Description

Meesho Limited's equity shares admitted to trading on NSE Capital Market segment effective December 10, 2025 following IPO at issue price of Rs. 111 per share.

Summary

National Stock Exchange of India has notified the listing of equity shares of Meesho Limited on the Capital Market segment effective December 10, 2025. The company’s IPO consists of 4,513,131,000 equity shares of Re. 1/- face value at an issue price of Rs. 111 per share. The security will trade under symbol ‘MEESHO’ with ISIN INE0VDM01015 and will participate in the pre-open session for IPO category scrips.

Key Points

  • Symbol: MEESHO
  • ISIN: INE0VDM01015
  • Face Value: Re. 1/-
  • Issue Price: Rs. 111 per share
  • Total Shares: 4,513,131,000 equity shares
  • Market Lot: 1 share
  • Series: EQ (Equity)
  • Pari Passu: Yes
  • Trading Commencement: December 10, 2025
  • Pre-open Session: Applicable as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012

Company Details

Registered Office: 3rd Floor, Wing - E Helios Business Park, Kadubeesanahalli Village, Varthur Hobli, Outer Ring Road, Bengaluru, 560 103, Karnataka

Company Secretary: Mr. Rahul Bhardwaj

Registrar: KFin Technologies Limited, Mumbai

Financial Year: April 2025 - March 2026

Lock-in Details

Various tranches of shares have different lock-in periods:

  • 929,525,329 shares: Locked until June 09, 2027
  • 3,061,896,028 shares: Locked until June 09, 2026
  • 11,942,406 shares: Free (no lock-in)
  • 21,370,516 shares: Locked until June 09, 2026
  • 105,513,839 shares: Free (no lock-in)
  • 109,889,227 shares: Locked until January 06, 2026
  • 109,889,297 shares: Locked until March 07, 2026
  • 163,104,358 shares: Free (no lock-in)

Note: 4,069,973,402 equity shares held by Meesho Inc. and 48 shares held by Vidit Aatrey as nominee of Meesho Inc. were cancelled pursuant to scheme terms.

Regulatory Changes

No new regulatory changes. Listing conducted under existing regulations:

  • Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A
  • Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A
  • SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012 for pre-open session

Compliance Requirements

  • Members must identify the security by designated code ‘MEESHO’ and ISIN INE0VDM01015
  • Trading must be conducted in specified market lot of 1 share
  • Security will participate in pre-open session for IPO category as per SEBI guidelines
  • Lock-in restrictions must be observed as per annexure details

Important Dates

  • Circular Date: December 09, 2025
  • Listing Effective Date: December 10, 2025
  • Circular Effective Date: December 10, 2025
  • Lock-in Expiry Dates: January 06, 2026 / March 07, 2026 / June 09, 2026 / June 09, 2027 (varies by tranche)

Impact Assessment

Market Impact: High - Meesho Limited is a major e-commerce platform entering public markets with significant market capitalization (approximately Rs. 50,100 crores based on issue price). The listing adds a significant technology/e-commerce stock to the exchange.

Trading Impact: The security will be available for trading from December 10, 2025 with participation in pre-open session, providing price discovery before regular trading hours. The market lot of 1 share provides high accessibility for retail investors.

Liquidity Impact: With over 4.51 billion shares issued, significant portion has lock-in restrictions ranging from 3 months to 2.5 years, which will impact initial float and liquidity. Free float shares available immediately represent a smaller portion of total issued capital.

Impact Justification

Major IPO listing of Meesho Limited with 4.51 billion shares, significant e-commerce platform entering public markets