Meesho Share Price Turns Multibagger as Stock Extends Post-IPO Rally

Market Performance

Meesho share price extended its strong rally in the Indian stock market, emerging as a clear standout in today’s trade. The newly listed e-commerce stock scaled a fresh record high for the third session in a row on Thursday, December 18.

In intraday action, Meesho shares jumped up to 8% to hit ₹233.50 on the BSE. This also marked the fourth straight day of gains, reflecting steady buying interest since the stock entered the market.

Compared with its IPO price of ₹111, the stock has now risen close to 110%, quickly earning its place among multibagger stocks within days of listing

Main News: Meesho Share Price Extends Winning Streak

The recent rally has been swift and consistent. Over the last few sessions, the momentum in Meesho stock has only strengthened.

Price movement over recent sessions:

• Last 3 trading sessions: up 20%, 5.6%, and 3.4%
• Last 4 sessions: gains of over 41%
• Intraday high (Dec 18): ₹233.50
• IPO price: ₹111
• Total rise since IPO: ~110%

This sustained move has kept Meesho share price NSE and Meesho share price BSE firmly in focus across the broader market.

Strong Listing Set the Tone

Meesho’s post-listing surge builds on its powerful debut on the bourses last week. The stock entered the market with a sharp premium, setting the stage for its current run.

On listing day:

• NSE opening price: ₹162.50
  • 46.40% premium over IPO price
• NSE intraday high: ₹172.70
  • 55.58% gain
• BSE listing price: ₹161.20
  • 45.22% premium

The strong opening reflected robust participation and immediately positioned Meesho share among the most closely tracked new listings of the year.

IPO Snapshot

Meesho’s public issue attracted heavy interest during the subscription window, translating into a confident market debut.

Key IPO details:

• IPO size: ₹5,421 crore
• Price band: ₹105–₹111 per share
• Fresh issue: ₹4,250 crore
• Offer for sale: 10.55 crore shares worth ₹1,171 crore
• Overall subscription: 79.02 times

The scale of participation highlighted strong demand at the time of listing, which has since carried into secondary market trading.

Why Meesho Is Being Seen as a Multibagger

In a short span, Meesho has become a multibagger, a common phrase in market conversations. A stock doubling from its IPO price within days naturally draws attention, especially in the current market environment.

The rally so far has been driven by:

• A strong listing premium
• Consecutive sessions of price gains
• Consistent intraday highs

As a result, Meesho share price news continues to feature prominently among trending market stories.

Summary

The Meesho share price has delivered a powerful post-IPO performance, rising nearly 110% from its issue price of ₹111 and touching a record high of ₹233.50. With four straight sessions of gains and a strong debut backdrop, the stock has quickly earned its place among notable multibagger stocks in the Indian stock market.

As trading continues, Meesho remains one of the most closely watched newly listed stocks, reflecting how momentum and market participation can shape early post-listing journeys.