Meesho delivers massive gains for investors; shares list at a 46.4% premium to the IPO price

Indian ecommerce company Meesho, which began as a hyperlocal fashion platform called Fashnear in 2015, made a strong debut on Dalal Street on Wednesday, listing its shares at a premium on both major stock exchanges, NSE and BSE.

Shares of Meesho Limited debuted at Rs 161.2 on the BSE, reflecting a 45.2% premium over the issue price of Rs 111 (upper band). On the NSE, the stock opened at Rs 162.5, up 46.4% from the IPO price.

The #NSEBell has rung in the celebration of the listing of Meesho Limited at our exchange @NSEIndia. #NSEIndia#listing#IPO#StockMarket#ShareMarket#MeeshoLimited@ashishchauhan@Meesho_Officialpic.twitter.com/dHHsT7RdES

— NSE India (@NSEIndia) December 10, 2025

It's worth noting that Meesho’s IPO received an overwhelming response from investors, with the overall issue subscribed 81.76 times. The strong bidding interest was led by Qualified Institutional Buyers (QIBs). 

According to exchange data, the QIB segment was subscribed 123.34 times, making it the most aggressively bid category. Investors in this segment applied for about 1,807 crore shares against only 14.65 crore shares available.

The Non-Institutional Investors (NII) portion witnessed subscriptions of 39.85 times. Retail participation was also strong, with the segment subscribed 19.89 times. Retail investors bid for around 97.14 crore shares against approximately 4.88 crore shares available.

Overall, the IPO received nearly 62.75 lakh applications.

At the upper price band of Rs 111 per share share, the IPO drew bids worth around Rs 2.44 lakh crore.

In FY25, Meesho posted revenue of Rs 9,390 crore and losses before exceptional items and tax of Rs 108 crore. In the first half of FY26, the company recorded revenue of Rs 5,577 crore.

At the current share price of Rs 170, as of 11:38 A.M., Meesho is valued about Rs 76,000 crore.