Kolkata: Meesho, the e-commerce marketplace, had two successful days of bidding on Dec 3 and 4. At the end of the second day of bidding, Meesho IPO was subscribed 8.28 times — 9.65 times in the retail category, 7.15 times in QIB (Ex Anchor) category and 9.63 times in the NII category. While the retail investor participation is high, the QIB enthusiasm should also be noted. QIB or Qualified Institutional Bidders are a significant class of investors as these are institutions like banks, AMCs and insurance companies. They have the big money to invest and requisite skills to analyse a public issue threadbare. The Meesho IPO is one of the last big public issues of 2025, a year with a deluge of IPOs.

Meesho IPO GMP

A recorded by investorgain, Meesho IPO GMP in early morning of Dec 5 stood at Rs 49.5. This is a rise compared to the level of Rs 45 which was seen in early morning of Dec 4. Considering a price of Rs 111, Meesho shares can have an estimated listing price of Rs 160.50 and the listing gain indicated is 44.59%. However, it must be remembered GMP is an unofficial indicator that changes with time and cannot guarantee any listing gain or loss.

Meesho IPO price band, lot size, allotment

The Meesho IPO price band has been fixed at Rs 105-111. A retail investor must apply for a minimum lot is 135 shares for which at least Rs 14,985 is required, and the calculation is based on upper end of the price band. The lot size investment for sNII investors is 1,890 shares and that for bNII investors is 9,045 shares. Kotak Mahindra Capital has been appointed the lead manager and Kfin Technologies the registrar of the issue.

IPO closes: Dec 5
Cut-off time for UPI mandate confirmation: 5 pm today
Allotment: Dec 8
Refunds: Dec 9
Credit of shares to demat: Dec 9
Listing: Dec 10, 2025

Meesho’s business

Meesho was established 2015 and it has flourished as a tech-driven platform connecting consumers, sellers, logistics partners and content creators. It enables consumers to access affordable products while offering sellers a low-cost platform to sell. For the year ending on September 30, 2025, Meesho had 706,471 sellers and 234.20 million annual transacting users. One of the significant points is the level of competition Meesho faces. Its business model is unique and there are no listed company which is a direct competitor to this startup. Its user base is very large but average order value is low.

(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, INVITs, any form of alternative investment instruments and crypto assets.)