Meesho IPO to Open on December 3: Check Price Band, Lot Size, and Key Details Here

28 November 2025
2 min read
Meesho IPO to Open on December 3: Check Price Band, Lot Size, and Key Details Here
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Multisided e-commerce tech platform Meesho is gearing up for a ₹5,421.20 crore initial public offering (IPO). The company filed its red herring prospectus (RHP) on November 27, 2025. 

The IPO will open for public subscription on December 3, 2025, and close on December 5, 2025.

IPO Details

  • Issue Structure: As per the RHP, the IPO is a book-building issue of ₹5,421.20 crore, consisting of a fresh issue of ₹4,250 crore and an offer for sale (OFS) of ₹1,171.20 crore worth of shares from promoters and corporate selling shareholders.
     
  • Price Band: The price band is set between ₹105 and ₹111 per share.
     
  • Lot Size (for retail investors): 135 shares per lot

  • Minimum Investment (for retail investors): ₹14,985 per lot

  • Allotment & Listing: The basis of allotment will be finalised by December 8, 2025, and the tentative listing on BSE and NSE is scheduled for December 10, 2025.
     
  • Book-running Lead Managers: Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Axis Capital Limited, Morgan Stanley India Company Private Limited, and Citigroup Global Market India Private Limited are the book-running lead managers for the IPO.
     
  • Registrar: KFin Technologies Limited
     
  • Use of Proceeds: The net proceeds from the fresh issue will be used towards the following objectives:
    • Invest in cloud infrastructure for the subsidiary, Meesho Technologies Private Limited, and fund expenditure on marketing and brand initiatives.
    • Payment of salaries of existing and replacement hires for the Machine Learning, AI, and technology teams undertaken by Meesho Technologies Private Limited.
    • Funding inorganic growth through acquisitions and other strategic initiatives.
    • General corporate purposes.

About the Company 

Meesho is a technology-driven, multi-sided commerce ecosystem that connects and empowers four core participant groups: customers, sellers, logistics providers and digital creators. It is one of India’s leading online retail platforms, ranked among the largest by the number of active users and total orders in the twelve months ending September 30, 2025, according to the Redseer Report.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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