Meesho IPO Launch in India

Meesho, an Indian e-commerce platform, is launching its Initial Public Offering (IPO) in December 2025. The IPO aims to raise Rs 5,421.05 crore, comprising a fresh issue of Rs 4,250 crore and an offer for sale of 10.55 crore shares. The price band for the IPO is set between Rs 105 and Rs 111 per share, valuing Meesho at approximately Rs 50,096 crore at the upper end. The subscription window will be from December 3 to December 5, with shares expected to list on the BSE and National Stock Exchange of India on December 10. The proceeds from the IPO will be used for cloud infrastructure investment, salaries for AI and technology teams, marketing initiatives, and inorganic growth through acquisitions. Lead managers for the IPO include Kotak Mahindra Bank — Kotak Mahindra Capital Company, JPMorgan Chase — J.P. Morgan India Private Limited, Morgan Stanley, Axis Capital Holdings, and Citigroup — Citigroup Global Markets, with KFin Technologies serving as the registrar. The grey market premium suggests strong listing gains, reflecting robust investor sentiment for Meesho, which has established itself as a leading e-commerce player in India.