Meesho IPO is a book-built issue worth ₹5,421.20 crore. The issue comprises a fresh issue of 38.29 crore equity shares aggregating to ₹4,250.00 crore and an offer for sale of 10.55 crore equity shares aggregating to ₹1,171.20 crore.
The IPO opens for subscription on December 3, 2025, and closes on December 5, 2025. The allotment is expected to be finalised on December 8, 2025, with tentative listing on the BSE and NSE scheduled for December 10, 2025.
The issue is priced in a band of ₹105 – ₹111 per share. Retail investors must apply for a minimum of 1 lot containing 135 shares, requiring an investment of ₹14,985 at the upper price band.
For sNII investors, the minimum application size is 14 lots (1,890 shares) amounting to ₹2,09,790, while bNII investors must apply for a minimum of 67 lots (9,045 shares) totalling ₹10,03,995. Kotak Mahindra Capital Co. Ltd. is the book-running lead manager to the issue, and Kfin Technologies Ltd. is the registrar.
For detailed information on financials, business operations, and associated risks, investors are advised to refer to the Meesho IPO RHP.
Industry Outlook
- India’s e-commerce sector is expanding rapidly, driven by digital adoption, wider internet access, and growing value-seeking consumer behaviour.
- Redseer Report notes strong growth supported by smartphone penetration, online payments, and increased participation from both urban and non-urban regions.
- Sector growth is powered by a diverse ecosystem including consumers, sellers, logistics players, and content creators.
- Value-focused platforms are gaining traction as online shoppers prioritise affordability, convenience, and wide product assortments.
- Demand for unbranded and regional products continues to rise among cost-conscious buyers.
- Logistics and fulfilment capabilities are improving but still face challenges such as supply chain disruptions, last-mile constraints, labour shortages, and rising operational costs.
Meesho IPO Objectives
The company proposes to utilise the net proceeds from the IPO for the following objectives:
- Fund customer acquisition and retention efforts to expand the user base and strengthen engagement across key consumer segments.
- Enhance brand visibility and deepen market penetration to reinforce Meesho’s positioning as a value-focused e-commerce platform.
- Invest in brand-building and marketing activities to support sustained growth, with deployment across media channels guided by campaign goals, target geographies, expected reach, and overall marketing strategy.
- Improve awareness and trust among stakeholders through focused marketing and communication initiatives.
- Strengthen the balance sheet for general corporate purposes such as scaling technology infrastructure, optimising operations, and supporting ongoing business needs aligned with long-term strategic plans.
- Enable financial flexibility to support the continued expansion of Meesho’s core marketplace operations.
About Meesho Limited
Meesho Limited was originally incorporated on March 1, 2024, under the Companies Act, 2013. The company underwent a restructuring through a Composite Scheme of Arrangement involving Meesho Technologies Private Limited, Meesho Grocery Private Limited, and Meesho Inc., pursuant to an order of the National Company Law Tribunal dated May 27, 2025.
Meesho operates as a multi-sided technology platform that brings together consumers, sellers, logistics partners and content creators. Its e-commerce marketplace, run under the brand name Meesho, has emerged as India’s largest platform in terms of Placed Orders and Annual Transacting Users for the twelve-month period ended June 30, 2025, according to the Redseer Report.
The company is focused on delivering ‘Everyday Low Prices’ through a value-centric approach supported by a technology-first operating model, an asset-light structure, and scaled efficiencies in fulfilment. Its platform enables sellers to offer a wide assortment of branded, regional and unbranded products, catering to diverse consumer needs across India. Meesho has embedded trust-building mechanisms across the shopping journey, supported by extensive consumer-generated content including ratings, reviews, images and videos. As of June 30, 2025, the platform had recorded 1,152.09 million ratings, 346.09 million reviews, and 76.09 million consumer-generated images and videos.
The company leverages data-driven product quality controls, AI/ML-powered personalisation models, and a high-velocity experimentation platform known as Abacus, which supported an average of 432.67 concurrent experiments per month during the three-month period ended June 30, 2025. This innovation framework enables continuous optimisation of user experiences and operational efficiency.
How To Check the Allotment Status of the Meesho IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for Meesho IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Meesho IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Meesho IPO
Registered Office: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village, Varthur Hobli, Outer Ring Road, Bengaluru 560103, Karnataka, India.
Phone: +91 9108021923
E-mail: cs@meesho.com
