4 months ago
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ARTICLE AD BOX
The allotment of shares for Meesho’s Rs 5,421.20 crore IPO is scheduled for today, marking the adjacent large measurement for what has go 1 of the astir intimately watched tech listings of the year.
The nationalist issue, which included a caller contented of 38.29 crore shares and an connection for merchantability of 10.55 crore shares, was met with overwhelming demand, logging subscriptions 79 times the size of the offering. A full of 2,197 crore bids were placed for 27.79 crore shares, producing an wide subscription complaint of 79.03 times. Qualified organization buyers led the unreserved with a 120.18-times subscription, followed by non-institutional investors astatine 38.16 times, portion the retail class recorded 19.08 times.
Strong grey-market signals up of listing
Sentiment astir the banal continues to emergence successful the unofficial market. As of December 8, the grey marketplace premium hovered astir Rs 40–41 per share, astir 36.04% supra the precocious extremity of the terms set astatine Rs 111 — suggesting an expected listing scope of Rs 151–152 per share. The onling buying platform's IPO is expected to deed the banal marketplace December 10, Wednesday, wherever it volition beryllium disposable for trading connected some NSE and BSE.
Where to cheque your Meesho IPO allotment status?
Investors tin cheque their allotment presumption connected some banal exchanges. Checking allotment presumption via BSE:
- First of all, users request to sojourn BSE website and spell to the investors section.
- Now, spell to the investors services nexus and opt for the presumption of contented application.
- Select the ‘Equity’ section.
- From the dropdown menu, prime ‘Meesho Ltd.’
- Enter either your exertion fig oregon PAN.
- Click connected the ‘Search’ button.
Checking allotment presumption via NSE:
- To cheque presumption done the National Stock Exchange, users request to sojourn the banal exchange's website and spell to the investors conception for the exertion status.
- Now, take ‘Equity & SME IPO bid details.’
- Choose ‘MEESHO’
- Enter exertion fig and PAN
- Press ‘Submit.’
Financial scoreboard
Meesho’s FY25 gross roseate 23.3% to Rs 9,389.9 crore, portion adjusted EBITDA losses narrowed to Rs 2,595.3 crore. Analysts constituent to improving portion economics and operating leverage, supported by 2 years of affirmative escaped currency travel — including LTM FCF of Rs 581.5 crore astatine the extremity of H1FY26. Order volumes jumped from 102.4 crore successful FY23 to 183.4 crore successful FY25, helped by its “everyday debased price” model, publication borderline betterment of 200 bps to 4.9%, a logistics backbone designed for scale, and a zero-commission operation that sustained 15.4 crore regular progressive merchandise listings during H1FY26. However, analysts proceed to emblem caution connected contention and operational bottlenecks. Live updates issued earlier highlighted risks specified arsenic manufacture strength and the precocious proportionality of cash-on-delivery orders, which tin little palmy transportation rates and summation costs. Research expert Ishan Tanna of Ashika Institutional Equity Research told ET, “The institution is inactive loss-making, but the marketplace is betting connected rising bid volumes and improving operational ratio to thrust profitability successful the future.
High valuations for loss-making firms tin beryllium volatile if maturation slows oregon costs rise, but existent optimism is focused connected imaginable alternatively than contiguous profits.”
Expert recommendations
Brokerages stay broadly constructive. ICICI Direct has recommended subscribing, underscoring Meesho’s “improving operating profile, rapidly expanding idiosyncratic base, and charismatic valuation.” SBI Securities has besides backed subscription, adding that the company’s “path to sustainable profitability volition beryllium a cardinal factor, particularly arsenic it continues investing successful technology, marketing, and talent,” ET reported. With allotment results owed contiguous and a high-profile listing slated for December 10, investors present await the adjacent large milestone successful Meesho’s marketplace debut journey.(Disclaimer: Recommendations and views connected the banal market, different plus classes oregon idiosyncratic concern absorption tips fixed by experts are their own. These opinions bash not correspond the views of The Times of India)
