Meesho Ltd

Meesho will hold a meeting of the Board of Directors of the Company on 30 January 2026.Powered by Capital Market - Live

In an exchange filing, Meesho said Megha Agarwal, General Manager ' Business and a senior management personnel, tendered her resignation on 7 January 2026. The company added that detailed disclosures will be made at the prescribed time. Separately, the company announced an internal role change. Milan Partani, currently General Manager ' User Growth and Content Commerce, will assume the role of General Manager ' Commerce Platform and will continue to be classified as a senior management personnel. The stock had already come under pressure in the previous session, slipping about 5% after the expiry of a one-month shareholder lock-in period. Around 10.99 crore shares, or nearly 2% of the company's outstanding equity, reportedly became eligible for trading following the lock-in expiry. Market participants noted that eligibility does not necessarily translate into immediate selling. Meesho made its stock market debut on 10 December 2025. The stock is up 49.23% over its IPO price of Rs 111 and has gained 2.76% from its listing price of Rs 161.20. Post listing, the stock surged 57.97% from its listing price to hit a record high of Rs 254.65 on 18 December 2025, before witnessing profit-taking. The stock is currently down about 35% from its peak levels. The company's initial public offering had seen strong investor demand, with the issue subscribed 79.03 times. The IPO was open for subscription between December 3 and December 5 at a price band of Rs 105 to Rs 111 per share. Meesho has said it plans to use the IPO proceeds to strengthen its cloud infrastructure, invest in technology and AI talent, scale up marketing and brand-building initiatives, pursue inorganic growth opportunities and meet general corporate requirements. Meesho operates a multi-sided e-commerce platform connecting consumers, sellers, logistics partners and content creators. Order fulfilment is handled through its in-house logistics arm, Valmo, along with third-party logistics partners. For the quarter ended September 2025, the company reported a consolidated net loss of Rs 700.72 crore, while revenue stood at Rs 5,577.54 crore. Net merchandise value per annual transacting seller grew at a CAGR of 16.86% between FY23 and FY25. Powered by Capital Market - Live

Around 10.99 crore shares, or nearly 2% of the company's outstanding equity, have reportedly become eligible for trading following the end of the lock-in. However, this does not necessarily indicate immediate selling, as the expiry only allows these shares to be traded. Meesho made its stock market debut on 10 December 2025. The stock is up 56.04% over its IPO price of Rs 111 and has gained 7.44% from its listing price of Rs 161.20. Post listing, the stock had surged 57.97% from its listing price to hit a record high of Rs 254.65 on 18 December 2025, before witnessing profit-taking. The stock is currently down about 32% from its peak levels. The company's initial public offering had seen strong investor interest, with the issue subscribed 79.03 times. The IPO was open for subscription between December 3 and December 5, with a price band of Rs 105 to Rs 111 per share. Meesho plans to utilise the IPO proceeds to strengthen its cloud infrastructure, invest in technology and AI talent, scale up marketing and brand-building initiatives, pursue inorganic growth opportunities and meet general corporate requirements. The company operates a multi-sided e-commerce platform connecting consumers, sellers, logistics partners and content creators. Order fulfilment is managed through its in-house logistics arm, Valmo, as well as third-party logistics partners. For the quarter ended September 2025, Meesho reported a consolidated net loss of Rs 700.72 crore, while revenue stood at Rs 5,577.54 crore. Its net merchandise value per annual transacting seller grew at a CAGR of 16.86% between FY23 and FY25. Powered by Capital Market - Live

The stock touched a record high of Rs 208.50 so far in the session. The brokerage highlighted Meesho's asset-light business model and negative working capital structure, noting that these features have enabled the company to generate consistent positive cash flows, unlike many other internet-led peers. The broker expects Meesho's net merchandise value to grow at a robust 30% CAGR over FY25 to FY30E. Contribution margins are seen improving to 6.8% of NMV, while adjusted EBITDA margins are projected to rise to 3.2% by FY30E. According to the brokerage, NMV growth will be driven by a sharp expansion in annual transacting users to 518 million from 199 million, along with an increase in annual ordering frequency to 14.7 from 9.2. Average order values are expected to moderate to Rs 233 from Rs 274 as logistics efficiencies are passed on across the ecosystem. Meesho made its stock market debut on December 10. The stock has rallied 77.43% over its IPO price of Rs 111 and is up 22.18% from its listing price of Rs 161.20. The company's initial public offering saw strong investor demand, with the issue subscribed 79.03 times. Bids were received for 2,196.67 crore shares against an offer size of 27.79 crore shares. The IPO was open between December 3 and December 5, with a price band of Rs 105 to Rs 111 per share. Meesho plans to use the IPO proceeds to strengthen cloud infrastructure, invest in technology and AI talent, scale marketing and brand-building initiatives, pursue inorganic growth opportunities and meet general corporate needs. The company operates a multi-sided e-commerce platform that connects consumers, sellers, logistics partners and content creators. Order fulfilment is handled either through its in-house logistics arm Valmo or through third-party logistics partners. Meesho's net merchandise value per annual transacting seller grew at a CAGR of 16.86% between FY23 and FY25. For the quarter ended September 2025, the company reported a consolidated net loss of Rs 700.72 crore, while revenue stood at Rs 5,577.54 crore. Powered by Capital Market - Live

Meesho listed on the stock exchanges on December 10. The stock has gained 62.93% over its IPO price of Rs 111 and is up 12.19% from its listing price of Rs 161.20. A domestic brokerage recently initiated coverage on the stock with a Buy rating and a target price of Rs 200. The brokerage cited a faster path to profitability as a key trigger and said it expects Meesho's revenue to grow at a 31% CAGR between FY25 and FY28, driven by deeper value-commerce penetration and logistics efficiencies. EBITDA is seen turning positive by FY27. The company's IPO received strong investor interest. It was subscribed 79.03 times, with bids for 2,196.67 crore shares against an offer size of 27.79 crore shares. The issue opened on December 3 and closed on December 5, with a price band of Rs 105 to Rs 111 per share. The company plans to deploy IPO proceeds towards cloud infrastructure, technology and AI talent, marketing and brand building, as well as inorganic growth and general corporate purposes. Meesho operates a multi-sided e-commerce platform connecting consumers, sellers, logistics partners and content creators. Orders are fulfilled either through its in-house logistics platform Valmo or through third-party logistics partners. The company said net merchandise value per annual transacting seller grew at a CAGR of 16.86% between FY23 and FY25. For the quarter ended September 2025, Meesho reported a consolidated net loss of Rs 700.72 crore and revenue of Rs 5,577.54 crore. Powered by Capital Market - Live

The scrip was listed at Rs 161.20, exhibiting a premium of 45.23% to the issue price. So far, the stock has hit a high of Rs 172 and a low of Rs 161.20. On the BSE, over 1.77 crore shares of the company were traded in the counter so far. The offer received bids for 2,196.67 crore shares as against 27.79 crore shares on offer. The issue was subscribed 79.03 times. The issue opened for bidding on 3 December 2025 and it closed on 5 December 2025. The price band of the IPO is fixed between Rs 105 and 111 per share. The IPO had consisted of a fresh issue of Rs 4,250 crore and an offer for sale of 10,55,13,839 equity shares. At the upper end of the price band, the issue size had stood at Rs 5,421.05 crore. Ahead of the IPO, on 2 December 2025, Meesho had raised Rs 2,439.54 crore from anchor investors by allotting 21.97 crore shares at Rs 111 each to 125 anchor investors. Meesho proposes to utilize Rs 1,390 crore from the net fresh issue proceeds for cloud infrastructure at its subsidiary, Meesho Technologies (MTPL), and Rs 480 crore to cover salaries for existing and new hires in the machine learning, AI, and technology teams involved in AI and tech development at MTPL. Additionally, Rs 1,020 crore is reserved for marketing and brand-building initiatives for MTPL. The balance will be utilized to fund inorganic growth via acquisitions, other strategic projects, and general corporate purposes. Meesho is a multi-sided technology platform driving e-commerce in India by connecting four key stakeholders: consumers, sellers, logistics partners, and content creators. The company operates its e-commerce marketplace under the brand name 'Meesho,' enabling consumers to access a wide range of affordable products while offering sellers a low-cost platform to grow their businesses. Orders placed on Meesho are fulfilled either through (i) the company's proprietary and unique technology platform `Valmo', which orchestrates a multistage logistics network across multiple logistics partners, or (ii) end-to-end logistics partners The net merchandise value (NMV) per annual transacting seller increased at a CAGR of 16.86% from Rs 427,429.78 in FY2023 to Rs 583,697.39 in FY2025. For the quarter ended 30 September 2025, the firm recorded a consolidated net loss of Rs 700.72 crore and sales of Rs 5,577.54 crore.Powered by Capital Market - Live

The equity shares of Meesho (Scrip Code: 544632) are listed effective 10 December 2025 and admitted to dealings on the Exchange in the list of ''B'' Group Securities.Powered by Capital Market - Live