Meesho IPO Allotment Finalised; Focus Shifts to December 10 Listing

Meesho IPO Allotment LIVE Updates: The allotment for Meesho’s highly anticipated initial public offering has been finalised, with refunds and share credits scheduled for Tuesday, December 9. Allotted shares will be credited to investors’ demat accounts the same day. The stock is set to make its market debut on Wednesday, December 10, on both NSE and BSE.

The e-commerce major, backed by SoftBank, witnessed overwhelming demand, with the IPO oversubscribed 79.02 times on the final day of bidding, making it one of 2025’s most sought-after mainboard issues.

GMP Signals Strong Listing Premium

Meesho’s grey market premium (GMP) is currently around ₹39–₹42, indicating a potential listing price between ₹150–₹153 per share, about 35–38% above the issue price of ₹111.

Analysts project a debut in the ₹139–₹144 range, supported by strong subscription interest and the company’s asset-light, high-growth marketplace model. Short-term investors may consider booking profits on listing, while high-risk investors may hold the stock for 12–18 months.

Refunds and Share Credits

Refund initiation: December 9

Share credits to demat: December 9

Listing date: December 10

Investors can check allotment status through the portals of Kfin Technologies, NSE, or BSE by entering their PAN, application number, or demat details.

Subscription Breakdown

Meesho’s ₹5,421-crore IPO attracted massive demand across categories:

Total bids: 2,196 crore shares vs 26.86 crore offered

QIBs: 1,807 crore bids (vs 14.65 crore reserved)

Non-institutional investors: 291 crore bids (vs 7.32 crore reserved)

Retail investors: 97.14 crore bids (vs 4.88 crore reserved)

What’s Driving Interest?

Meesho’s rapid scale, zero-commission model, and dominance in value-driven markets have boosted investor confidence. The platform recorded:

199 million annual transacting users (FY25)

1.8 billion orders placed (FY25)

NMV of ₹29,988 crore, up 29% YoY

700,000+ annual transacting sellers

The company’s tech-driven operating model, strong order momentum, and efficient cash flow management continue to strengthen its competitive position.

Industry Outlook

India’s e-commerce market is valued at ₹6 trillion (US$70 billion) in GMV and is expected to grow to ₹15–18 trillion by FY2030, offering significant headroom for expansion, especially in non-electronics categories where penetration remains low.

Risks to Watch

Key challenges include:

Intense competition from Amazon, Flipkart, and offline retailers

Retaining both customers and sellers

Ensuring consistent product quality across a fragmented seller ecosystem

How to Check Meesho IPO Allotment

On Kfin Technologies:

Visit ipostatus.kfintech.com

Select “Meesho Limited”

Enter PAN, application number, or demat details

Submit to view allotment status

On NSE:

Visit the IPO allotment page

Enter PAN and application details

Submit to check status

On BSE:

Go to BSE’s allotment status page

Select ‘Equity’ → “Meesho Limited”

Enter PAN/application number

Submit