Meesho ₹5,421.20 Crore IPO Opens 3 December 2025: Price Band Set at ₹105-₹111 per Share
By Shishta Dutta | Updated at: Dec 1, 2025 04:57 PM IST

Mumbai, 1 December 2025:SoftBank backed e-commerce platform Meesh͏o ͏is ͏poised to ͏open its ͏initial public offering (IPO)͏ from 3 December 2025, a ͏huge milestone for one of India’s leading digital commerce ͏players. The book-build offer size is ₹5,42 1.20 cror͏e. This includes a fresh issue of 38.29 crore equity shares aggregating to ₹4,25 0.00 crore and an offer for sale of up to 10.55 crore shares aggregating to ₹1,171.20 crore.
Meesho is a multiplatform that connects buyers, sellers, logistics partners, and content creators. It was founded in 2015. ͏It Operates a marketplace where individuals can buy and sell goods, and services such as order fulfillment, advertising ͏and analytics for sellers. The company also operates Valmo, a digital financial services platform; and premium logistics services. M͏eesho had 706,471 annual transacting sellers and 23͏4.20 million annual transacting users as of 3͏0 September 2025, illustrating sustained ͏growth in its operations.
Meesho IPO Structure
Meesho IPO is a book build issue of ₹5,421.20 crores. The issue is a combination of fresh issue of 38.29 crore shares aggregating to ₹4,250.00 crores and offer for sale of 10.55 crore shares aggregating to ₹1,171.20 crores.
Meesho IPO opens for subscription on December 3, 2025 and closes on Dec 5, 2025. The allotment for the Meesho IPO is expected to be finalized on December 8, 2025. Meesho IPO will list on BSE and NSE, with a tentative listing date fixed as December 10, 2025.
The IPO price band is set at ₹105.00 to ₹111.00 per share. The lot size for an application is 135. The minimum amount of investment required by an retail is ₹14,985 (135 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,890 shares), amounting to ₹2,09,790, and for bNII, it is 67 lots (9,045 shares), amounting to ₹10,03,995.
Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
26% Revenue R͏ise While PAT Reduce Decline Amid Strategic Investments
For FY25, Meesho reported total income of ₹9,900.90 crore, compared with ₹7,859.24 crore in FY24, a rise of 26% year-on-year driven by increasing order volumes and an expanding user base. Profit after tax (PAT) declined to -₹3,941.71 crore, on account of major strategic investment in technology, logistics infrastructure, and marketing initiatives. EBITDA improved slightly to -₹219.59 crore from -₹230.15 crore, while net worth stood at ₹1,561.88 crore, exhibiting a transient impact of cash deployment on profitability.
Meesho IPO Objectives Focus on Technology, Talent, Marketing and Strategic Expansion.
Proceeds from the fresh issue will fund
- Investment for cloud infrastructure, in MTPL, our Subsidiary ₹1390 crore
- Payment of salaries of the existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by MTPL, the Subsidiary₹480 crore
- Investment in MTPL, our Subsidiary, for expenditure towards marketing and brand initiatives ₹ 1020 crore
- Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes
The Meesho IPO is a major advancement for India’s e-commerce industry. The trade sector provides you with market trends about multi-sided digital platforms, rapidly expanding online marketplaces, and technology-based logistics and financial services. Investors and market watchers can track the listing timeline, allotment updates to gauge demand dynamics and the evolving digital commerce ecosystem.
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