Meesho Ipo
Meesho IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Kotak Mahindra Capital Co. Ltd.
JP Morgan India Pvt. Ltd.
Morgan Stanley India Co. Pvt. Ltd.
Axis Capital Ltd.
Citigroup Global Markets India Pvt.Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ₹- |
| Retail Maximum | – | – | ₹- |
| S-HNI Minimum | – | – | ₹- |
| S-HNI Maximum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
| Anchor Bidding Date | 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2025 |
| lock-in period end date 50% shares (90 Days) | 2025 |
| IPO Open Date: | December 3, 2025 |
| IPO Close Date: | December 5, 2025 |
| Basis of Allotment: | December 8, 2025 |
| Refunds: | December 9, 2025 |
| Credit to Demat Account: | December 9, 2025 |
| IPO Listing Date: | December 10, 2025 |
| IPO Bidding Cut-off Time: | December 5, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,94,74,98,633 | 18.51% |
| Promoter Holding Post Issue | – | -% |
| Purpose | Crores |
| Investment for cloud infrastructure, in MTPL, our Subsidiary | ₹1,390 |
| Payment of salaries of the existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by MTPL, the Subsidiary | ₹480 |
| Investment in MTPL, our Subsidiary, for expenditure towards marketing and brand initiatives | ₹1,020 |
| Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹5,897.69 | ₹7,569.59 | ₹1,671.90 | ₹3,853.35 |
| 2024 | ₹7,859.24 | ₹8,173.78 | ₹327.64 | ₹4,160.99 |
| 2025 | ₹9,900.90 | ₹10,009.33 | ₹3,941.71 | ₹7,226.09 |
| June 2025 | ₹2,629.96 | ₹2,777.65 | ₹289.36 | ₹6,049.60 |
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹(9.98) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (252.37)% |
| Net Asset Value (NAV): | ₹3.68 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Eternal Limited | 0.60 | 599.57 | 2.16% | 31.42 | 20,243 Cr. |
| Swiggy Limited | (13.72) | – | (30.50)% | 40.98 | 15,226.76 Cr. |
| Brainbees Solutions Limited | (4.11) | – | (26.63)% | 91.00 | 7,659.61 Cr. |
| FSN E-Commerce Ventures Limited | 0.23 | 1112.13 | 5.21% | 4.55 | 7,949.82 Cr. |
| Vishal Mega Mart Limited | 1.40 | 107.14 | 9.85% | 13.92 | 10,716.35 Cr. |
| Trent Limited | 43.51 | 106.12 | 27.93% | 153.64 | 17,134.61 Cr. |
| Avenue Supermarts Limited | 41.61 | 101.33 | 13.63% | 329.29 | 59,358.05 Cr. |
| IPO Open Date | December 3, 2025 |
| IPO Close Date | December 5, 2025 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹[.] to ₹[.] Per Share |
| Issue Size | Approx ₹[.] Crores |
| Fresh Issue | Approx ₹4,250 Crores |
| Offer for Sale: | Approx 175,696,602 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |