Meesho shares dip after eye-catching IPO debut

Business Dec 22, 2025

Meesho's stock just slid 8% in two days, settling at ₹216.75 on Monday.
This comes right after a head-turning debut—shares had doubled from the IPO price of ₹111 thanks to huge investor buzz and a short supply, which even triggered a big auction of shares.

What's behind the hype—and what's next?

Meesho's ₹5,000 crore IPO was wildly popular, oversubscribed 79 times (with retail investors going all-in).
The stock launched at ₹162—a solid 46% above its issue price—but has been pretty volatile since, partly because only about 6% of shares are available for trading.
Still, analysts are upbeat: UBS gave Meesho a "Buy" rating with a target of ₹220, and others see big potential in its focus on smaller cities and towns.