Meesho IPO to mop up Rs 4,250 with fresh issue | Would you bid?
There is just no let up in the IPO flow this year. Bengaluru-based e-commerce platform Meesho is launching its IPO on December 3. This issue will raise Rs 4,250 crore through the issue of fresh shares and the details of the OFS part is yet to be announced.
Kolkata: Meesho is an indigenously developed e-commerce platform which brings together millions of sellers and consumers. It allows small businesses to sell a wide variety of products online to the public. It follows a direct-to-consumer marketplace model and strives to make selling accessible and affordable, especially in the smaller cities.
The bidding process of Meesho IPO will begin on December 3. The issue will be designed to raise Rs 4,250 crore entirely through issue of fresh shares. Usually an issue consisting of fresh shares only helps in boosting investor confidence. There will also be an OFS part in which major investors such as Elevation Capital, Prosus, Peak XV, and SoftBank will sell 105.5 million shares.
10% for retail investors
The Meesho IPO will reserve 75% for qualified institutional buyers, 15% for non-institutional investors and 10% for retail investors. Qualified institutional buyers or QIBs are banks or mutual funds or insurance companies -- institutions that have the skills to analyse and the capital to invest big amounts.
Meesho is targeting a total valuation of Rs 52,500 crore said reports. The anchor investment book will open on December 2. The bidding process will be open from December 3 to 5. The allotment of shares will take place on December 8 and listing will take place on December 10th.
IPO bid opens: Dec 3, 2025
IPO bid closes: Dec 5
Allotment: Dec 8
Refunds: Dec 9
Credit of Shares to Demat: Dec 9
Listing: Dec 10
Cut-off time for UPI mandate confirmation: 5 pm on Dec 5
Meesho will deploy fresh issue proceeds to build cloud infrastructure worth Rs 1,390 crore. It will also spend Rs 1,020 crore on marketing and branding efforts that are needed for this business. The company has also said that it will spend Rs 480 crore on salaries and hiring for its tech teams. The remaining amount is for inorganic growth (read acquisitions).
Meesho financials; losses shrink
In the period April to September this year, Meesho pared down its losses to Rs 700.7 crore. It was a big improvement compared to Rs 2,512.9 crore loss in the previous year. Revenue during H1FY26 rose 29.4% to touch 5,577.5 crore. Total losses expanded to Rs 3,941.7 crore in FY25, compared to just Rs 327.6 crore in FY24 while revenue rose increased by 23.3% to reach Rs 9,389.9 crore in the same period. The market for e-commerce in this segment is full of competition with the likes of Eternal, Swiggy, Nykaa, Trent and DMart on the prowl.
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