M

Meesho

Book Building issueMainboardNSE₹5,421 Cr issue
+45.23%
Listing gain over issue price
Issue size
₹5,421 Cr
1 lot at cut-off
₹14,985
Lot size
135shares
Open
03 Dec 2025
Close
05 Dec 2025
Allotment
08 Dec 2025
Listing
10 Dec 2025

Listing performance

Issue price
₹111
Listed at
₹161.2
Listing-day close
₹170.2
Latest price
₹190.95
Listing gain
+45.23%
Return since listing
+72.03%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    03 Dec 2025
  2. Close
    05 Dec 2025
  3. Allotment
    08 Dec 2025
  4. Refund
    09 Dec 2025
  5. Demat credit
    09 Dec 2025
  6. Listing
    10 Dec 2025

Grey market premium

Unofficial and indicative — not a forecast

₹42

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
10 Dec 2025₹42+37.84%₹4,300₹153₹5,670
09 Dec 2025₹36+32.43%₹3,700₹147₹4,860
08 Dec 2025₹39+35.14%₹4,000₹150₹5,265

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
03 Dec 2025 – 05 Dec 2025
Listing date
10 Dec 2025
Face value
₹1 per share
Issue price
₹111 per share
Lot size
135 shares
Issue type
Book Building issue
Listing at
NSE
Total issue size
₹5,421 Cr
Market cap at offer price
₹50,096 Cr
Promoter holding
18.51% → 14.60% pre-issue → post-issue
ISIN
INE0VDM01015
Registrar
Kfin Technologies Ltd.
Lead managers
Kotak Mahindra Capital Co.Ltd.
Registered office
3rd Floor, Tower E, Helios Business Park, Chandana, Kadabeesanahalli, Karnataka

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB21,97,78,524
Market maker 0

Application size

Minimum 135 shares per lot, in multiples, at ₹111

ApplicationLotsSharesAmount
Retail (min)1135₹14,985
Retail (max)131,755₹1,94,805
S-HNI (min)141,890₹2,09,790
S-HNI (max)668,910₹9,89,010
B-HNI (min)679,045₹10,03,995

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
21,97,78,524
Anchor portion
₹2,440 Cr
at ₹111 per share

Valuation and performance

Valuation at offer price

₹111 per share

MetricPre-issuePost-issue
EPS (₹)-9.54-3.11
Price to book (×)30.16
Market cap₹50,096 Cr

No price-to-earnings multiple is shown: the company reported a loss, and an earnings multiple struck on negative earnings would read as a cheap valuation while meaning the opposite.

Key performance indicators

Latest reported period

Return on net worth
-252.37%
NAV per share
₹3.68
Price to book
30.16

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.