Meesho Shares Make A Strong D-Street Sebut, List At 46% Premium Over IPO Price; Buy, Sell Or Hold?

Meesho Listing Price Today: E-commerce platform Meesho delivered a stellar debut on the stock exchanges on Wednesday, listing at a 46 per cent premium over its IPO price. The company’s initial public offering, which was open for subscription between December 3 and 5, saw strong investor interest, getting subscribed 79 times in the primary market.

On the National Stock Exchange (NSE), Meesho shares listed at Rs 162.50 per share, marking a 46.4 percent premium over the upper end of the issue price band set at Rs 105–111. On the BSE, the stock debuted at Rs 161.20 per share, a premium of 45.23 per cent. Following the listing, Meesho’s market capitalisation stood at Rs 72,751.67 crore.

The company’s market debut surpassed expectations from the grey

market, which had projected listing gains of around 29 per cent.

At the listing ceremony, Meesho MD & CEO Vidit Aatrey said, “Bharat today has arrived on Dalal Street.” He added that while stock prices may fluctuate, the company’s long-term vision will remain steady. Aatrey also emphasised Meesho’s commitment to operating with transparency and accountability, expressing gratitude to his parents, the company’s employees, and all stakeholders. He reiterated that Meesho will continue to expand and deepen its connection with millions of customers and sellers across the country.

Meesho IPO received 2.35 times subscription on the first day of share sale on December 3, helped by across-the-board investors’ participation. Earlier, it garnered a little over Rs 2,439 crore from anchor investors.

Meesho share price listing today: Should you buy, sell or hold?

Meesho has successfully carved out a niche in Tier-2/3 cities where Amazon and Flipkart struggle to penetrate deeply.

Shivani Nyati, Head of Wealth at Swastika Investmart, noted “Meesho has turned Free Cash Flow (FCF) positive in FY25, even though reported Net Profit is still negative due to one-off items. At a valuation of Rs 50,000 crore, it is priced at roughly 5.5x Price-to-Sales (FY25). This is attractive compared to Zomato (trading often at >10x Sales). It has “scarcity premium” as it is the only pure-play “value e-commerce” stock in India.”

“With its focus on value, scalability and growing user adoption, the overall outlook appears positive. Investors can hold for medium to long term,” added Mahesh M Ojha, VP – Research & Business Development at Kantilal Chagganlal Securities Pvt Ltd.

Meesho plans to utilise proceeds for investment in cloud infrastructure, marketing and brand initiatives, as well as funding inorganic growth through acquisitions and other strategic initiatives, and general corporate purposes.

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