DATE	GMP (GREY MARKET PREMIUM)	EXPECTED LISTING GAINS
05-Dec-2025	48	6480
04-Dec-2025	48	6480
03-Dec-2025	48	6480

Meesho IPO, a IPO of ₹5421.20 Cr opens for subscription from December 3, 2025 to December 5, 2025. The IPO consists of ₹4250.00 Cr fresh issue and ₹1171.20 Cr offer for sale.

The face value of each share is 1, and the price band is set between 105.00-111.00 per share. The tentative listing date on the exchange (BSE, NSE) is December 10, 2025.

About Company – Meesho

Meesho is a multi-sided technology platform that drives e-commerce in India by connecting four groups — consumers, sellers, logistics partners and content creators. Its marketplace, Meesho, became India’s largest in terms of total orders and annual transacting users in the 12 months ending June 30, 2025 (Redseer Report).

Meesho’s platform focuses on offering affordable, accessible and engaging shopping for everyone in India. With a zero-commission model for sellers and efficient, technology-driven operations, the company keep costs low and offer a wide range of low-priced products, including unbranded goods, regional brands and national brands. Its AI/ML systems personalise product discovery, making online shopping feel like offline window shopping.

Technology is the core of our platform. It supports large-scale e-commerce across India by managing interactions between all stakeholders. Each interaction generates data that improves our AI models, which power recommendations, dynamic pricing, automated cataloguing, fraud prevention and logistics optimisation.

The company earn money through seller services such as order fulfilment, advertising and data insights. It charge no commission to sellers and no platform fee to consumers. Its scale also allows us to expand into new areas like low-cost local logistics for daily essentials and a financial services platform built with regulated partners. The business has two segments: Marketplace and New Initiatives.

Meesho serves consumers from all income groups, mainly value-conscious shoppers looking for affordable products. In FY 2025, the company had 198.77 million annual transacting users, with 174.43 million from outside India’s top 8 cities. Women made up about 54% of our users. In the 12 months ending June 30, 2025, we reached 213.17 million users. Meesho’s sellers include manufacturers, wholesalers and traders.