Meesho IPO: Check Day 1 Subscription Status, GMP

New Delhi: Meesho IPO with a total issue size of Rs 5,421.20 crore, opened on Wednesday for subscription. The IPO is structured as a combination of a fresh issue and an offer for sale. Specifically, 38.29 crore shares will be issued as fresh capital, raising Rs 4,250 crore, while 10.55 crore shares will be sold through an offer for sale, generating Rs 1,171.20 crore.

The IPO will be listed on both BSE and NSE, with subscription opening on December 3, 2025, and closing on December 5, 2025. Tentative allotment is expected by December 8, 2025, and shares are expected to list on December 10, 2025.

The price band has been fixed between Rs 105 and Rs 111 per share. Retail investors can apply for a minimum lot of 135 shares, requiring an investment of Rs 14,985 at the upper price band. For S-HNI and B-HNI investors, the lot sizes are 14 lots (1,890 shares, Rs 2,09,790) and 67 lots (9,045 shares, Rs 10,03,995), respectively.

Kotak Mahindra Capital Co. Ltd. is managing the IPO as the book-running lead manager, while Kfin Technologies Ltd. is acting as the registrar.
Meesho has reserved 75 per cent of its shares for QIBs, 15 per cent for HNIs, and 10 per cent for retail investors. Additionally, anchor investors have subscribed for 21.97 crore shares, amounting to Rs 2,439.54 crore. The anchor bid date was December 2, 2025, with a lock-in period of 30 days for half the shares and 90 days for the reminder.
Promoters Vidit Aatrey and Sanjeev Kumar currently hold 18.51 per cent of the company, which will reduce to 14.6 per cent post-IPO.

Meesho IPO subscribed 2.45 times. The public issue subscribed 4.11 times in the retail category, 2.18 times in QIB (Ex Anchor), and 1.89 times in the NII category by December 3, 2025, 6:14:02 PM (Day 1).While the GMP is at 44.5 per share.