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15 Days Price Change

Meesho IPO

Closing In

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Profile
Issue Size 3085.11 Cr
Profile
Price Range 105  to  111 per share
Profile
Min Investment ₹111
Profile
Lot Size 1
Profile
Face Value ₹1
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are a multi-sided technology platform driving e-commerce in India by bringing together four key stakeholders – consumers, sellers, logistics partners and content creators. Our e-commerce marketplace, that we operate under the brand name Meesho, emerged as India’s largest in terms of number of Placed Orders and Annual Transacting Users among e-commerce players in India in the last twelve months period ended June 30, 2025, according to the Redseer Report. Our value focused platform is designed to serve all segments of consumers across India by making ecommerce affordable, accessible and engaging. We are focused on providing ‘Everyday Low Prices’ to consumers. Our technology-first operations, platform scale and efficiency offers low cost order fulfilment to sellers on Meesho. This, along with a zero commission model for sellers enables us to reduce the average cost charged to sellers and provide a wide assortment of products ranging from low cost unbranded products, regional brands and national brands at affordable prices on Meesho. Our artificial intelligence/machine learning (“AI/ML”) led algorithms are designed to deliver a personalised, discovery led shopping experience to consumers similar to an offline window shopping experience, making online shopping easy and engaging for consumers. Read More

Basic Info

Face Value 1 per share

Price 105  to  111 per share

P/E (x) -11.1

Sales( Cr.) 9390

PAT( Cr.) -3942

EPS -10

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Vidit Aatrey Sanjeev Kumar

Pre Issue Share Holding 40.47%

Post Issue Share Holding 16.76%

Listing Details:

Listing Price: 161.2

Listing Gain: 31.14%

Current Price: 192.5

Gain On Issue: 192.5 | 0%

GMP: 42

GMP %: 37.8 %

IPO Tentative Timetable

Opening Date Dec 03, 2025
Closing Date Dec 05, 2025
Allotment Dec 08, 2025
Refund Dec 09, 2025
Delivery of Shares Dec 09, 2025
Listing Date Dec 10, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 135 14,985
Retail (Max) 13 1755 194,805
S-HNI (Min) 14 1890 209,790
S-HNI (Max) 66 8910 989,010
B-HNI (Min) 67 9045 1,003,995

Objective of the Issue

1. Investment for cloud infrastructure in Meesho Technologies Private Limited, our Subsidiary 2.Payment of salaries of our existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by Meesho Technologies Private Limited, our Subsidiary 3.Investment in Meesho Technologies Private Limited, our Subsidiary, for expenditure towards marketing and brand initiatives 4.Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 150369511 18071742600 120.2x
NII 76541361 2921108400 38.2x
Retail 51027574 973849770 19.1x
EMP 0 0 0x
Total 277938446 21966700770 79x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Meesho Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 5735 7615 9390
Other Income 163 244 513
Total Income 5898 7859 9903
Total Expenditure 7538 8109 9971
Operating Profit -1641 -250 -68
Interest 1 6 7
Depreciation 30 58 34
Exceptional Income / Expenses 0 -13 -1346
Profit Before Tax -1672 -328 -1455
Provision for Tax 0 0 2487
Profit After Tax -1672 -328 -3942
Adjustments 0 0 0
Profit After Adjustments -1672 -328 -3942
Adjusted Earnings Per Share 0 0 -300.3

Meesho Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2472 2230 1446
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 11 73 64
Total Current Liabilities 1370 1859 5717
Total Liabilities 3853 4161 7226
Fixed Assets 56 112 96
Other Non-Current Assets 1158 882 343
Total Current Assets 2639 3167 6787
Total Assets 3853 4161 7226

Meesho Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 424 97 140
Cash Flow from Operating Activities -2308 220 539
Cash Flow from Investing Activities 498 -166 -2635
Cash Flow from Financing Activities -12 -11 2105
Net Cash Inflow / Outflow -1822 43 9
Closing Cash & Cash Equivalent 97 140 147

Meesho Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 -300.34
CEPS(Rs) 0 0 0
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 0 0 46.96
Core EBITDA Margin(%) -31.45 -6.48 -6.17
EBIT Margin(%) -29.13 -4.21 -15.37
Pre Tax Margin(%) -29.16 -4.3 -15.44
PAT Margin (%) -29.16 -4.3 -41.84
Cash Profit Margin (%) -28.63 -3.53 -41.48
ROA(%) -43.39 -8.18 -69.23
ROE(%) -94.85 -21.4 -411.55
ROCE(%) -67.58 -13.67 -78.8
Receivable days 0.03 0.01 0.01
Inventory Days 0 0 0
Payable days 0 0 0
PER(x) 0 0 0
Price/Book(x) 0 0 0
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0 0 -0.04
EV/Core EBITDA(x) 0 0 5.6
Net Sales Growth(%) 0 32.79 23.31
EBIT Growth(%) 0 80.77 -350.7
PAT Growth(%) 0 80.4 -1103.06
EPS Growth(%) 0 0 0
Debt/Equity(x) 0 0 0
Current Ratio(x) 1.93 1.7 1.19
Quick Ratio(x) 1.93 1.7 1.19
Interest Cover(x) -1247.62 -50.42 -210
Total Debt/Mcap(x) 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 23% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average -412% -176% -176% -176%
ROCE Average -79% -53% -53% -53%

Company Contact Information

Meesho Ltd.

Rahul Bhardwaj

91 91080 21923

cs@meesho.com

3rd Floor, Wing- E, Helios Business Park Kadubeesanahalli Village, Varthur Hobli Outer Ring Road

IPO Lead Manager(s)

Meesho Ltd.

Kotak Mahindra Capital Co Ltd

JP Morgan India Pvt Ltd

Morgan Stanley India Co Pvt Ltd

Axis Capital Ltd.

Citigroup Global Markets India Pvt Ltd.

Registrar Info

Meesho Ltd.

KFIN Technologies Ltd.

301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai, Mumbai, Maharashtra, India, 400070

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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