Kolkata: Meesho, the e-commerce marketplace, had a resounding first day of bidding on Dec 3, when it witnessed 2.46 times bidding overall — 4.13 times in the retail category, 2.18 times in QIB (Ex Anchor) category and 1.90 times in the NII. It must also be noted that QIB or Qualified Institutional Buyers are an extremely significant class of investors since they are institutions like banks, AMCs and insurance companies which have the money and skills to analyse a public issue threadbare. his segment has put in bids worth 218% of the amount earmarked for them on the first day.
Meesho IPO GMP
A recorded by investorgain, Meesho IPO GMP in early morning of Dec 4 stood at Rs 45. Considering a price of Rs 111, Meesho shares can have an estimated listing price of Rs 156 and the approximate listing gain indicated is 40.54%. However,GMP is an unofficial indicator that changes with time and cannot guarantee any listing gain (or loss).
Meesho IPO price band, lot size, allotment
The Meesho public issue bidding opened on Wednesday, Dec 3 and will close on Dec 5. The allotment date for Meesho stocks is Dec 8 and the listing date on BSE and NSE is Dec 10.
For a retail investor, the minimum investible lot is 135 shares for which at least Rs 14,985 is required, and the calculation is based on upper end of the price band. The lot size investment for sNII is 1,890 shares and that for bNII category of investors is 9,045 shares. Kotak Mahindra Capital has been appointed the lead manager and Kfin Technologies the registrar of the issue.
Meesho’s unique position
Meesho was set up in 2015. It offers tech-driven platform connecting consumers, sellers, logistics partners and content creators. The USP: it enables consumers to access affordable products while offering sellers a low-cost platform to sell. Reports state that for the year ending on September 30, 2025, Meesho had 706,471 sellers and 234.20 million annual transacting users.
One of the significant points is Meesho’s level of competition and this model is quite unique. There are hardly any listed company which is a direct competitor to this startup. Its user base is very large but average order value is low. It is light on assets and can’t be compared to companies such as Zomato, Nykaa and Mamaearth.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, INVITs, any form of alternative investment instruments and crypto assets.)