Meesho IPO Price Band Announced: Rs 5,421 Cr Issue Opens Next Week, GMP Shows 30% Gain

Meesho IPO GMP, Meesho IPO Price Band: E-commerce player Meesho is gearing up to launch its initial public offering (IPO) in the first week of December. This marks one of the last major public issues of 2025. The Rs 5,421.05 IPO comprises a fresh issue of Rs 4,250 crore and an offer for sale of 10.55 crore shares.

The company has announced a price band in the range of Rs 105-111 per share, putting the e-commerce value at nearly Rs 50,096 crore at the upper end.

Meesho has substantially trimmed OFS part of its IPO, which is almost 40 per cent down from earlier planned of 17.57 crore shares.

Meesho IPO Key Dates

The three-day subscription window for Meesho IPO will open between Wednesday, December 03 and Friday, December 05. The allotment of unlisted shares will likely

be concluded on Monday, December 08, 2025, while listing on BSE and NSE will likely happen on Wednesday, December 10, 2025.

Meesho IPO GMP Today

Investors are now looking at grey market premium to gauge the interest in the long-awaited IPO.

According to market observers, unlisted shares of Meesho Ltd are currently trading at Rs 144 apiece in the grey market, against the upper IPO price of Rs 111. It means a grey market premium (GMP) of nearly 30%, indicating strong listing gains.

The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.

Meesho IPO Details

The offer for sale comprises of equity shares by Elevation Capital V Limited, Peak XV Partners Investments V, Highway Series 1, a Series of Venture Highway SPVs LLC, Y Combinator Continuity Holdings I, LLC, Golden Summit Limited, VH Capital, VH Capital XI (Corporate Selling Shareholders), Vidit Aatrey, Sanjeev Kumar (Promoter Selling Shareholders) and Man Hay Tam (Individual Selling Shareholder).

The Company proposes to utilize the Net Proceeds towards funding the following: investment for cloud infrastructure in
Meesho Technologies Private Limited, the Subsidiary; payment of salaries of existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by Meesho Technologies Private Limited, the Subsidiary; investment in Meesho Technologies Private Limited, the Subsidiary, for expenditure towards marketing and brand initiatives; and funding inorganic growth through acquisitions and other strategic initiatives as well as general corporate purposes.

Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Private Limited, Axis Capital Limited and Citigroup Global Markets India Private Limited are the Book Running Lead Managers to the issue.

Meesho Details

Meesho’s business model is different from other e-commerce players. It operates an asset-light business model. The company does not manufacture or sell private label products, own product inventory, or maintain logistics infrastructure.

Incorporated in 2015, Meesho has established itself as a prominent e-commerce player, competing in a cut-throat turf.

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