Meesho IPO 2025: Complete Details, Lot Size, Price Band & IPO Ji Review – Should You Apply?

IPO opens Dec 3: ₹5,421 Cr issue, ₹105-111 price, 135 lot size. Full details, financials, risks & IPO Ji recommendation for retail investors.

Meesho IPO 2025: Complete Details, Lot Size, Price Band & IPO Ji Review – Should You Apply?

Meesho's blockbuster ₹5,421.20 crore IPO opens December 3, 2025 with a price band of ₹105-₹111 per share, targeting a $5.6 billion valuation in India's hottest e-commerce listing of 2025. Backed by SoftBank and focused on value commerce for Tier-2+ India, this book-built IPO mixes ₹4,250 crore fresh issue for AI/cloud investments with ₹1,171.20 crore offer for sale (OFS).​

Quick Decision Tool: Take our 2-minute Meesho IPO Suitability Quiz below to see if this high-growth, loss-making tech bet fits your portfolio.

Meesho IPO Key Facts – One-Click Reference Table

Parameter

Details

IPO Open/Close

Dec 3-5, 2025 (Anchor: Dec 2)​

Price Band

₹105-₹111 (Face Value ₹1)​

Issue Size

₹5,421.20 Cr (Fresh ₹4,250 Cr + OFS ₹1,171.20 Cr)​

Lot Size

135 shares (Min Retail ₹14,985 @ ₹111)​

Listing Date

Dec 10, 2025 (BSE/NSE)​

Valuation

~₹50,095 Cr ($5.6 Bn) at upper band​

Lead Managers

Kotak, JP Morgan, Morgan Stanley, Axis, Citi​

Registrar

Kfin Technologies​

Lot Size Breakdown – Choose Your Application Size

Retail Investors (Max 13 Lots):

  • 1 Lot: 135 shares = ₹14,985
  • 5 Lots: 675 shares = ₹74,925
  • 13 Lots (Max): 1,755 shares = ₹1,94,805​

sNII (₹2L-10L):

  • Min 14 Lots: 1,890 shares = ₹2,09,790​

bNII (₹10L+):

  • Min 67 Lots: 9,045 shares = ₹10,03,995​

Financial Traffic Lights – Red/Green Analysis

Metric (₹ Cr)

FY23

FY24

FY25

Revenue

5,898

7,859

9,901

PAT

-1,672

-328

-3,942

EBITDA

-1,694

-230

-220

Net Worth

2,548

2,302

1,562

RoNW

-

-

-252%

Debt

0

0

0

Valuation Flags:

  • Pre-IPO EPS: -₹9.54 | Post-IPO EPS: -₹3.11
  • P/E: -11.63 (pre) / -35.75 (post)
  • Price/Book: 30.16x​

Objects of Issue – Where YOUR Money Goes

Fresh Issue Breakdown (₹4,250 Cr):

  1. Cloud Infra (MTPL sub): ₹1,390 Cr​
  2. AI/ML Salaries: ₹480 Cr​
  3. Marketing/Brand: ₹1,020 Cr​
  4. Acquisitions + Corporate: Balance​

OFS Sellers: Elevation Capital, Peak XV (SoftBank NOT selling).​

Complete Meesho IPO Timeline – Set Reminders

IPO Event

Date

Anchor Bidding

Dec 2, 2025 (Mon)

IPO Open

Dec 3, 2025 (Wed)

IPO Close

Dec 5, 2025 (Fri, 5PM UPI cut-off)

Allotment

Dec 8, 2025 (Mon)

Refunds/Demat Credit

Dec 9, 2025 (Tue)

Listing

Dec 10, 2025 (Wed) on BSE/NSE 

Track Live: 

Meesho IPO GMP | Subscription Status

Meesho IPO Lead Manager(s)

  1. Kotak Mahindra Capital Co.Ltd. 
  2. JP Morgan India Pvt.Ltd.  
  3. Morgan Stanley India Co.Pvt.Ltd.  
  4. Axis Capital Ltd.  
  5. Citigroup Global Markets India Pvt.Ltd. 

Meesho IPO FAQ 

Q: Meesho IPO date?

A: Opens Dec 3, closes Dec 5, 2025. Listing Dec 10.​

Q: Meesho IPO lot size?

A: 135 shares. Min retail ₹14,985 @ upper band.​

Q: Meesho IPO price band?

A: ₹105-₹111 per share.​

Q: Is Meesho IPO profitable?

A: No – FY25 loss ₹3,942 Cr but revenue up 26% YoY.​

Q: Meesho IPO GMP today?

A: Check live at  IPO Ji GMP Page .​

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