Applied for Meesho IPO? Your wait is now over as the allotment for the initial public offering is scheduled for Monday. Allotment of shares for Meesho’s Rs 5,421.20 crore IPO is scheduled for today, marking the next big step for what has become one of the most closely watched tech listings of the year. The public issue, which included a fresh issue of 38.29 crore shares and an offer for sale of 10.55 crore shares, was met with overwhelming demand, logging subscriptions 79 times the size of the offering. A total of 2,197 crore bids were placed for 27.79 crore shares, producing an overall subscription rate of 79.03 times. Qualified institutional buyers led the rush with a 120.18-times subscription, followed by non-institutional investors at 38.16 times, while the retail category recorded 19.08 times.
Strong grey-market signals ahead of listing
Sentiment around the stock continues to rise in the unofficial market. As of December 8, the grey market premium hovered around Rs 40–41 per share, around 36.04% above the upper end of the price band at Rs 111 — suggesting an expected listing range of Rs 151–152 per share. The onling shopping platform’s IPO is expected to hit the stock market December 10, Wednesday, where it will be available for trading on both NSE and BSE.
Where to check your Meesho IPO allotment status?
Investors can check their allotment status on both stock exchanges. Checking allotment status via BSE:
- First of all, users need to visit BSE website and go to the investors section.
- Now, go to the investors services link and opt for the status of issue application.
- Select the ‘Equity’ section.
- From the dropdown menu, pick ‘Meesho Ltd.’
- Enter either your application number or PAN.
- Click on the ‘Search’ button.
Checking allotment status via NSE:
- To check status through the National Stock Exchange, users need to visit the stock exchange’s website and go to the investors section for the application status.
- Now, choose ‘Equity & SME IPO bid details.’
- Choose ‘MEESHO’
- Enter application number and PAN
- Press ‘Submit.’
Financial scoreboard
Meesho’s FY25 revenue rose 23.3% to Rs 9,389.9 crore, while adjusted EBITDA losses narrowed to Rs 2,595.3 crore. Analysts point to improving unit economics and operating leverage, supported by two years of positive free cash flow — including LTM FCF of Rs 581.5 crore at the end of H1FY26. Order volumes jumped from 102.4 crore in FY23 to 183.4 crore in FY25, helped by its “everyday low price” model, contribution margin improvement of 200 bps to 4.9%, a logistics backbone designed for scale, and a zero-commission structure that sustained 15.4 crore daily active product listings during H1FY26. However, analysts continue to flag caution on competition and operational bottlenecks. Live updates issued earlier highlighted risks such as industry intensity and the high proportion of cash-on-delivery orders, which can lower successful delivery rates and increase costs. Research analyst Ishan Tanna of Ashika Institutional Equity Research told ET, “The company is still loss-making, but the market is betting on rising order volumes and improving operational efficiency to drive profitability in the future. High valuations for loss-making firms can be volatile if growth slows or costs rise, but current optimism is focused on potential rather than present profits.”
Expert recommendations
Brokerages remain broadly constructive. ICICI Direct has recommended subscribing, underscoring Meesho’s “improving operating profile, rapidly expanding user base, and attractive valuation.” SBI Securities has also backed subscription, adding that the company’s “path to sustainable profitability will be a key factor, especially as it continues investing in technology, marketing, and talent,” ET reported. With allotment results due today and a high-profile listing slated for December 10, investors now await the next big milestone in Meesho’s market debut journey.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
