July 09, 2026 01:06 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Dalal Street bleeds! Sensex tanks over 1,600 points after Trump declares Iran ceasefire 'over' | 'It's over': Trump says on ceasefire with Iran | PM Modi visits 1,000-year-old Prambanan Temple in Indonesia, shares majestic aerial view of the holy site | Baruipur minor rape-murder case: Key accused Pravash Mondal killed in encounter | 'We have been cheated': Egypt coach slams refereeing after Argentina match sparks controversy | From 0-2 to victory! Argentina stage miraculous comeback amid referee drama to crush Egypt's World Cup dream | Amid outrage over Baruipur, another minor girl allegedly raped in West Bengal | Kerala rain fury: 2 dead, 10 feared trapped as massive Wayanad landslide triggers rescue race | Rick Scott revives Bin Laden issue, questions Pakistan's credibility as Iran mediator | Mbappé vs Paraguayan Senator: Ugly World Cup spat spirals into international controversy
Meesho
Meesho shares maintain positive momentum. Photo: Meesho/Facebook

Meesho shares soar 14% — stock now 55% above IPO price!

| @indiablooms | Apr 09, 2026, at 12:09 pm

Mumbai/IBNS: Shares of Meesho Ltd. surged 14% on Thursday, extending their positive momentum, according to media reports.
 

The stock is currently trading around 55% above its issue price of ₹111 per share.

Around 3.4 crore shares changed hands within 90 minutes of trading in the session, CNBC TV 18 reported.

The company’s market capitalisation has risen sharply to ₹75,854.60 crore.

Meesho Market Debut – Key Briefs

  • Strong listing: Meesho made a stellar Dalal Street debut on December 10, 2025, listing at around ₹162–163 per share — a ~46% premium over its IPO price of ₹111.
  • Robust investor demand: The ₹5,400+ crore IPO was heavily oversubscribed (around 79 times), reflecting strong interest from retail and institutional investors.
  • High valuation: The listing pushed the company’s valuation to nearly ₹73,000 crore ($8.7 billion), underlining confidence in India’s digital commerce growth story.
  • Sharp early rally: Shares surged further post-listing, rising up to 50–60% intraday and continuing gains in subsequent sessions.
  • Post-listing momentum: Within days, the stock climbed over 70% from IPO price, adding significant market capitalisation.
  • Business appeal: Investor optimism was driven by Meesho’s asset-light, zero-commission model and strong presence in Tier-2 and Tier-3 markets.
  • Mixed post-debut outlook: While revenue growth and user expansion remained strong, losses widened due to higher marketing and expansion costs, raising concerns about profitability.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm