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  1. Meesho IPO Day 1: Check live subscription status, price band, lot size and all you need to know

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Meesho IPO Day 1: Check live subscription status, price band, lot size and all you need to know

Kamal Joshi

3 min read | Updated on December 03, 2025, 08:37 IST

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SUMMARY

Meesho IPO: The ₹5,421.20 crore initial share sale is a fresh issuance of 38.29 crore shares worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares totalling ₹1,171.20 crore by investors.

In FY25, Meesho connected over 5 lakh transacting sellers with 199 million annual transacting users. | Image: Shutterstock

In FY25, Meesho connected over 5 lakh transacting sellers with 199 million annual transacting users. | Image: Shutterstock

Meesho IPO: The initial public offering of e-commerce platform Meesho, which is backed by multinational investment holding company SoftBank, opened for public subscription on Wednesday, December 3. The issue, which will end on December 10, has fixed a price band of ₹105 to ₹111 per share.

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The ₹5,421.20 crore initial share sale is a fresh issuance of 38.29 crore shares worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares totalling ₹1,171.20 crore by investors.

The company intends to utilise the issue proceeds for investment in cloud infrastructure, marketing and brand initiatives, inorganic growth via acquisitions and other strategic initiatives and corporate general purposes.

Meesho IPO Day 1: Subscription status

The subscription details for the first day of bidding will be available post 10 am.

Before the IPO, the company raised ₹2,439.5 crore from anchor investors, including BlackRock, Fidelity Funds, the Government of Singapore, the Monetary Authority of Singapore, Goldman Sachs, Morgan Stanley, Tiger Global, SBI Mutual Fund (MF), UTI MF, Motilal Oswal MF, Axis MF, Tata MF, Motilal Oswal MF, HSBC MF, and Bandhan MF, among others.

Meesho IPO lot size

The application size for a retail investor is 135 shares and in multiples thereof. Overall, 75% of the new issue size has been reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs) and 10% for retail investors.

Meesho IPO: Timeline

EventDate
Subscription periodDecember 3 to December 5
Basis of allotmentDecember 8
Initiation of RefundsDecember 9
Credit of Shares to DematDecember 9
Listing dateDecember 10

Meesho operates a multi-sided e-commerce marketplace that connects four key stakeholders: sellers, consumers, logistics partners and content creators via its technology-first platform. The platform allows consumers to access an array of products at low prices. It is reflected in the average order value, which has reduced to ₹274.27 in FY25 from ₹336.71 in FY23.

Meesho IPO GMP

According to media reports and investorgain.com, unlisted shares of Meesho are trading at ₹160, reflecting a grey market premium of 44.14% over the upper price band of ₹111.

Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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