Meesho IPO: E-commerce platform Meesho (Meesho IPO) is also all set to enter the stock market. The IPO of SoftBank-invested company Meesho will open for subscription on December 3, on which investors will be able to place bets till December 5, 2025.
This is one of the most talked about and biggest public issues of 2025. The IPO of Rs 5421.05 crore includes fresh issue of Rs 4250 crore and offer for sale of 10.55 crore shares. The company has also announced the price band for the IPO, which has been fixed at Rs 105-111 per share.
How much share reserved for whom?
For Meesho’s IPO, investors will have to bid for 135 shares in one lot. For anchor investors, this IPO will open a day earlier i.e. on Tuesday, December 2. Allocation for anchor investors takes place a day before the issue opens. The issue will be managed by Kotak Mahindra Capital Company, JP Morgan India, Morgan Stanley India Company, Axis Capital and Citigroup Global Markets India, while Kfin Technologies Limited will act as the registrar.
Of the total size of Meesho’s public issue, at least 75 percent is reserved for QIBs, up to 15 percent for NIIs and up to 10 percent for retail investors. Shares will be allotted on Monday, December 8, while the refund process will start from Tuesday, December 9 and shares will be credited to the demat account on the same day of refund. The shares are expected to be listed on BSE and NSE by Wednesday, December 10.
How much is GMP?
Investors were waiting for Meesho’s IPO for a long time. Its effect is visible in the gray market premium. According to market experts, the unlisted shares of Meesho Limited are currently trading at a premium of Rs 144 per share in the gray market, while the upper price band of the IPO is Rs 111. This means that the gray market premium (GMP) is around 30 percent, which indicates its strong listing.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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