Meesho, a leading Indian e-commerce platform will open IPO for subscription on Wednesday, December 3, 2025 with an aim to raise ₹5,421.20 crores through a combination of a fresh issue and an offer for sale.
| Detail | Value/Info |
| IPO Open Date | Dec 3, 2025 |
| IPO Close Date | Dec 5, 2025 |
| Tentative Allotment Date | Dec 8, 2025 |
| Refunds initiation | Dec 9, 2025 |
| Shares credited to Demat | Dec 9, 2025 |
| Listing Date | Dec 10, 2025 |
| Price Range | ₹105–₹111 per share |
| Lot Size | ₹135 |
| Minimum Investment | ₹14,985 |
| Lead Manager | Kotak Mahindra Capital Co.Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing Exchanges | BSE, NSE |
Allocation
Allocation across investor categories follows the usual norms:
- Qualified Institutional Buyers (QIBs): Up to 75% reserved
- Non-Institutional Investors (NIIs): Up to 15%
- Retail Investors: Up to 10%
About Meesho Ltd.
Meesho Ltd. is a multi-sided technology platform incorporated in 2015 connecting consumers, sellers, logistics partners and content creators. The platform enables affordable e-commerce and supports a broad base of sellers and users. For the twelve months ended September 30, 2025, Meesho had:
- Annual Transacting Sellers: 706,471
- Annual Transacting Users: 234.20 million
- Employees: 2,082 full-time employees
- Logistics Network: Operates under Valmo, integrating third-party logistics partners.
Strengths
- Meesho mobile app supports 10 Indian languages (English, Hindi, Bengali, Tamil, Gujarati etc) with multi-modal search such as text, voice, image.
- The Company offers "Everyday Low Prices" via zero-commission for sellers and asset-light operations, driving revenue growth from ₹5,735 crore in FY23 to ₹9,390 crore in FY25.
Risks
- The company has been making losses almost every year - ₹3,941 crore in FY25, ₹327 crore in FY24, ₹1,671 crore in FY23.
- It has negative cash flow, which means it spends more money than it earns. In Apr–Jun 2025: ₹1,268 crore in FY23 ₹2,308 crore negative cash flow.
- Meesho does not handle most deliveries itself. It depends on outside logistics partners.
- Most of the orders are Cash on Delivery (CoD), which increases costs, failed deliveries and risks.
FAQs
Founded in 2015, managed by CEO Vidit Aatrey, headquartered in Bengaluru.
Open a free Demat account on platforms like Groww, Zerodha, Upstox, 5Paisa etc - apply via UPI or ASBA (via bank net banking).
Meesho IPO lot size is 135, and the minimum amount required for application is ₹14,985.
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