Meesho's IPO: Grey market premium surges to 38%

Business Dec 01, 2025

Meesho's IPO is getting a lot of buzz, with its gray market premium jumping to 38%.
Backed by SoftBank, the company is opening its ₹5,421 crore public issue from December 3-5, with shares priced at ₹105-111.
At the highest price, Meesho's valuation touches ₹50,096 crore.

What else to know

Share allotment happens on December 8 and listing follows on December 10. Meesho has trimmed its Offer For Sale—a move that signals confidence from the promoters.
With no direct listed rivals and a tech-driven business (think GenAI tools and a zero-commission policy), Meesho stands out in the marketplace and is drawing strong investor interest.