Meesho IPO Listing Highlights: Stock makes strong debut on bourses, lists at premium of 46.40%

The shares of Meesho gained on the BSE too after listing. The stock touched the high of Rs 171.35 on the BSE, a gain of 6.30 per cent.

The shares of Meesho surged after listing at Rs 162.50 and touched a high of Rs 172.70 on the National Stock Exchange (NSE). This is a gain of 6.27 per cent from the listing price.

In the pre-opening session, Meesho shares settled at Rs 162.50 on the NSE, a premium of 46.40 per cent to the issue price of Rs 111.

In the pre-opening session, Meesho shares settled at Rs 161.20 on the BSE, a premium of 45.23 per cent to the issue price of Rs 111.

Financially, the company posted a net loss of Rs 3,942 crore for FY25, primarily due to one-time exceptional items, including reverse flip tax and perquisite tax, which were necessary for the company's transition to a public structure.

The anchor book saw participation from 60 investors, including major domestic institutional investors and leading global names such as the Government of Singapore, the Monetary Authority of Singapore, Tiger Global, Goldman Sachs, and Morgan Stanley, according to a circular uploaded on the BSE website.

Meesho has reported around 29 per cent growth in net merchandise value on a year-on-year basis to Rs 29,988 crores in the financial year (FY) 2025, following around 21 per cent growth in FY24, according to the document.

According to Meesho, it generated over a million job opportunities through its sellers network as well as logistics space ahead of the festival season this year.

Meesho is the largest e-commerce player in India in terms of annual placed orders in the last twelve months ended June 30, 2025 and for the fiscal year 2025. Meesho has the highest placed orders per day among the e-commerce players in India in the last twelve months ended June 30, 2025. In the last twelve months ended June 30, 2025, Meesho recorded approximately 5.

Meesho's unlisted shares are trading at a grey market premium (GMP) of Rs 43. Considering the upper price band of Rs 111, the company's shares are expected to list hit the secondary market at around Rs 154, reflecting a grey market premium of 38.74 per cent.

The e-commerce firm's Rs 5,421 crore IPO has a price band of Rs 105-111 per share, valuing Meesho at Rs 50,096 crore (USD 5.6 billion) at the upper end.

Meesho plans to utilise proceeds for investment in cloud infrastructure, marketing and brand initiatives, as well as funding inorganic growth through acquisitions and other strategic initiatives, and general corporate purposes.

Ahead of the IPO, which has a fresh issue of shares worth Rs 4,250 crore, along with an Offer For Sale (OFS) of 10.55 crore shares, the company garnered a little over Rs 2,439 crore from anchor investors.

SoftBank-backed e-commerce platform Meesho's initial share sale got subscribed 79.02 times on the final day of bidding on Friday.