Meesho IPO Allotment Date: How to Check Status Online, GMP After Robust Subscription

The allotment for the Rs 5,421 crore Meesho IPO will be completed on Monday after a strong three-day subscription, making it one of the busiest issues of the year. Investors who have signed up can check their allotment status via the KFin Technologies portal once the allotment is completed.The gray market premium (GMP) for Meesho is currently hovering around 42%, indicating expectations of a stock exchange listing if general market conditions remain supportive. The stock is expected to list on both the BSE and NSE on Wednesday, December 10.

How to Check Meesho IPO Allotment

Visit KFin Technologies’ IPO status page: (https://kfintech.com)Select “Meesho Limited” from the drop-down list

Enter PAN or application number

Click “Submit” to view the assignment status

Via the BSE website (https://www.bseindia.com/investors/appli_check.aspx)

Select Shares and choose Canara HSBC Life InsuranceEnter your application number and PAN

Click Search to view your assignment status

Strong demand for subscriptions

In the background, Meesho’s IPO has seen exceptionally high demand. The issue was subscribed to a total of 81.76 times. The QIB category led with a huge subscription of 123.34 times, while NII bids came in 39.85 times and retail investors subscribed 19.89 times. A total of 62.75 lakh applications were received, indicating high participation from retail investors.

The IPO is priced at Rs 105-111 per share, with retail applications starting from Rs 14,985 for one lot of 135 shares. The issue includes a fresh issue of Rs 4,250 crore and an offer for sale worth Rs 1,171 crore. Proceeds will primarily be used to finance cloud infrastructure, AI and machine learning, marketing and acquisitions through subsidiary MTPL.

The prospects for the listing are being closely watched as Meesho is one of the few major tech-led e-commerce IPOs in recent years. The GMP of 42% indicates a positive debut, although actual stock market gains will depend on market sentiment and global signals on listing day.

Company overview

Meesho operates one of India’s largest e-commerce marketplaces, connecting consumers, small sellers, logistics partners and makers. The company categorizes its activities into marketplace services and new initiatives, including a low-cost local logistics network and digital financial products.

For the year ended March 2025, revenue grew 26% to Rs 9,901 crore, but losses widened sharply to Rs 3,942 crore due to higher capex and operational costs. During the six months to September 2025, losses stood at Rs 701 crore.

The company has zero debt and reports more than 706,000 merchants and 234 million users transacting annually, one of the broadest bases in the Indian e-commerce ecosystem. Yet profitability remains the key challenge, and valuations imply negative price/earnings even after issuance.

Meesho had already raised Rs 2,439 crore from key investors as of December 2, allocating nearly 22 crore shares to long-only global and domestic funds.

As the allotment takes place, investors will be keeping a close eye on whether strong subscription demand and GMP translate into stock market gains. The results will be available on the registrar’s website on Monday evening.