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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.

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