Athira Sethu
Kochi, 10 Dec 2025
The share price of Meesho saw a stellar debut at the stock exchange, getting listed with a 46% premium to its IPO issue price. The IPO of the company received a very strong response and was subscribed fully, 79 times the amount of shares being issued. The issue price was between Rs 105 and Rs 111 per share, and the full IPO value was approximately Rs 5,421 crore.
Meesho shares opened at Rs 162.50 on the National Stock Exchange (NSE) during its first day, offering a premium of 46.4% over the IPO price. On the Bombay Stock Exchange, the shares were listed at Rs 161.20, showing a 45.23% premium. After the listing of shares, Meesho’s market value reached Rs 72,751.67 crore.
During the day, it even touched a high of Rs 177.49, translating to a 60% premium over the IPO price. That was much higher than what had been expected from the grey market, where it had commanded a premium of about 39%.
Meesho’s IPO saw a great response on the first day, as the subscription for the issue saw an oversubscription of 2.35 times. The company also managed to raise over Rs 2,439 crore from anchor investors ahead of the share sale.
It has a strong presence in smaller cities where larger e-commerce giants such as Amazon or Flipkart have struggled to expand. According to analysts, Meesho looks good for the future, particularly after the company became cash flow positive in FY25, though net profit is negative due to one-time expenses.
Meesho, at this valuation of Rs 50,000 crore, is reasonably valued against other e-commerce platforms. Industry experts say it becomes the only player in India’s so-called “value e-commerce” space, making it an attractive investment proposition.
The company intends to utilize the raised funds in expanding its cloud infrastructure, amplifying marketing and brand efforts, and funding growth through acquisitions. Given the focus on value and scalable growth, many analysts say that investors can hold the shares of Meesho for a medium to long period of time.
