Meesho IPO Opens Next Week With Price Band, Dates and Lot Size Now Announced

Meesho IPO Opens Next Week With Price Band, Dates and Lot Size Now Announced
Meesho IPO Opens Next Week With Price Band, Dates and Lot Size Now Announced
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Meesho IPO Set to Open Next Week as Price Band, Issue Size and Key Details Are Finalised

SoftBank-backed e-commerce marketplace Meesho is gearing up for one of the most anticipated listings of the year, with its initial public offering scheduled to open next week. The Meesho IPO, which has attracted intense interest from retail and institutional investors alike, will open for subscription on December 3 and close on December 5, marking a major milestone for India’s fast-growing value-commerce ecosystem.

The company has fixed its Meesho IPO price band at ₹105–111 per share, valuing the Bengaluru-based startup at nearly ₹50,096 crore at the upper end. This positions Meesho among India’s most valuable internet companies entering the public market.

Meesho IPO Aims to Raise ₹5,421 Crore With a Significantly Reduced OFS Component

At the upper band, the Meesho IPO issue size stands at ₹5,421.05 crore, comprising:

  • Fresh issue: ₹4,250 crore

  • Offer for sale (OFS): About ₹1,172 crore (10.55 crore shares)

The company has trimmed the OFS by nearly 40%, reducing it from the originally planned 17.57 crore shares to 10.55 crore shares. This adjustment brings down the OFS proceeds from ₹1,950 crore to approximately ₹1,172 crore.

The sizeable fresh issue component remains unchanged, signaling that Meesho intends to strengthen its balance sheet, invest in expansion, and continue scaling its marketplace model rather than merely offering an exit to early shareholders.

Also Read : Over 1,000 Amazon Employees Warn AI Push Risks Jobs, Climate Goals and Worker Safety

Meesho IPO Dates and Full Timeline: Here’s the Complete Subscription Schedule

The full Meesho IPO dates and timeline are structured as follows:

  • IPO opens: December 3

  • IPO closes: December 5

  • Anchor investor participation: December 2

  • Tentative allotment: December 8

  • Refund initiation: December 9

  • Shares credited to demat: December 9

  • Tentative listing date: December 10

The schedule aligns with recent large IPO timelines, allowing sufficient time for allotment processing and ensuring a smooth listing process.

Meesho IPO Lot Size and Investor Quota Distribution

The company has set the Meesho IPO lot size at 135 shares, with bids allowed in multiples thereof. At the upper band, one lot would cost ₹14,985.

The allocation structure follows SEBI norms:

  • Not less than 75% reserved for Qualified Institutional Buyers (QIBs)

  • Not more than 15% for Non-Institutional Investors (NIIs)

  • Not more than 10% for Retail Investors

With high investor appetite expected from QIBs and retail participants, the Meesho IPO is widely expected to see strong subscription across categories.

Founders Set for Major Windfall as Valuation Multiplies Thousands of Times

Co-founders Vidit Aatrey and Sanjeev Kumar, who jointly hold 18.51% pre-issue, stand to make significant gains from the Meesho IPO.

Aatrey, who owns 47.25 crore shares—representing 11.1% stake—acquired his stake at an average price of just ₹0.06 per share. At the upper end of the Meesho IPO price band, his stake is valued at roughly ₹5,245 crore, marking an increase of over 1,800 times from its earlier notional value of ₹2.84 crore.

This dramatic revaluation underscores the explosive growth that India’s e-commerce and social commerce sectors have witnessed over the past five years.

Strong Investor Interest Expected as Meesho Strengthens its Position in Value Commerce

Meesho has emerged as a dominant force in India’s value e-commerce and reseller-driven marketplace model, which caters to smaller towns and price-sensitive consumers. Its asset-light, low-cost distribution approach has helped it scale rapidly across Tier-II and Tier-III markets.

The company’s decision to keep a large portion of the IPO as a fresh issue signals confidence in future growth trajectories. The capital infusion will likely be used for:

  • Strengthening logistics and supply chain

  • Expanding seller networks

  • Investing in technology and customer experience

  • Boosting category depth and assortment

  • Improving operational efficiencies to move toward sustained profitability

Market analysts say that Meesho’s strong brand presence in value-focused segments gives it a competitive edge over larger players such as Flipkart and Amazon in non-electronics categories.

Kotak Mahindra Capital to Lead the Issue; Kfin to Serve as Registrar

The Meesho IPO will be led by Kotak Mahindra Capital Company Ltd. as the book-running lead manager, while Kfin Technologies Ltd. will function as the registrar.

Given the high-profile nature of the listing and strong global investor appetite for Indian tech IPOs, analysts consider Meesho’s market debut to be one of the most closely watched events of the year.

A Closely Watched Listing Ahead as Meesho Prepares for December 10 Debut

With an attractive price band, reduced OFS, and a large fresh issue aimed at long-term strengthening of the business, the Meesho IPO has already generated substantial buzz among analysts and investors.

As India’s e-commerce market continues to expand at double-digit rates, Meesho’s public listing is positioned as a major milestone—not only for the company but for the broader consumer internet ecosystem.

The final test now awaits on December 10, when Meesho is slated to make its debut on the stock exchanges.

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Sourabh loves writing about finance and market news. He has a good understanding of IPOs and enjoys covering the latest updates from the stock market. His goal is to share useful and easy-to-read news that helps readers stay informed.

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