Archive · 29 Nov 2025
Meesho Aims for ₹5,421 Crore IPO
Meesho is an online shopping company that started on WhatsApp.
They want to raise a lot of money (₹5,421 crore) by selling parts of their company to the public.
This is called an IPO.
They want to use this money to grow bigger and help more people buy things cheaply.
Meesho is special because they focus on making things affordable instead of delivering them quickly.
They also use smart computers (AI) to help people find what they want to buy.
Most of their new users come from friends telling friends about Meesho.
They plan to spend a lot of money (₹1,000 crore) on advertising to reach more people.
The IPO will open on December 3 and the shares will be listed on December 10.
Meesho believes this is the right time to go public because their financial metrics are strong and predictable.
Meesho aims to raise ₹5,421 crore through its IPO, opening on December 3.
The company focuses on affordability over speed in its logistics operations.
Meesho uses AI to enhance customer support and shopping experiences.
Logistics costs have decreased from ₹50.45 to ₹37.70 per order.
70% of new users come to Meesho through word-of-mouth.
- Who
- Meesho, a Bengaluru-based e-commerce company
- What
- Plans to raise ₹5,421 crore through IPO
- When
- IPO opens on December 3, listing on December 10
- Where
- India, with a focus on tier-2 and 3 cities
- Why
- To expand operations, improve talent competitiveness, and strengthen consumer brand
Pro-IPO
Cautious Investors
Market Timing
Pro-IPO
Meesho believes the market is ready for a horizontal e-commerce listing, citing strong financial metrics and predictable growth.
Cautious Investors
Some investors may be cautious due to a crowded IPO pipeline and market volatility.
- IPO Opening Date
- December 3
- Price Band
- ₹105-111 per share
- Company Valuation
- ₹51,500 crore at the upper end
- Cash Reserves
- ₹3,500 crore
- Fresh Issue Size
- ₹4,250 crore
- OFS Size
- Remaining amount after fresh issue
- NMV Growth (FY25)
- 29%
- NMV Growth (H1 FY26)
- 44%
- Free Cash Flow (FY25)
- ₹1,000 crore
- Transacting Users
- 234 million
- Annual Orders
- 2.3 billion
- Logistics Cost per Order (Q1 FY26)
- ₹37.70
- Marketing Budget
- ₹1,000 crore
- Organic User Acquisition
- 70%
- Listing Date
- December 10
- Allotment Date
- December 8
Sources
‘In e-comm, affordability beats speed, ’ says Sanjeev Kumar, Co-founder and CTO, Meesho
IPO-bound Meesho bets on tech to ward off disruptions
Upcoming IPOs next week: Meesho to Aequs – 3 mainboard issues, 8 SME IPOs and 6 listings on the radar
Meesho’s Rs 5,421-cr IPO to open on Dec 3
Meesho IPO vs Vidya Wires IPO vs Aequs IPO — what GMP signals about upcoming IPOs
Meesho, Aequs and Vidya Wires IPOs to Open on Dec 3
Stock Expert Claims Meesho Needs ‘Rs 480 Crore For AI Salaries’: ‘Self-respect Over Money. Won't Delete It’
Meesho’s Sanjeev Barnwal says this is the right time to go public