return to news
  1. Meesho IPO subscribed 6.09 times so far on Day 2; check price band, lot size and more

Market News

Meesho IPO subscribed 6.09 times so far on Day 2; check price band, lot size and more

Kamal Joshi

3 min read | Updated on December 04, 2025, 15:31 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Meesho IPO has a fresh issue of shares worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares aggregating to ₹1,171.20 crore at the upper band. The total issue size is ₹5,421.20 crore.

With a price band of ₹105 to ₹111 per share, a lot of Meesho IPO consists of 135 shares. | Image: Shutterstock

With a price band of ₹105 to ₹111 per share, a lot of Meesho IPO consists of 135 shares. | Image: Shutterstock

Meesho IPO: The initial public offer of SoftBank-backed e-commerce firm Meesho Limited secured 6.09 times subscription so far on the second day of share sale on Thursday, December 4, helped by across-the-board investors' participation.

Open FREE Demat Account within minutes!
Join now

The initial share sale, which will end on December 5, received bids for 1,69,27,27,605 shares against 27,79,38,446 equity shares on offer, according to the NSE data until 3:31 pm.

The bidding was led by retail investors who booked their portion 8.51 times, while the part meant for qualified institutional buyers (QIBs) got subscribed 4.33 times. The category for non-institutional investors (NIIs) attracted 7.93 times subscription.

With a price band of ₹105 to ₹111 per share, a lot consists of 135 shares.

The IPO has a fresh issue of shares worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares aggregating to ₹1,171.20 crore at the upper band. The total issue size is ₹5,421.20 crore.

The company intends to use proceeds for investment in cloud infrastructure, marketing and brand initiatives, funding inorganic growth through acquisitions and other strategic initiatives, and corporate general purposes.

Meesho IPO allotment and listing date

Meesho IPO allotment is expected to be finalised on December 8. The company's shares will be listed on the stock exchanges on December 10.
Meesho Ltd operates a multi-sided e-commerce marketplace that connects four key stakeholders: consumers, sellers, logistics partners and content creators via its technology-first platform. It is the largest e-commerce platform in India in terms of annual transacting users and number of orders placed in the one-year period ended September 30, 2025.

The platform allows consumers to access an array of products at low prices, while the sellers on Meesho benefit from low costs.

Meesho IPO GMP

According to media reports and investorgain.com, unlisted shares of Meesho are trading at ₹156, reflecting a grey market premium of 40.54% 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.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

To add Upstox News as your preferred source on Google, click here.
SIP
Consistency beats timing.
promotion image

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.

Next Story