Meesho IPO Subscription Status: IPO Sees 8.27 Times Subscription on Day Two Driven by Strong Retail and Non-Institutional Interest

Thursday, December 04, 2025: The Meesho IPO Ltd. initial public offering (IPO) has witnessed an enthusiastic investor turnout on the second day of its bidding. As of December 5, 2025, 6:00 pm, the ₹5,421.20 crores IPO has been subscribed 8.27 times.

Subscription Details of the Meesho IPO

The Meesho IPO was subscribed 8.27 times overall by 4 December 2025 (Day 2). The retail segment recorded strong demand, subscribing 9.63 times, while the QIB category (excluding anchor investors) was subscribed 7.15 times, and the NII segment saw 9.62 times subscription. Among non-institutional buyers, bids above ₹10 lakh (bNII) were 8.82 times, and bids below ₹10 lakh (sNII) were 11.23 times. Anchor investors fully subscribed their allocation of 21,97,78,524 shares. The IPO received total bids for 26,86,18,197 shares, amounting to ₹24,663.78 crore, reflecting strong investor interest across all categories.

Key Meesho IPO Details

The IPO is book build issue of ₹5,421.20 crores. It combines a fresh issue of 38.29 crores aggregating ₹4,250.00 crores and an offer for sale of 10.55 crore shares aggregating to ₹1,171.20 crores. The IPO will remain open till 5:00 pm on December 05, 2025. The price band for the same is fixed at ₹105 to ₹111 per share with a minimum lot size of 135 shares. The shares will be listed on both the NSE and BSE Platforms on Wednesday, December 10, 2025.

How The Company Will Utilise the Proceeds

The proceeds from the IPO will be utilised for several specific and general corporate purposes. The company will use about ₹1,390.00 crores from the proceeds for cloud infrastructure, in MTPL, the company’s subsidiary. The company will use about ₹480.00 crores to pay salaries for existing and replacement hires across the Machine Learning, AI and technology teams. Further, ₹1,020.00 crores will be used for investment in MTPL, including expenditure on marketing and brand initiatives.

Anchor Investor Allocation

Before its IPO went public for bidding, Meesho Ltd. raised money through anchor allocation. The allocation was done on December 2, 2025. The company raised about ₹2,439.54 crore from the allocation. It consisted of 21,97,78,524 shares at a price of ₹111 per equity share. The share price includes a ₹1 face value and a ₹110 premium.

Meesho Limited is a multi-sided technology platform. The company is driving e-commerce in India by connecting four key stakeholders, which are consumers, sellers, logistics partners, and content creators. The company was incorporated in 2015 and now operates its e-commerce marketplace under the brand name Meesho. It has enabled consumers to access a wide range of affordable products while offering sellers a low-cost platform to grow their businesses.

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