24,419,836 | 789,694,245 | 32.34x |
| RETAIL | 48,839,672 | 973,851,255 | 19.94x |
| Total | 341,877,705 | 24,887,810,655 | 81.78x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 361,775 | 5,718,213 | 15.81x |
| HNIs(10L +) | 25,841 | 222,678 | 8.62x |
| HNIs (2-10L) | 12,921 | 398,160 | 30.81x |
| Total Applications | 400,537 | 6,339,051 | 15.83x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Meesho Limited is bringing an initial public offering (IPO) in the E-commerce / Internet-Services sector with an aggregate issue size of ₹5,421.2 Crores. The shares are offered at a price band of ₹105 to ₹111 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-12-05, the basis of allotment is scheduled to be finalized on 2025-12-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Meesho Limited IPO is ₹35 per equity share. Based on the upper price band of ₹105 to ₹111 per equity share, the estimated listing price is ₹146 (+31.5% expected listing gain).
With a lot size of 135 shares and current GMP of ₹35, the expected profit per application lot is approx ₹4,725 (+31.5% gain). Minimum application cost is approx ₹14,985.
The Meesho Limited IPO aggregate issue size is ₹5,421.2 Crores with an equity price band set at ₹105 to ₹111 per equity share. The retail lot size is 135 shares requiring a minimum capital outlay of approx. ₹14,985.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 81.78x (Retail: 19.94x, QIB: 123.34x, NII: 39.87x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-12-08. Investors can verify status using PAN card or application number.
Meesho Limited shares are scheduled to list on NSE and BSE on 2025-12-10.