Meesho Share Price Live: Meesho IPO dazzles with 46% NSE listing gains - What should investors do next?

Meesho shares made a bumper stock market debut to list at 46 percent premium over its initial public offer (IPO) price on Wednesday. The issue was subscribed 79 times in the primary market between December 3-5. On the BSE, the shares of the company were listed at Rs 161.20 per share, a premium of 45.23 percent. The company's market capitalization post listing of shares stood at Rs 72,751.67-crore. (Read More)

Early investors and founders of value-focused e-commerce major Meesho are staring at windfall gains after the company set its price band at Rs 105–111 a share, valuing the platform at nearly Rs 50095.75 crore (based on basic outstanding shares) at the upper end. On November 21, Moneycontrol was the first to report that value-focused e-commerce major Meesho, which competes with Walmart's Flipkart and Amazon, was targeting a post-money valuation of around $5.93 billion or Rs 52,500 crore (considering fully diluted shares ) for its proposed initial public offer. (Read More)

'Bharat today has arrived on Dalal Street,' says Meesho MD & CEO Vidit Aatrey at listing ceremony. He also says that stock prices may go up and down but the company's vision will remain a straight line. He also said that Meesho take s pledge to govern with transparency and accountability. Thanking everyone, from his parents to his team members, the Meesho CEO added that the company will continue to grow and connect with millions of customers and buyers.

Despite the industry-wide debate over fairness in anchor allotments, data from Meesho's anchor book suggests that the allocations are too small relative to scheme sizes to materially move fund NAVs. Among domestic mutual funds, the highest anchor exposure was in Invesco Technology Fund, where the allocation accounted for 2.97% of scheme AUM. Motilal Oswal Consumption Fund followed at 2.50%. Even in SBI Mutual Fund's case - despite the noise around its larger slice of the anchor book - the most aggressive exposure was in SBI Innovation Opportunities Fund at 1.99% of assets. Other schemes that took positions of over 1% of AUM included Invesco India Consumption Fund, SBI Consumption Opportunities Fund, Franklin India Technology Fund and Motilal Oswal Focused Fund. (Read More)

Meesho Ltd (MEESHO | 544632 | INE0VDM01015) is showing a strong pre-open trend on the BSE, with an indicative price of Rs 150 — a gain of Rs 39 or 35.14%. The pre-open indicative quantity stands at 26,06,934 shares as the stock prepares to list shortly.

Meesho operates a wide-reaching online marketplace that connects different corners of India's expanding digital commerce space. The platform links everyday shoppers with thousands of small sellers and relies on delivery partners to complete last-mile fulfilment. It also supports a growing base of digital creators who promote products and help sellers reach new customers. Together, these groups form the backbone of Meesho's low-cost, high-volume e-commerce model.

Motilal Oswal noted that the company's focus on affordability and purchase frequency creates a strong structural moat that traditional e-commerce players will find difficult to replicate. At 4.5x Price/Sales (Q2FY26 annualised and diluted), the valuation appears reasonable compared to the sector average of 7x P/S. The brokerage has therefore recommended investors to "Subscribe" to the issue.

Meesho's pre-open indicative price on BSE is Rs 111, with an indicative quantity of 61,728 shares, showing no change as the listing approaches.

Meesho Share Price Live: How can you watch listing ceremony live?

While we bringing latest updates for you, in case you are interested in watching the listing ceremony live, the official YouTube channel of the National Stock Exchange is streaming the event. Here's the direct link:

The price band for the IPO was set at Rs 105 to Rs 111 per share. Retail investors could apply for a minimum lot of 135 shares, requiring an investment of Rs 14,985 at the upper band.

The price band for the IPO was set at Rs 105 to Rs 111 per share. Retail investors could apply for a minimum lot of 135 shares, requiring an investment of Rs 14,985 at the upper band.

The price band for the IPO was set at Rs 105 to Rs 111 per share. Retail investors could apply for a minimum lot of 135 shares, requiring an investment of Rs 14,985 at the upper band.

"Meesho continues to invest in technology and logistics, which we expect will drive sustainable profitability in the coming years. At the upper price band, the issue is valued at 5.7x FY25 Price/Sales, which appears reasonable, and we therefore recommend subscribing to the IPO," said Nirmal Bang in its note.

Meesho reported a 26% rise in revenue from FY24 to FY25, while posting a net loss of Rs 3,941 crore in FY25.

Meesho is one of India's largest e-commerce platforms in terms of annual transacting users. Its business model charges sellers no commission, generating revenue instead through take-rate margins and logistics services. The platform facilitates connections between shoppers, sellers, and delivery partners across the country.

According to Investorgain.com, Meesho's last grey market premium (GMP) was Rs 43, as of 07:11 AM on December 10, 2025. With the IPO's upper price band at Rs 111, the estimated listing price is projected at Rs 154 (upper band plus current GMP), implying an expected gain of approximately 38.74% per share.

Meesho, Aequs, Swiggy, Highway Infrastructure, Zydus Lifesciences, GPT Infra, Dilip Buildcon, Anupam Rasayan in focus on 10 December (Read More)

Ravi Singh, Chief Research Officer at Master Capital Services, noted that Meesho is entering its IPO with strong cash-flow discipline and consistent growth, supported by deep penetration in value-focused markets and efficient operations. He explained that Meesho's expansion stands out because the company continues to tap into regions of India that remain underserved by major e-commerce players. A significant share of its demand comes from first-time online shoppers in smaller towns, where buyers prioritise price and variety over brand names.

Singh added that while profitability is achievable, it is expected to materialise gradually rather than through a sudden shift. He advised investors to view the IPO as a "long-term execution story, not a quick-margin business."

Angel One has reiterated a 'Subscribe for long term' recommendation for Meesho's IPO. The brokerage noted that at the upper price band of Rs 111 per share, Meesho is valued at approximately Rs 50,096 crore post-issue. Since the company is still loss-making, the P/E ratio remains negative and does not serve as a meaningful valuation indicator. Based on operating parameters, the IPO pricing reflects an FY25 price-to-sales multiple of around 5.3x, supported by a strong GMV run-rate of $6.2 billion and improving marketplace contribution margins of 3.8% of NMV in H1 FY26.

Angel One further stated that although Meesho's strong scale momentum reinforces its growth story, short-term profitability continues to fluctuate. As a result, the IPO is best suited for long-term investors with a higher risk tolerance.

Non-institutional investors applied for 291 crore shares against the 7.32 crore shares reserved for them, while retail investors bid for 97.14 crore shares compared with the 4.88 crore shares available. The widespread participation reflects Meesho's strong traction among both HNIs and retail investors.

SBI Securities observes that Meesho adopts a technology-first strategy, using GenAI tools within its engineering framework to simplify code creation, accelerate development and reduce deployment time. Its simple, India-centric app design has enabled the company to scale effectively, lower costs and boost platform productivity.

Meesho plans to channel the funds into expanding its cloud infrastructure, strengthening marketing and branding initiatives, driving growth through acquisitions and strategic opportunities, and meeting general corporate requirements.

The IPO included a fresh issue worth Rs 4,250 crore and an Offer for Sale (OFS) of 10.55 crore shares amounting to Rs 1,171 crore at the upper end. This brought the total issue size to Rs 5,421 crore.

Ahead of listing, the Meesho IPO grey market premium (GMP) was around Rs 35. Based on the upper price band and this premium, the estimated listing price is around Rs 146 per share, indicating a potential gain of 31.53 percent over the issue price of Rs 111.

The price band for the IPO was set between Rs 105 and Rs 111 per equity share of face value Re 1. As per regulations, at least 75 percent of the issue was reserved for QIBs, up to 15 percent for NIIs, and up to 10 percent for retail investors.

Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, highlighted Meesho's strong leadership in fashion, home and kitchen, and beauty and personal care categories. He said the company's focus on unit economics and operational scale positions it well for long-term, sustainable growth. At the upper price band of Rs 111, Meesho's valuation works out to about Rs 50,096 crore, which he considers appropriate compared to other listed tech companies.

The IPO, open from December 3 to December 5, witnessed robust demand. QIBs led the response with a subscription of 120.18 times, followed by NIIs at 38.16 times, and retail investors at 19.08 times. Overall subscription stood at 79.03 times on the final day, as per BSE data.

Good morning and welcome to Moneycontrol. Meesho's mega IPO is scheduled to make its market debut today, December 10, 2025, following the completion of the allotment process earlier this week. Successful bidders received their shares in demat accounts on Monday, while refunds for those who were not allotted shares were completed by Tuesday, December 9.