Meesho IPO Allotment: How to Check Your Status, GMP, Outlook, and More
The allotment of shares for Meesho’s highly anticipated IPO, valued at ₹5,421.20 crore, is set to take place today. This public offering has garnered significant attention, with subscriptions reaching an impressive 79 times the number of shares available. The IPO consists of a fresh issue of 38.29 crore shares and an offer for sale of 10.55 crore shares, reflecting strong investor interest across various categories. The stock is expected to debut on the market on December 10, with trading available on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Overwhelming Demand for Meesho’s IPO
Meesho’s IPO has seen a remarkable response from investors, with total bids amounting to ₹2,197 crore for 27.79 crore shares. This translates to an overall subscription rate of 79.03 times, showcasing the high demand for the shares. Qualified institutional buyers led the charge, subscribing 120.18 times, while non-institutional investors followed closely at 38.16 times. Retail investors also showed strong interest, with a subscription rate of 19.08 times. This overwhelming demand highlights the confidence investors have in Meesho’s business model and growth potential in the competitive e-commerce landscape.
Positive Signals from the Grey Market
Ahead of its official listing, Meesho’s stock is receiving favorable signals in the grey market. As of December 8, the grey market premium was reported to be around ₹40–41 per share, which is approximately 36.04% above the upper end of the IPO price band set at ₹111. This suggests that investors anticipate a listing price between ₹151 and ₹152 per share. The excitement surrounding Meesho’s IPO reflects the growing optimism about its future performance in the stock market, with many looking forward to its trading debut on December 10.
How to Check Your Meesho IPO Allotment Status
Investors eager to check their allotment status can do so through both the BSE and NSE websites. For the BSE, users should navigate to the investors section, select the status of issue application, and choose ‘Meesho Ltd.’ from the dropdown menu. They will need to enter either their application number or PAN and click the ‘Search’ button. Similarly, for the NSE, investors can visit the stock exchange’s website, select ‘Equity & SME IPO bid details,’ choose ‘MEESHO,’ and enter the required details to submit their request. This straightforward process allows investors to quickly confirm their allotment status.
Financial Performance and Future Outlook
Meesho’s financial performance shows promising growth, with revenue for FY25 increasing by 23.3% to ₹9,389.9 crore. The company’s adjusted EBITDA losses have narrowed to ₹2,595.3 crore, indicating improvements in unit economics and operational efficiency. Analysts note that Meesho has achieved two consecutive years of positive free cash flow, with a last twelve months (LTM) free cash flow of ₹581.5 crore by the end of H1FY26. Order volumes have also surged, rising from 102.4 crore in FY23 to 183.4 crore in FY25. However, analysts caution about potential challenges, including intense competition and operational bottlenecks. Despite these concerns, brokerages remain optimistic, with recommendations to subscribe to the IPO based on Meesho’s expanding user base and improving operational profile. As the allotment results are announced today, investors are keenly awaiting the next significant milestone in Meesho’s market journey.
Observer Voice is the one stop site for National, International news, Sports, Editor’s Choice, Art/culture contents, Quotes and much more. We also cover historical contents. Historical contents includes World History, Indian History, and what happened today. The website also covers Entertainment across the India and World.
Follow Us on Twitter, Instagram, Facebook, & LinkedIn
