Meesho IPO Set To List On Wednesday: GMP Signals Up To 35% Gains — Should You Hold Or Book Profit?

Meesho Shares To List On NSE, BSE:  Meesho shares are expected to list with gains of up to 35 per cent when the company debuts on the NSE and BSE on December 10, according to grey market indicators and analyst projections.

Data from tracking platforms such as IPO Watch and Investorgain show the stock commanding an estimated 32–35 per cent premium in the unregulated market. Analysts, meanwhile, anticipate a listing pop of around 25–30 per cent and recommend a cautious post-listing strategy based on individual risk appetite.

The SoftBank-backed e-commerce company saw strong investor interest, with its initial public offering subscribed 79.02 times on the final day of bidding on Friday. Ahead of the issue opening, Meesho raised a little over Rs 2,439

crore from anchor investors.

What Should Investors Do?

Prashanth Tapse, Research Analyst at Mehta Equities, said short-term investors may consider booking profits on listing, while those with a higher risk appetite could hold the stock for 12–18 months. He highlighted Meesho’s strong positioning across categories such as fashion, home and kitchen, and beauty and personal care, along with its focus on unit economics that supports long-term scalability. “At the upper price band of Rs 111, the valuation appears reasonable relative to listed new-age technology peers,” he added.

Meesho operates an asset-light e-commerce platform centred on affordable lifestyle categories and connects consumers, sellers, logistics partners and content creators.

Narendra Solanki, Head of Fundamental Research – Investment Services at Anand Rathi Shares and Stock Brokers, said the company’s profitability will hinge on cost management and marketing efficiency. He advised investors who received allotments to book partial profits on listing and hold the remaining shares for long-term value creation.

The company plans to deploy IPO proceeds towards cloud infrastructure investments, marketing and brand initiatives, inorganic opportunities, and general corporate purposes.

About the Meesho IPO

The IPO was open for subscription from December 3 to December 5. Meesho raised Rs 5,421.20 crore through a mix of 38.29 crore fresh shares worth Rs 4,250 crore and an offer for sale of 10.55 crore shares aggregating Rs 1,171.20 crore. The price band was set at Rs 105–111 per share.

Kotak Mahindra Capital Co. acted as the book-running lead manager, while Kfin Technologies served as the registrar to the issue.