Meesho IPO: Date, Price Band, & Company Details
Meesho, one of India's largest homegrown e-commerce platforms, is set to launch its highly anticipated Initial Public Offering (IPO) on December 3, 2025. The public issue, which will close on December 5, 2025, aims to raise Rs 5,421.20 crore through a combination of a fresh issue of shares and an Offer for Sale (OFS).?
About Meesho
Founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, Meesho has revolutionised the Indian e-commerce landscape with its unique "everyday low prices" model. The platform is designed to make e-commerce affordable and accessible, particularly catering to the value-conscious consumer segments in Tier 2 and Tier 3 cities.
Key Business Highlights
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Market Position: At the upper price band, the company targets a valuation of nearly Rs 50,000 crore, cementing its status as one of India's largest homegrown tech listings.?
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Strong User Growth: Meesho has demonstrated impressive scale, with its annual transacting users growing from 13.64 crores in FY23 to 19.88 crores in FY25. This growth of ~46% significantly outpaces the broader e-commerce market growth in India.?
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Financial Performance: The company's revenue from operations surged from Rs 5,734.52 crore in FY23 to Rs 9,389.90 crore in FY25, driven by its expanding user base and platform efficiency.?
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Zero-Commission Model: A key differentiator is its zero-commission model for sellers, which reduces costs and enables a wide assortment of affordable products, ranging from unbranded goods to regional and national brands.?
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Technology-First Approach: Meesho leverages AI/ML-led algorithms to provide a personalised, discovery-led shopping experience, akin to offline window shopping, making it highly engaging for users.?
Meesho IPO Details (2025)
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IPO Open Date: December 3, 2025
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IPO Close Date: December 5, 2025
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Listing Date: December 10, 2025 (Tentative)
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Price Band: Rs 105 – Rs 111 per share
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Issue Size: Rs 5,421.20 crore
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Fresh Issue: Rs 4,250 crore
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Offer for Sale (OFS): Up to 10.55 crore equity shares (aggregating to approximately Rs 1,171.20 crore)
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Lot Size: 135 Shares
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Minimum Investment (Retail): Rs 14,985 at the upper price band
IPO Structure & Utilisation
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Offer for Sale: The OFS component comprises up to 105,513,839 equity shares, allowing existing shareholders to monetise their stakes.?
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Use of Proceeds: The fresh capital raised (Rs 4,250 crore) is expected to be used for tech-led expansion and to further strengthen its platform capabilities, although specific details on utilization would be in the RHP.?
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Reservation: The issue is structured with a reservation of 75% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 10% for Retail Investors, reflecting a strong focus on institutional participation.?
Key Dates & Timeline
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Anchor Investor Bidding: December 2, 2025
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IPO Opening: December 3, 2025
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IPO Closing: December 5, 2025
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Allotment Finalization: December 8, 2025
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Listing on BSE & NSE: December 10, 2025
Frequently Asked Questions (FAQs) about Meesho IPO
Q1: When is the Meesho IPO scheduled to open?
The IPO will be open for subscription from December 3 to December 5, 2025.?
Q2: What is the issue size and price band for the Meesho IPO?
The total issue size is Rs 5,421.20 crore, and the price band has been set at Rs 105 to Rs 111 per share.?
Q3: What is the minimum investment required for retail investors?
Retail investors need to apply for a minimum of one lot (135 shares), which amounts to Rs 14,985 at the upper price band of Rs 111.?
Q4: What makes Meesho's business model unique?
Meesho operates on a zero-commission model for sellers and focuses on providing "everyday low prices" to value-conscious consumers, particularly in smaller cities, using a personalised, discovery-led feed.?