Archive · 18 Dec 2025
Meesho shares double, market cap hits Rs 1 lakh crore
Meesho, an online shopping company, saw its share price double from the price it started selling shares at.
This happened because many people wanted to buy its shares, and a big finance company called UBS said it was a good investment.
The company's shares started at Rs 111 and went up to Rs 233.50.
This made the company worth over Rs 1 lakh crore for the first time.
Meesho is popular in smaller cities in India and doesn't own many physical things, which helps it make money.
Some experts say the shares are now quite expensive, but others think they could go even higher if the company keeps growing and makes more money.
Meesho's share price doubled from its IPO price of Rs 111, reaching a high of Rs 233.50.
The company's market capitalization crossed Rs 1 lakh crore for the first time.
Meesho's IPO was subscribed 79.02 times, raising Rs 5,421.20 crore.
UBS initiated coverage with a 'Buy' rating and a price target of Rs 220, citing its asset-light model and positive cash flows.
Experts caution that the stock is now fairly valued and further growth depends on the company's ability to improve profitability and manage competition.
- Who
- Meesho, a Bengaluru-based e-commerce company
- What
- Share price doubled from IPO price, market cap crossed Rs 1 lakh crore
- When
- During trading sessions in December 2025
- Where
- Indian stock markets (NSE and BSE)
- Why
- Due to strong market debut, positive brokerage coverage, and investor enthusiasm
- Meesho
- Share price doubled from IPO price of Rs 111
- Market Cap
- Crossed Rs 1 lakh crore for the first time
- IPO Price
- Rs 111 per share
- IPO Size
- Rs 5,421.20 crore
- UBS Target
- ₹220 price target with 'Buy' rating
- NMV Growth
- Expected 30% CAGR from FY25 to FY30
- ATUs Projection
- From 199 million to 518 million by FY30
- Order Frequency
- Expected to increase from 9.2x to 14.7x by FY30
Sources
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