Meesho’s Rs 5,421 Crore IPO: Grey Market Buzz and What Investors Must Know

Meesho Limited, a leading Indian e-commerce platform focused on affordable products and small sellers, is launching its initial public offering (IPO) from December 3 to 5, 2025. The IPO comprises a fresh issue worth ₹4,250 crore and an offer for sale of ₹1,171 crore, totaling ₹5,421 crore.​

The price band is set between ₹105 and ₹111 per equity share (face value ₹1). Retail investors must bid for a minimum of 135 shares, translating to an investment starting at approximately ₹14,985. The allotment results will be announced on December 8, with refunds processed and shares credited by December 9. The stock is expected to debut on BSE and NSE on December 10, 2025.​

Market sentiment appears optimistic with a grey market premium (GMP) currently hovering between ₹29 and ₹33, hinting at a potential listing gain of over 25%. Meesho’s vast user base of over 14 crore and impressive growth in Tier-2 and Tier-3 cities buoy investor confidence.​

Key Highlights

IPO opens: December 3, 2025; closes: December 5, 2025.​

Price band: ₹105 - ₹111 per share; Face value: ₹1.​

Total issue size: ₹5,421 crore (fresh issue + offer for sale).​

Minimum bid lot size: 135 shares; minimum retail investment ~₹14,985.​

Allotment date: December 8, 2025; listing date: December 10, 2025.​

GMP at ₹29-₹33 indicating strong market demand.​

Focus on affordable products with a huge user base, especially in smaller cities.​

Sources: Chittorgarh, Firstock, IPO Watch, InvestorGain, StockGro.