Meesho IPO Subscription Status Day 1: Retail Fully Booked in One Hour, GMP at 41%, Full Application Guide Inside
The much-awaited IPO of Meesho opened on December 3, 2025 — and investors have already begun showing enthusiasm. The Meesho IPO Subscription Status reveals early strength: retail bids were fully filled within an hour, and the overall issue recorded a solid subscription on Day 1.
This article breaks down the Meesho IPO Subscription Status on Day 1, IPO details, grey market premium (GMP), and what that may mean for listing day.
What are the Key Details of Meesho IPO?
Here’s a snapshot of the core IPO parameters for Meesho:
| Detail | Information |
|---|---|
| IPO Open Date | 3 December 2025 |
| IPO Close Date | 5 December 2025 |
| Price Band | ₹ 105 – ₹ 111 per share (face value ₹1) |
| Issue Size (Total) | ₹ 5,421.20 crore |
| Composition | Fresh Issue ₹ 4,250 crore + Offer for Sale (OFS) ₹ 1,171.20 crore |
| Lot Size (Retail) | 135 shares per lot → Minimum investment ~ ₹14,985 at upper band |
| Reservation | QIB ~75%, NII ~15%, Retail ~10% |
| Tentative Allotment Date | 8 December 2025 (likely, as per RHP) |
| Tentative Listing Date | 10 December 2025 on BSE & NSE |
Meesho intends to use the funds for investments in cloud infrastructure, marketing and brand initiatives, inorganic growth, and general corporate purposes.
What Is The Meesho IPO Subscription Status on Day 1?
The Meesho IPO Subscription Status on Day 1 shows encouraging demand:
- Retail portion was fully subscribed within the first hour of the IPO opening.
- By late morning on Day 1, the overall IPO had drawn bids for around 11.75 crore shares against 27.79 crore shares on offer, translating to around 42 % overall subscription.
- The Non-Institutional Investor (NII) section also showed good interest, with oversubscription levels reported at roughly 1.57×.
These figures mark a strong opening — hinting at high investor confidence, especially among retail investors jumping in quick.
How to Apply for Meesho IPO Online?
Applying for the Meesho IPO online is a simple process, and investors can complete the entire application using their broker’s app or the ASBA facility offered by banks. Here’s a quick and clear guide for retail investors:
Step-by-Step Process to Apply via UPI (Broker App Route)
Most retail investors today prefer applying through UPI using platforms like Groww, Zerodha, Upstox, Paytm Money, or Angel One.
Follow these steps:
- Login to your trading app (Groww/Zerodha/Upstox or any SEBI-registered broker).
- Go to the IPO Section under “Invest” or “Explore”.
- Select Meesho IPO from the list of ongoing issues.
- Click Apply and enter the number of lots.
- Confirm the price (select “Cut-off price” for easier bidding).
- Enter your UPI ID and submit the application.
- Open your UPI app (GPay/PhonePe/Paytm) and approve the mandate.
Your IPO application gets submitted once the mandate is accepted. If you skip the mandate approval, your bid remains incomplete.
How to Apply Through ASBA (Net Banking Route)
Investors holding accounts with major banks like SBI, HDFC, ICICI, Kotak, Axis, and others can apply using ASBA, a secure process where funds remain blocked until allotment.
Steps:
- Log in to your net banking portal.
- Navigate to Investments → IPO/ASBA → Apply IPO.
- Select Meesho IPO from the active IPO list.
- Enter application details:
- Investor type (Retail)
- Number of lots
- Price (usually cut-off)
- Select your demat account registered with the bank.
- Submit and confirm the application.
ASBA ensures blocking of funds without actual debit, making it safer and more transparent.
Why Is This IPO Getting Such a Response? Analyst View & Market Context
- Meesho is backed by global heavyweights — including SoftBank — which lends credibility and instils investor confidence.
- The IPO valuations look reasonable: at the upper band, valuation stands around ₹50,096 crore ($5.6 billion), reflecting a balanced growth-vs-valuation tradeoff.
- Use of proceeds (cloud infrastructure, marketing, expansion) suggests long-term growth strategy rather than just cash burn — which fits well with investor expectations seeking sustainable growth.
That said, some analysts caution that IPO-market fatigue might emerge, given multiple large issues recently.
What Is The Meesho IPO GMP Today?
The Meesho IPO GMP today is currently showing healthy interest in Meesho’s listing. As of recent data,
- GMP was around ₹42 per share — which suggests a potential listing price of ~₹153 (upper band ₹111 + ₹42), implying a listing gain of ~38%.
- On Day 1, GMP reportedly hit ₹49 per share, indicating possible listing gains of ~44%.
- Most platforms tracking grey market activity show GMP in the ₹38–₹46 per share range recently — reinforcing expectations of a strong debut.
Note: GMP is unregulated and unofficial. It should be treated as a sentiment indicator rather than a guarantee.
Conclusion: What Does Meesho IPO Subscription Status Indicate for Listing?
The Meesho IPO Subscription Status on Day 1 reflects healthy demand — especially from retail investors — and rising grey-market optimism.
Early numbers suggest the issue could list with a premium, but realistically, long-term growth will depend on execution: expanding infrastructure, scaling operations, and capturing India’s vast e-commerce potential. For investors with an eye on India’s digital commerce boom, Meesho appears as a promising long-term bet.
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
