Meesho is a leading value-focused e-commerce marketplace in India, known for its zero-commission model for sellers.
| Detail | Date / Amount |
| IPO Opening Date | December 3, 2025 (Tuesday) |
| IPO Closing Date | December 5, 2025 (Thursday) |
| Price Band | ₹105 – ₹111 per Equity Share |
| Total IPO Size | ₹5,421.20 Crores |
| Fresh Issue | ₹4,250 Crores (Money goes to the company) |
| Offer For Sale (OFS) | ₹1,171.20 Crores (Money goes to existing investors) |
| Minimum Lot Size | 135 Shares |
| Minimum Investment | ₹14,985 (135 Shares $\times$ ₹111) |
| Expected Allotment Date | December 8, 2025 |
| Expected Listing Date | December 10, 2025 (BSE & NSE) |
✨ IPO Highlights & Use of Proceeds
1. Business Model Strength
Value-Focused E-commerce: Strong market position in India's Tier-2, Tier-3, and smaller cities, targeting value-conscious shoppers.
Zero-Commission: The zero-commission model attracts a massive base of small sellers, allowing them to offer the lowest prices and driving high order volume (over 1.8 billion orders in FY25).
Asset-Light Operations: The platform does not hold inventory and relies on a large network of third-party sellers and logistics partners.
2. Fund Utilization (Fresh Issue)
The ₹4,250 Crores raised from the fresh issue will primarily be used for:
Cloud Infrastructure: Approximately ₹1,390 crores to upgrade and strengthen cloud systems for scalability.
AI & ML Teams: Approximately ₹480 crores for salaries and development costs for technology teams (AI/ML).
Marketing & Branding: Approximately ₹1,020 crores for brand-building and marketing initiatives.
Inorganic Growth: Funding strategic acquisitions and general corporate purposes.
3. Financial Performance
Revenue has shown significant growth, rising from ₹5,734.5 Crores in FY23 to ₹9,389.9 Crores in FY25.
The company has been making progress on a unit economics basis, with losses reducing significantly in core operations, although the statutory reported Net Loss for FY25 was high due to an exceptional item.
