Archive · 6 Dec 2025
Meesho IPO Heavily Oversubscribed, Listing Expected
Meesho, an online shopping platform, recently opened its IPO to the public.
The IPO was a big success, with many more people wanting to buy shares than were available.
The company raised a lot of money, more than Rs 2,400 crore from anchor investors alone.
The shares are expected to start trading on December 10, and experts think the share price could be much higher than the initial price.
Meesho plans to use the money raised to improve its technology, advertise more, and maybe buy other companies.
This is a big step for Meesho as it joins the stock market.
Meesho's IPO closed with a subscription of 79.02 times, indicating high investor interest.
The IPO received bids for 21,96,29,80,305 shares against 27,79,38,446 shares on offer.
The non-institutional investor portion was subscribed 38.15 times, RIIs 19.04 times, and QIBs 120.18 times.
Meesho raised Rs 2,439 crore from anchor investors and aims to raise a total of Rs 5,421 crore.
The expected listing price is Rs 155 per share, with an estimated gain of 39.64%.
- Who
- Meesho, an e-commerce firm backed by SoftBank
- What
- Initial public offering (IPO) heavily oversubscribed
- When
- IPO closed on December 6, listing on December 10
- Where
- Shares to be listed on BSE and NSE
- Why
- To raise funds for cloud infrastructure, marketing, acquisitions, and general corporate purposes
- IPO Subscription
- 79.02 times
- IPO Size
- Rs 5,421 crore
- Price Band
- Rs 105-111 per share
- Expected Listing Price
- Rs 155 per share
- Expected Listing Gain
- 39.64%
- Share Allotment Date
- December 8
- Market Debut Date
- December 10
- Anchor Investment
- Rs 2,439 crore