Meesho’s highly anticipated $603.3 million initial public offering was fully subscribed on the first day of bidding, according to exchange data. Strong demand from institutional and retail investors highlights confidence in the social commerce platform’s growth prospects as it prepares for its public market debut.
Meesho, the Bengaluru-based social commerce startup, achieved full subscription of its $603.3 million IPO on the opening day of bidding. The offering, one of the largest in India’s tech sector this year, drew robust interest across investor categories, underscoring optimism about the company’s business model and expansion trajectory.
Key highlights from the announcement include
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The IPO size is $603.3 million, making it one of the biggest tech listings in 2025.
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Exchange data confirmed full subscription on Day 1 of bidding.
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Strong demand was recorded from qualified institutional buyers, retail investors, and non-institutional participants.
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Meesho’s platform, focused on small businesses and individual entrepreneurs, has rapidly scaled across India’s tier-2 and tier-3 cities.
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The IPO proceeds are expected to be used for technology investments, market expansion, and strengthening logistics infrastructure.
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Analysts note that the successful subscription reflects investor confidence in India’s e-commerce growth story.
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The listing is anticipated to further boost India’s startup ecosystem, following other high-profile tech IPOs this year.
Meesho’s IPO success signals strong investor appetite for digital-first companies catering to India’s vast consumer base. The company’s ability to attract full subscription on Day 1 sets the stage for a promising market debut and reinforces the momentum in India’s tech-driven retail sector.
Sources: Reuters, Business Standard, Economic Times, Mint