Meesho IPO Opens: Should You Apply? Here’s What To Know

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Geojit Report

Meesho Ltd., India’s leading zero-commission e-commerce platform, has launched its highly anticipated initial public offering today.

The issue, which opened on December 3, 2025, will close on December 5, 2025, and is expected to draw significant investor attention given the company’s strong growth trajectory and unique business model.

Issue Details

The IPO comprises of fresh issue up to Rs 4,250 crore and an offer for sale (OFS) of Rs 1,171.2 crore, aggregating to a total issue size of Rs 5,421.2 crore at the upper price band.

The price range has been fixed at Rs 105 to Rs 111 per equity share, with a face value of Rs 1.

The shares of Meesho will be listed on both the National Stock Exchange and the BSE.

The bid lot is 135 shares, translating to a minimum retail application amount of Rs 14,985 at the upper price band. Retail investors can apply for up to 13 lots, amounting to Rs 1,94,805.

Kotak Mahindra Capital Company Ltd., J.P. Morgan India Private Ltd., Morgan Stanley India Company Private Ltd., Axis Capital Ltd., Citigroup Global Markets India Private Ltd. are the book running lead managers for the public issue while KFin Technologies Pvt. Ltd. is the registrar to the offer.

Purpose of IPO

Proceeds from the fresh issue will be utilized for:

• Investment in cloud infrastructure for subsidiary MTPL.

• Marketing and branding expenses.

• Funding acquisitions and general corporate purposes

• Salaries for machine learning, AI, and tech teams

Key strengths:

• Platform is built on multiple scaled self-reinforcing flywheels.

• Technology-first approach with focus on AI driven solutions.

• Delivering ‘everyday low prices’ for consumers tion.

Key strategies:

• Increase consumer base and transaction frequency by expanding product listing and seller base.

• Invest further in technology, product development and enhance AI capabilities.

• Deepen ability to make e-commerce affordable and accessible.  Increase cash flow generation by enhancing platform monetiza

Key Risks

• High cash on Delivery orders increase risk of operational inefficiencies and low order fulfilment.

• Any termination or disruption in the services provided by logistics partners, could result in delays in order fulfilment.

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