Meesho IPO Day 1: GMP Rises, Issue Fully Subscribed — Should You Apply?
Meesho's IPO Day 1 attracted great interest as it got fully subscribed and the GMP went up to ₹47. Get all the information regarding the price range, lot size, subscription status, allotment date, and expert recommendations. Should you take part? Read the Full analysis here.
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The Meesho IPO debuted powerfully in the Indian primary market, drawing good interest from investors on Day 1. The start-up of e-commerce, which is famous for its commission-free model, had its issue fully taken up in the course of the very first day of the auction. Simultaneously, the Grey Market Premium (GMP) was still rising, which meant that the market was expecting good listings.
As per the market analyzers, Meesho shares in the grey market are now quoted for ₹47 more than the price of ₹42 yesterday. This increase in GMP points to a growing number of buyers and retail plus HNI investors having a good vibe about the stock.
The Meesho IPO got open for institutional subscription on 3rd December 2025 and the retail subscription period is till 5th December 2025. It has announced that the price range for the shares is going to be between ₹105 and ₹111 per share. The total amount that Meesho will be receiving is ₹5,421.20 crore; the amount of cutting-edge issue is ₹4,250 crore, and the shares that are being sold in the market come to ₹1,171.20 crore. The stock is intended to be listed on the Bombay Stock Exchange and National Stock Exchange.
Status of Meesho IPO Subscription (Day 1 at 4:03 PM)
• Total subscription: 2.21 times
• Retail investors: 3.57 times
• Non-institutional investors: 1.47 times
• Qualified Institutional Buyers: 2.12 times
That the shares were very much in demand on the opening day is an indication that the investors have confidence in the growth potential of Meesho and the business model.
Highlights of Meesho IPO
The starting GMP of the Meesho IPO today is ₹47, which is an increase from yesterday's ₹42.
The dates of the IPO: It opens from December 3 to December 5, 2025.
Price range: ₹105–₹111 for each share.
The issue size overall: ₹5,421.20 crore.
Fresh issuance: ₹4,250 crores
The sale of shares (OFS): ₹1,171.20 crores
Size of the lot: One lot contains 135 shares.
The date of allotment: Probably on 6 December 2025 or 8 December if delayed.
Registrar: KFin Technologies.
Main managers: Kotak Mahindra Capital, JP Morgan India, Morgan Stanley India, Axis Capital, Citigroup Global Markets India.
Date of listing: Anticipated on 10 December 2025.
Should You Apply for the Meesho IPO? Expert Opinions
Master Capital Services
Experts suggest a long-term commitment to the Meesho IPO. The low-price, large-seller network, and AI-based product development are some of the key strengths. They consider the IPO the beginning of a promising long-term opportunity.
Swastika Investmart
The recommendation from the analysts at this firm is to subscribe for both listing gains and long-term returns. The main reason behind their opinion is the stronghold of Meesho in Tier-2 and Tier-3 cities where it is quite hard for big players such as Amazon and Flipkart to get in.
Moreover, Meesho has achieved Free Cash Flow positive in FY25 already. The valuation of approximately $6 billion (₹50,000 crore), trading at more than 5.5 times Price-to-Sales, the IPO is still quite attractively priced when compared to the likes of Zomato.
Other Brokerage Firms Agree
ICICI Direct, SBI Securities, Ventura Securities, and Marwadi Financial Services have all assigned the rating of "Subscribe" to the Meesho IPO.
Final Verdict
Meesho IPO is gaining momentum from increasing GMP, solid subscription figures on the first day, and the concurrence of recommendations from multiple brokerages to “Subscribe”. The Meesho IPO is one of the most sought-after offerings to the market in 2025. Perhaps, long-term optimistic investors could give this IPO a thought if they are interested in the rapidly expanding e-commerce sector.
