Meesho shares pop 46% on stock market debut, close at ₹171.70

Business Dec 10, 2025

Meesho, the e-commerce platform backed by SoftBank, made a splashy entry on the stock market today.
Shares opened at ₹162.50—up 46% from its IPO price of ₹111—and quickly touched a high of ₹172.70, showing investors were seriously interested.

Massive IPO demand and plans for growth

Meesho's IPO was oversubscribed 79 times, with big institutional investors leading the way (QIBs went in 120x their share!).
The company raised over ₹2,400 crore from anchor investors alone.
Now, Meesho says it'll use these funds to boost its cloud tech, ramp up marketing, and look for smart acquisitions—all aimed at growing even faster in India's e-commerce scene.