Home Finance Meesho IPO GMP Day 1 Live: Softbank-backed Meesho’s Rs 5,421 crore-IPO opens at price band of Rs 105-111

Meesho IPO GMP Day 1 Live: Softbank-backed Meesho’s Rs 5,421 crore-IPO opens at price band of Rs 105-111

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Meesho IPO GMP Day 1 Live: Softbank-backed Meesho’s Rs 5,421 crore-IPO opens at price band of Rs 105-111

Meesho logo is seen in this illustration taken August 7, 2023. Reuters/Dado Ruvic/Illustration

Meesho logo is seen in this illustration taken August 7, 2023. Reuters/Dado Ruvic/Illustration | Photo Credit: Dado Ruvic

eesho IPO Day 1 live updates: SoftBank-backed e-commerce firm Meesho is aiming to raise Rs 5,421 crore through its IPO, which opens for subscription on December 3 and concludes on December 5. The company has fixed a price band of Rs 105-111 per share, valuing Meesho at Rs 50,096 crore (USD 5.6 billion) at the upper end.

On Tuesday, it has garnered a little over Rs 2,439 crore from anchor investors, including SBI Mutual Fund, Fidelity Funds, and BlackRock.

The IPO will comprise a fresh issue of shares worth Rs 4,250 crore, along with an offer for sale (OFS) of 10.55 crore shares valued at Rs 1,171 crore at the upper band, taking the total issue size to Rs 5,421 crore.

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    Meesho IPO Day 1 live updates: Anchor book

    Prominent names such as SBI Mutual Fund, Tiger Global, ADIA, GIC, BlackRock, GIC, Fidelity, WCM investment, Goldman Sachs and Dragoneer Participated in the anchor book among the others.

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  • December 3, 2025 09:28

    Meesho IPO Day 1 live: Key things to know and should you subscribe?

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  • December 3, 2025 09:28

    Meesho IPO Day 1 live UPDATES: Anchor portion

    The ecommerce firm mobilized Rs 2,439 cr from anchor investors ahead of IPO

Published on December 3, 2025

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