Meesho IPO Set to Open on December 3: Key Dates, Price Band, GMP, and Full Review
Meesho IPO opens on December 3, 2025. Check full details including price band, GMP, key dates, objectives, allotment, listing, review, and financials before investing.
Meesho is set to open its IPO on December 3, with a price band of ₹105–₹111 per share and strong investor interest.
E-commerce giant Meesho has set 3rd December 2025 as the date for its Initial Public Offering (IPO) targeted at primary market investors. The company is planning to raise funds through a combination of fresh issue and offer for sale (OFS), realizing much more in technology and marketing capabilities. 10 key things on need to know basis about the company before considering its IPO.
Meesho IPO: 10 Things Investors Should Know
1. IPO Opening and Closing Dates
The Meesho IPO will open for subscription on Wednesday, December 3, 2025, and close on Friday, December 5, 2025, completing a three-day bidding period.
2. Offer Structure
The IPO comprises:
Fresh issue: 38.29 crore shares worth ₹4,250 crore
Offer for sale (OFS): 0.55 crore shares amounting to ₹1,171.20 crore
In total, Meesho aims to raise approximately ₹5,421.20 crore.
3. OFS Participants
Several investors will offload their stake, including:
Elevation Capital, Peak XV Partners, Vidit Aatrey, Sanjeev Kumar, Venture Highway, Golden Summit Ltd, Y Combinator Continuity, Man Hay Tam, Sarin Family India, and Gemini Investments.
4. Price Band & Lot Size
The company has set the price band at ₹105–₹111 per share, with a face value of ₹10.
Minimum lot size: 135 shares per lot.
5. IPO Objectives
Meesho plans to utilize the IPO proceeds for:
₹1,390 crore for cloud infrastructure via Meesho Technologies Pvt. Ltd.
₹480 crore toward salaries for AI, ML, and tech teams.
₹1,020 crore for marketing, branding, and strategic acquisitions.
Remaining funds for general corporate needs.
6. Anchor Book Date
The anchor investor bidding will take place on Tuesday, December 2, 2025, one day before the IPO opens to the public.
7. Allotment & Listing Timeline
Allotment: Monday, December 8, 2025
Listing: Wednesday, December 10, 2025 on BSE and NSE
8. Lead Managers & Registrar
Kotak Mahindra Capital, JPMorgan India, Morgan Stanley India, Axis Capital, and Citigroup Global Markets India are the book-running lead managers.
KFin Technologies is the registrar.
9. Grey Market Premium (GMP)
As of December 1, 2025, the GMP for the Meesho IPO is ₹42 per share.
With an upper price band of ₹111, the estimated listing price may be around ₹153, reflecting a 38% premium in the grey market.
10. Financial Review
Net loss narrowed to ₹700.71 crore in April–September FY26, compared to ₹2,512.89 crore a year earlier.
Revenue from operations rose to ₹5,577.53 crore in H1 FY26, from ₹4,311.28 crore in H1 FY25.
Net worth declined to ₹968.87 crore in the first half of FY26 from ₹2,277.29 crore in the previous year.
