Meesho IPO of Rs 6640000000 to open on December 3: Price and review, IPO signals strong listing sentiment

The Meesho IPO will open on December 3, 2025, at a price band of Rs 105-111 per share. This will value the e-commerce company at Rs 50,096 crore at the upper end.

Meesho IPO: December is going to be very busy as eight companies are expected to open initial public offerings (IPO) by the end of this month. These IPOs are expected to be worth over Rs 30,000 crore. Big giants like Meesho, Aequs and Vidya Wires will open their IPOs for public listing. Experts are stating that grey market premiums (GMPs) are showing firm interest, with some premiums going as high as 41 percent, a report by Investorgain said. Meesho is going to open its IPO for public on December 3 and market watchers are expecting strong long-term potential as the popular e-commerce platform is rapidly expanding and making profits.

Meesho IPO: What Experts Are Saying?

According to Analysts tracking Meesho, the company’s business model is very hard to compare with other consumer-tech firms as it has large-scale users, low average order value and asset-light fulfillment. These qualities make Meesho different from Zomato, Nykaa and Mamaearth.

“There aren’t really any direct peers… given the size and scale Meesho has achieved, there are very few comparable companies,” said Nirav Karkera, Head of Research at Fisdom.

Meesho IPO: Company Targets Rs 5421 Crore Through IPO

The company is entering the IPO market with a Rs 5,421.20 crore offering. It plans to raise Rs 4,250 crore through a fresh issue of 38.29 crore shares.

However, Meesho’s promoters and early investors will sell 10.55 crore shares (worth Rs 1,171.20 crore) at the upper end. The price is between Rs 105–111. After the IPO, promoter holding will drop from 19.1 percent to 16.8 percent.

Meesho IPO: How Will The Company Utilise The Money?

From the fresh issue, the company will use Rs 1,390 crore for cloud infrastructure for Meesho Technologies. Rs 1,020 crore will be used for marketing and branding. The company will use Rs 480 crore for giving salaries to machine learning, AI and tech employees. Around Rs 1,360 crore is allocated for strategic initiatives and general corporate purposes.

Meesho IPO: First Large Multi-Category E-Commerce Marketplace

Notably, with this IPO, the 10-year-old company will become the first large multi-category e-commerce marketplace to list in India. It is backed by global investors like – Elevation Capital, Peak XV, Prosus and Softbank

At an implied market cap of Rs 50,096 crore and Rs 5,500 crore in cash, Meesho’s enterprise value comes to around Rs 45,000 crore. This means the e-commerce company is valued at 4.75 times its financial year 2025 operating revenue.