Meesho IPO 2025: Price Band, Dates, GMP, Lot Size, Review & Full Details
Quick summary (at-a-glance)
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Company: Meesho (e-commerce platform / marketplace)
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Issue size: ₹5,421.20 crore (as shown)
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Face value: ₹1
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Price band: ₹105 – ₹111 per share
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Lot size: 135 shares
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Minimum investment (one lot at lower band): ₹14,175 (135 × ₹105)
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Bidding (subscription) dates: 3 Dec ’25 – 5 Dec ’25
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Tentative allotment date: 08 Dec ’25
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Tentative listing date: 10 Dec ’25
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Where listed (proposed): BSE and NSE (as reported)
What is Meesho? (simple overview)
Meesho is a technology-led e-commerce platform in India that connects four main groups: consumers, sellers (including small businesses and resellers), logistics partners and content creators. It focuses on enabling small sellers and individuals to sell online (reseller model + marketplace), and has invested heavily in technology (ML/AI), logistics tie-ups, and seller tooling to scale operations across many Indian languages and regions.
Key IPO details (explained)
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Price band: ₹105–111 — this is the range at which investors can bid.
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Lot size & minimum investment: A single lot equals 135 shares. At the lower price of ₹105, one lot costs ₹14,175. If you want to apply, you must apply in integer multiples of one lot.
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Issue size: ₹5,421.20 crore — total amount Meesho is looking to raise (as displayed).
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Important dates: Bid/subscribe between 3–5 Dec ’25, tentative allotment 8 Dec ’25, tentative listing 10 Dec ’25.
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Eligibility: Retail investors, HNI, institutional — application ranges differ by investor category (see next section).
Application categories & limits (as shown)
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Regular (Retail) — Price band ₹105–111 — Apply range: Up to ₹2 Lakh — Lot size: 135
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High Networth Individual (HNI) — Price band ₹105–111 — Apply range: ₹2–5 Lakh — Lot size: 135
(These categories are shown on the screenshot. For exact allocation rules and cutoffs, check the final prospectus / registrar once released.)
Financial snapshot (from screenshot chart)
The Groww screenshots include a revenue chart (all values in ₹ crore). Reading the chart as displayed:
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FY2023 Revenue: ≈ ₹5,725 crore
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FY2024 Revenue: ≈ ₹7,016 crore
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FY2025 Revenue: ≈ ₹9,320 crore
Takeaway: Revenue shows strong year-on-year growth across the three fiscal periods shown. However, the screenshots also highlight historical losses and cash-flow issues in places — so growth is accompanied by profitability and cash dynamics that investors should examine closely in the RHP.
Strengths / Why investors may like Meesho
(Paraphrasing points visible in the screenshots — useful for a bullish view)
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Tech-first platform: Meesho emphasises technology (AI/ML) to run search, recommendations, seller tools and ad-systems which can improve monetization and conversion.
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Scalable, low-capex model for sellers: Many seller services are asset-light (third-party logistics, no heavy inventory), enabling rapid seller onboarding.
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Multi-language & deep reach: Support for numerous Indian languages and a focus on tier-2/3 markets helps expand the user base beyond metros.
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Seller & buyer tools: Advertising, catalogue and analytics tools for sellers help improve seller retention and monetization.
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Unit economics potential: Higher take-rates and ad revenue potential as the marketplace matures, plus operational leverage from scale.
Risks and cautionary points (must-read)
(The screenshots list multiple risk items — below they are summarized and explained.)
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History of losses and negative cash flows: The company has recorded recurring losses in prior years. Operating cash flows have been negative in some periods — watch the latest cash flow statement and management guidance for how the company will reach sustained profitability.
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Dependence on third parties: Logistics, payments and other partners are critical. Any disruption among partners can affect delivery and customer experience.
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Concentration risks: The screenshots indicate region/segment concentration among sellers or revenues — concentration in specific states or seller cohorts can pose business risk.
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Competitive pressure: Indian e-commerce is intensely competitive (large incumbents, discounting, new entrants). Competition may impact margins and growth rates.
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Regulatory and litigation exposure: As with many fast-growing platforms, Meesho could face legal, regulatory or tax challenges which can affect operations or finances.
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Sustainability of unit economics: Growth is expensive. If customer acquisition costs or seller subsidy costs rise, margins can compress.
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Operational risks from scaling: Growing quickly across many languages/regions and adding products/services increases operational complexity and execution risk.
Investor action: Read the full RHP (prospectus) and the risk section carefully. Pay attention to cash flow, margins, customer acquisition cost (CAC), lifetime value (LTV), and the breakdown of revenue streams (marketplace vs ads vs services).
Pros & Cons — plain speak
Pros
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Fast revenue growth (as shown in the chart).
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Large, addressable opportunity in Indian e-commerce and reselling.
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Technology and language focus to reach non-metro customers.
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Asset light model can scale quickly without heavy capex.
Cons
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Not yet consistently profitable — history of losses.
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Cash flow and working-capital needs may be large.
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Strong competitors with deep pockets.
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Execution and partner dependency risks.
Investment checklist (what an investor should examine before bidding)
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Profitability path: When does management expect positive operating profit? Check EBIT, EBITDA trends.
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Cash runway & burn: How much cash on balance sheet? How will IPO proceeds be used (expansion vs debt repayment vs working capital)?
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Revenue mix: Ads vs transaction fees vs other services — which is growing faster and which is more profitable?
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Unit economics: CAC, repeat purchase rate, LTV/CAC ratio for customers and sellers.
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Concentration metrics: Any region or merchant concentration that could pose risk.
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Regulatory exposures: Pending legal or tax issues in the prospectus.
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Valuation: Compare implied IPO valuation to peers (marketplaces, commerce platforms) — is growth priced reasonably?
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Lock-in & promoter holding: Look at lock-up periods and promoter stake after IPO.
How allocation & allotment typically works (simple)
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Apply between the bidding dates (here 3–5 Dec ’25) through your broker / trading app.
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Retail applications are pooled: allotment depends on demand and quota for retail vs HNI vs QIB.
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Tentative allotment is shown as 08 Dec ’25 — that’s when allotment status is expected to be declared (subject to final confirmations).
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If allotted, shares move to your demat; listing happens on the tentative listing date (10 Dec ’25 in the screenshot).
FAQs (from the screenshots — answered in plain English)
Q: What is the issue size of Meesho IPO?
A: The issue size shown in the screenshot is ₹5,421.20 crore.
Q: What are the open and close dates?
A: The IPO bidding shown will be open from 3 Dec ’25 to 5 Dec ’25.
Q: What is the lot size and minimum order quantity?
A: Lot size is 135 shares, and minimum order is one lot (135).
Q: When is the allotment date?
A: Tentative allotment date shown is 08 Dec ’25 (check registrar site for final confirmation).
Q: Where will Meesho IPO be listed?
A: The screenshots state the shares are proposed to be listed on BSE and NSE.
Q: What is pre-apply?
A: Pre-apply allows you to place a bid a few days before the formal subscription opens (platform-specific feature). If pre-apply is available on your brokerage, it will let you prepare the application in advance.
Q: If I pre-apply, when will my order get placed?
A: Orders are placed on the exchange when bidding opens; you’ll receive UPI mandate or order confirmations as per your broker’s process.
Example cost calculation
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One lot at lower band (₹105): 135 × ₹105 = ₹14,175 (minimum amount needed to apply for retail investors).
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One lot at upper band (₹111): 135 × ₹111 = ₹14,985.
Investment perspective — bottom line
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Short term listing play? If priced attractively relative to comparable companies and market conditions, listing gains are possible — but they depend on market sentiment and IPO pricing.
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Long term business bet? Meesho shows revenue growth and a large TAM (total addressable market) in India’s commerce and reselling economy, but persistent losses and execution risks mean this is a growth-at-risk investment. Use the RHP, management commentary and the financial statements to form a view.
Where to get the final, authoritative info
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Always read the company RHP / Prospectus and the registrar’s allotment page for official allotment date and results.
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For banking: check whether UPI mandate is required (most retail IPOs use UPI).
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For taxes: capital gains rules apply on sale; consult a tax advisor for specifics.
Disclaimer:
This article is for educational and informational purposes only. The information provided here— including IPO dates, price band, financials, risks, strengths, and other details — is collected from publicly available sources and official documents. Stock market investments are subject to market risks. Please read all official documents carefully before investing.
The author and this website do not provide any investment, financial, or trading advice. We do not guarantee the accuracy, reliability, or completeness of the information. Any decision to invest in the Meesho IPO or any other securities should be taken at your own risk after consulting with a qualified financial advisor.
The website is not responsible for any profit or loss arising from your investment decisions. All investment decisions should be made after proper research and risk assessment.
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