Meesho Shares Debut Strongly on Stock Market with Over 45% Premium

Meesho, a prominent Indian social commerce company, made a significant debut on the stock market, with its shares listing at a striking 46% premium over the IPO price on December 10, 2025. The IPO price band was set between Rs 105 and Rs 111 per share, and shares listed around Rs 162, marking a strong investor response to the offering.

The company raised a substantial Rs 5,421.20 crore through a combination of fresh equity worth Rs 4,250 crore and an offer for sale valued at Rs 1,171.20 crore. This public issue involved approximately 38.29 crore fresh shares and 10.55 crore shares offered for sale to the public.

Ahead of the listing, the grey market premium (GMP) saw a slight reduction, moving from 44.6% early last week to around 32%. Despite this, the strong listing price confirmed robust investor demand.

Kotak Mahindra Capital Co. acted as the book-running lead manager, while Kfin Technologies managed the registrar responsibilities for the IPO.

Meesho’s financial fundamentals reflect an early-stage e-commerce business with a modest return on capital employed (ROCE) at -6.75% and no profitable earnings per share yet. However, the substantial market interest indicates optimism about its growth trajectory in India's rapidly expanding social commerce space.