The allotment for the Meesho IPO has been finalised today, December 8. Investors who applied for the issue can now check whether they received shares through the registrar KFin Technologies, the NSE, or the BSE websites.
Refunds for applicants who did not receive shares will be processed on December 9, and shares will be credited to the demat accounts of successful bidders on the same day. Meesho is set to make its market debut on December 10 on both the BSE and NSE.
Strong Grey Market Premium
The Meesho IPO continues to attract strong interest in the unofficial market.
The GMP (Grey Market Premium) is currently around ₹42, suggesting a possible listing price of ₹153, about 38% higher than the IPO price of ₹111. Although the grey market does not guarantee performance, the positive trend indicates strong investor sentiment.
How to Check Allotment Status
Investors can check their allotment using any of the following:
1. KFin Technologies (Registrar)
- Visit the KFin IPO status page
- Select “Meesho Limited”
- Enter PAN, application number, or demat number
- Submit to view status
2. NSE Website
- Visit the NSE IPO status page
- Sign in using PAN
- Enter application details
- Check your status
3. BSE Website
- Visit the BSE allotment page
- Choose “Equity”
- Select “Meesho Limited”
- Enter PAN or application number
- Submit to view status
Huge Subscription Demand
The Meesho IPO received an overwhelming response from investors.
The ₹5,421 crore issue was subscribed 79 times overall, making it one of the most sought-after issues in recent months.
- QIBs: 120+ times
- Non-institutional investors: 38+ times
- Retail investors: 19+ times
Such high demand significantly reduces the chances of allotment for small investors.
About the Company
Meesho, an e-commerce platform backed by SoftBank, has rapidly grown by targeting value-conscious customers in Tier-2 and Tier-3 cities. The company runs on a zero-commission model, making it attractive for small sellers. Its revenues mainly come from logistics and advertising services.
Over the years, Meesho has seen strong growth in users and order volumes, becoming one of the largest online marketplaces in India by the number of orders and active users.
Financial Performance
- Revenue rose to ₹5,577 crore in the first half of FY25
- Losses reduced sharply to ₹700 crore, compared to ₹2,512 crore last year
- FY25 losses included one-time restructuring costs for the IPO
Despite the losses, the company has started generating positive cash flows.
What’s Next?
With the allotment complete and a positive grey market trend, all eyes are now on Meesho’s listing on December 10. Traders expect a strong debut, but long-term investors will watch whether the company can continue growing while improving profitability.