Meesho IPO Subscription Status
Meesho IPO closed on 5 December 2025 with an overall subscription of 81.76x based on shares applied. QIB demand came in at 123.34x, NII at 39.87x, and retail at 19.94x.
Allotment will be finalised on 8 December 2025. The stock is scheduled to list on NSE and BSE on 10 December 2025.
Issue Price
Rs 111.00
GMP Today
Rs 43.00 (+38.74%)
Overall Subscription
81.76x
Issue Size
₹5421.20 Cr
Allotment Date
8 Dec 2025
Listing Date
10 Dec 2025
Meesho IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 111.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 1,626.36 Cr | Rs 2,00,596.34 Cr | 123.34x |
| FII | - | Rs 90,151.63 Cr | - |
| DFI | - | Rs 65,615.21 Cr | - |
| Mutual Funds | - | Rs 18,309.79 Cr | - |
| Other | - | Rs 26,519.72 Cr | - |
| NII | Rs 813.18 Cr | Rs 32,424.30 Cr | 39.87x |
| bNII (above Rs 10L) | Rs 542.12 Cr | Rs 23,658.70 Cr | 43.64x |
| Corporate | - | Rs 235.89 Cr | - |
| Individual | - | Rs 21,985.23 Cr | - |
| Other | - | Rs 1,437.58 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 271.06 Cr | Rs 8,765.61 Cr | 32.34x |
| Corporate | - | Rs 16.28 Cr | - |
| Individual | - | Rs 8,425.20 Cr | - |
| Other | - | Rs 324.13 Cr | - |
| Retail | Rs 542.12 Cr | Rs 10,809.75 Cr | 19.94x |
| Cut-off price | - | Rs 9,153.81 Cr | - |
| Fixed price | - | Rs 1,655.94 Cr | - |
| Total | Rs 2,981.66 Cr | Rs 2,43,830.40 Cr | 81.78x |
Meesho IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 14,65,19,017 | 3,074 | 0.00x |
| FII | - | 312 | - |
| DFI | - | 73 | - |
| Mutual Funds | - | 118 | - |
| Other | - | 2,571 | - |
| NII | 38,762 | 6,20,861 | 16.02x |
| bNII (above Rs 10L) | 25,841 | 2,22,831 | 8.62x |
| Corporate | - | 1,762 | - |
| Individual | - | 2,08,506 | - |
| Other | - | 12,563 | - |
| sNII (Rs 2L to Rs 10L) | 12,921 | 3,98,030 | 30.80x |
| Corporate | - | 626 | - |
| Individual | - | 3,82,247 | - |
| Other | - | 15,157 | - |
| Retail | 3,61,775 | 58,04,529 | 16.04x |
| Cut-off price | - | 46,03,958 | - |
| Fixed price | - | 12,00,571 | - |
| Total | 14,69,19,554 | 64,28,464 | 0.04x |
What Do These Subscription Numbers Mean?
A subscription of 81.76x by shares means the IPO received bids for 82 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 123.34x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 123.34x, it reflects serious institutional conviction.
NII at 16.02x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 8.62x and sNII at 30.80x by applications. Share subscription was 39.87x. Allotment uses application count, not share volume.
At 16.04x subscription by applications, approximately 1 in 16 retail applicants can expect an allotment (~6% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 19.94x. Allotment uses application count, not share volume.
Meesho IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 16.04x.
- •Allotment odds: about 1 in 16 (~6% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 19.94x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 30.80x.
- •Allotment odds: about 1 in 31 for a minimum-lot application (~3% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 32.34x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 8.62x.
- •Allotment odds: about 1 in 9 for a minimum-lot application (~12% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 43.64x. Allotment uses application count, not share volume.
Check the Meesho IPO Allotment Status page from 8 December 2025 for your allotment result.
Meesho IPO GMP After Subscription
GMP for Meesho IPO stands at Rs 43.00 today, giving an estimated listing price of Rs 154.00 per share.
The GMP has moved up from Rs 33.00 on 27 Nov 2025 to Rs 39.00 on 8 Dec 2025.
A subscription of 81.76x combined with a GMP of 38.74% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Meesho IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Meesho IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 3 Dec 2025 | 2.18x | 1.90x | 4.13x | 2.46x |
| Day 2 - 4 Dec 2025 | 7.15x | 9.63x | 9.65x | 8.28x |
| Day 3 - 5 Dec 2025 | 123.34x | 39.85x | 19.89x | 81.76x |
Meesho IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 3 December 2025 |
| IPO Close Date | 5 December 2025 |
| Allotment Date | 8 December 2025 |
| Refund Initiation | 9 December 2025 |
| Share Credit to Demat | 9 December 2025 |
| Listing Date | 10 December 2025 |
| Minimum Investment | Rs 14,985.00 |
| Lot Size | 135 shares |
About Meesho IPO
Meesho is a multi-sided technology platform that drives e-commerce in India, primarily by connecting consumers, sellers, logistics partners, and content creators. It became India’s largest marketplace in terms of total orders and annual transacting users in the 12 months ending June 30, 2025 (Redseer Report). Meesho operates a zero-commission model, focusing on affordable, low-priced products, especially for value-conscious shoppers outside India's top 8 cities.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Meesho IPO Subscription FAQs
What is Meesho IPO IPO subscription status today?
Meesho IPO IPO subscription closed on 5 December 2025 with overall subscription of 81.76x (by shares) as of 8 July 2026, 1:01 AM IST. QIB 123.34x, NII 16.02x, Retail 16.04x.
What is the overall subscription of Meesho IPO IPO?
Meesho IPO IPO is subscribed 81.76x overall by shares at close on 5 December 2025. QIB 123.34x, NII 16.02x, and Retail 16.04x.
What is Meesho IPO IPO QIB subscription?
Meesho IPO IPO QIB (Qualified Institutional Buyers) subscription is 123.34x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Meesho IPO IPO Retail subscription?
Meesho IPO IPO Retail subscription is 16.04x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Meesho IPO IPO NII subscription?
Meesho IPO IPO NII (Non-Institutional Investors) subscription is 16.02x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Meesho IPO IPO for retail?
At 16.04x subscription by applications, approximately 1 in 16 retail applicants can expect an allotment (~6% per application). Allotment is done by lottery. Share subscription was 19.94x. Allotment uses application count, not share volume.
When is Meesho IPO IPO allotment date?
Meesho IPO IPO allotment date is 8 December 2025. Check Meesho IPO Allotment Status on IPOwiz from that day using your PAN.
When does Meesho IPO IPO subscription close?
Meesho IPO IPO subscription closed on 5 December 2025. No new applications are accepted after the close.
What is Meesho IPO IPO GMP today?
Meesho IPO IPO GMP is ₹43 today (+38.74% over issue price ₹111). See live GMP on the Meesho IPO GMP Today page.
What is Meesho IPO IPO issue price and lot size?
Meesho IPO IPO issue price is ₹111 per share. Lot size is 135 shares. Minimum investment is ₹14,985 per lot. Issue size: ₹5421.20 Cr.
When is Meesho IPO IPO listing date?
Meesho IPO IPO listing date is 10 December 2025 on NSE and BSE. Allotment is on 8 December 2025.
How does subscription affect Meesho IPO IPO allotment?
Allotment odds in Meesho IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 16.02x by applications means roughly 1 in 16 for minimum-lot bids; bNII at 8.62x (~1 in 9). At 81.76x overall, competition is very high.
For allotment results from 8 December 2025, visit the Meesho IPO Allotment Status page. For listing day updates on 10 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.