Bengaluru-based e-commerce firm Meesho has set the worth band for its IPO at Rs 105 to Rs 111 per fairness share of face worth Rs 1.

The problem will open for subscription on December 3 and shut on December 5, whereas anchor buyers will take part on December 2. On the high finish of the band, the overall provide dimension involves about Rs 5,421 crore.

The IPO includes a recent challenge of as much as Rs 4,250 crore and a suggestion on the market of 10.55 crore shares by current shareholders. Early buyers, together with Elevation Capital, Peak XV Companions, Enterprise Freeway and founders Vidit Aatrey and Sanjeev Barnwal, will promote a part of their holdings.

Meesho plans to make use of the recent capital to strengthen its expertise stack, develop cloud infrastructure, enhance model visibility and enhance market programs.

For the six months ending September 2025, Meesho reported 234.2 million annual transacting customers in contrast with 175.1 million in the identical interval final yr. Orders grew to 1,261.14 million in the identical interval, up from 824.59 million. Annual transacting sellers rose to 706,471, marking sharp growth from 440,824 a yr earlier.

In FY25, Meesho posted income of Rs 9,390 crore and losses earlier than distinctive objects and tax of Rs 108 crore. Within the first half of FY26, the corporate recorded income of Rs 5,577 crore. Meesho is valued at about Rs 50,000 crore on the higher finish of the worth vary.

Meesho has constructed a robust presence in India’s value-driven e-commerce market. Its zero-commission vendor mannequin and aggressive pricing have helped the corporate construct a big person base throughout tier-II and smaller cities. The enterprise stays asset-light, serving to it scale rapidly whilst the trail to profitability stays difficult.

The IPO is being managed by Kotak Mahindra Capital, J.P. Morgan, Morgan Stanley, Axis Capital and Citigroup. KFin Applied sciences is the registrar to the problem.

The premise of allotment is anticipated to be finalised on December 8, with refunds and credit score of shares set for December 9. Buying and selling on the inventory exchanges is more likely to start on December 10.