Meesho IPO Debuts with 45% Premium on NSE and BSE
Meesho, the popular e-commerce platform, marked a remarkable entry into the stock market on December 10. The company's shares opened at Rs 162.50 on the National Stock Exchange (NSE), reflecting a substantial premium of Rs 51.50, or 46.40%, over the initial public offering (IPO) price of Rs 111 per share. On the Bombay Stock Exchange (BSE), the shares recorded a slightly lower premium, opening at Rs 161.20, which is a 45.23% increase over the issue price.
The IPO was available for subscription from December 3 to December 5, successfully raising a total of Rs 5,421.20 crore. This amount comprised a combination of fresh equity and an offer for sale (OFS). Specifically, Meesho issued 38.29 crore new shares valued at Rs 4,250 crore and offered 10.55 crore shares under the OFS component, amounting to Rs 1,171.20 crore. The pricing band for the shares was set between Rs 105 and Rs 111.
On December 8, share allotment was finalized, with Kotak Mahindra Capital Co. serving as the book-running lead manager, while Kfin Technologies acted as the registrar. The funds raised through the IPO are earmarked for enhancing cloud infrastructure, upgrading artificial intelligence capabilities, and expanding marketing efforts to strengthen the brand. Additionally, Meesho will focus on expanding its platform to reach more customers.
Meesho has been proactive in widening its offerings. The company has introduced budget-friendly local logistics solutions for daily essentials, making it easier for consumers to access products. Moreover, it is venturing into digital financial services, which is expected to provide a comprehensive ecosystem for both buyers and sellers.
As of September 30, 2025, Meesho has successfully attracted 706,471 annual transacting sellers and 234.20 million annual transacting users. This impressive user engagement indicates robust growth and a deeper reach in the Indian market. The strong debut on the stock exchange not only reflects investor confidence but also highlights Meesho’s potential for further growth in the competitive e-commerce landscape of India.
