The much-awaited Meesho IPO day 1 has officially opened in the Indian market, drawing significant attention from retail and institutional investors alike. The IPO marks a major milestone for the e-commerce firm known for its zero-commission business model, aiming to expand its footprint across India. Here’s everything you need to know about the IPO and its first-day performance.
Meesho IPO Day 1: Subscription Overview
The public issue of Meesho Ltd. is set to remain open until 5 December 2025, giving investors a window to apply. The IPO is a combination of a fresh capital issue and an offer-for-sale (OFS), targeting a total fundraise of ₹5,421.20 crore.
- Fresh issue portion: ₹4,250 crore
- OFS portion: ₹1,171.20 crore
By the end of the first day, the subscription numbers indicate strong interest across all investor segments:
- Retail investors: Subscribed 3.57 times
- Non-Institutional Investors (NII): Subscribed 1.47 times
- Qualified Institutional Buyers (QIB): Subscribed 2.12 times
This shows that the IPO has received an enthusiastic response from both retail and institutional participants.
Meesho IPO Price & Lot Details
Investors looking to participate in Meesho IPO day 1 should note the following key details:
- Price band: ₹105 to ₹111 per equity share
- Lot size: 135 shares per lot
- Listing exchanges: BSE and NSE
The IPO combines a mix of raising fresh capital for expansion and providing an exit route for existing shareholders through OFS.
Allotment and Listing Information
For investors, knowing the allotment and listing schedule is crucial. Here’s a breakdown:
- Allotment date: Likely on 6 December 2025. If delayed due to weekend, allotment may happen on 8 December 2025
- Registrar: KFin Technologies is appointed as the official IPO registrar
- Lead managers: Kotak Mahindra Capital, JP Morgan India, Morgan Stanley India, Axis Capital, and Citigroup Global Markets India
- Listing date: Proposed for 10 December 2025 on BSE and NSE
Meesho IPO Highlights
- Meesho aims to raise ₹5,421.20 crore via a combination of fresh issue and OFS
- IPO price band is ₹105–₹111 per share
- Strong investor response seen on day 1, reflecting high market interest
- Retail and institutional segments oversubscribed, indicating confidence in the e-commerce company
Conclusion
The Meesho IPO day 1 has opened on a promising note, receiving notable subscriptions from investors. With a clear price band, lot size, and scheduled allotment and listing dates, potential investors have all the key information to participate. This IPO reflects Meesho’s growing presence in the Indian e-commerce space and provides an opportunity for market participants to engage with one of the fastest-growing online marketplaces.
