Meesho IPO Day 2 Subscription Surges 3x; Retail Bids Lead the Demand

Meesho IPO Day 2 Subscription Surges 3x; Retail Bids Lead the Demand

The Meesho IPO has entered Day 2 with strong interest from investors across segments. The offering, one of the most closely watched public issues in recent months, is seeing momentum build steadily as more bids flow in. For a platform that reshaped India’s value-commerce space, this moment feels like a natural next chapter—opening itself to the public markets after years of scale.

Market Performance: Strong Traction on Day 2

The Meesho IPO continued to attract firm demand on December 4. By 11 AM, the issue had already been subscribed to more than 3 times, reflecting the broader market’s appetite for large consumer-tech offerings.

The subscription data presents a clear picture of where the traction is coming from:

  • Total shares bid: 83.97 crore.
  • Total shares offered: 27.79 crore.
  • Overall subscription:
  • Retail subscription: 5.34× (534%)
  • NII subscription: 3.23× (323%)
  • QIB subscription: 2.13× (213%)

The surge in retail participation has been a defining highlight so far. The platform’s familiarity among small-town and first-time online shoppers appears to be reflected in how the investor base is responding to the IPO.

Main News: Meesho IPO Size, Dates & Structure

The Meesho IPO news has been trending across financial platforms ever since the company made the formal announcement. The offering aims to raise ₹5,421 crore, positioning it among the sizeable issues hitting the market this season.

The structure is split between a fresh issue and an offer for sale:

  • Total issue size: ₹5,421 crore
  • Fresh issue: ₹4,250 crore
  • Offer for Sale (OFS): 10.55 crore shares
  • Price band: ₹105–111 per share
  • Valuation at upper band: approx. ₹50,096 crore

Investor participation begins with a minimum lot size of:

  • Lot size: 135 shares
  • Minimum investment: ₹14,985 at upper band

The bidding window runs between December 3 and December 5, with key milestones lined up shortly after:

  • Allotment date: December 8
  • Listing date: December 10 (BSE & NSE)

These timelines have further fueled interest, especially among investors tracking the Meesho day 2 subscription and bidding patterns.

Company Details: A Platform Built for Value Commerce

Meesho has built its identity around catering to price-sensitive online shoppers across India. Over the years, the company turned millions of small sellers into online businesses and tapped into cities that larger platforms didn’t consistently reach.

The IPO marks a turning point for this e-commerce player. While the reference data doesn’t expand into financials beyond issue details, the public offering itself signals the company’s move to deepen its market presence, strengthen operations, and scale further with fresh capital infusion.

The narrative around Meesho IPO news has largely focused on its wide reach, community-led distribution, and growing user base—factors that many investors track closely when reviewing participation trends.

Meesho Subscription Trend: Day 2 Highlights

With the Meesho IPO subscription crossing 3× on Day 2, the issue is witnessing interest across all major categories. Retail investors remain the strongest contributors, while NIIs and QIBs are steadily increasing bids.

Here’s the subscription snapshot once again for clarity:

  • Overall:
  • Retail: 5.34×
  • NII: 3.23×
  • QIB: 2.13×

This shift in momentum on Day 2 often sets the tone for the final bidding day, especially for IPOs in the consumer-tech space. While external analysis or predictions are not included as per your instructions, the subscription data itself signals engagement from a broad investor set.

Summary: Meesho IPO Continues to Build Momentum

The Meesho IPO has entered Day 2 with strong traction, led primarily by retail demand. With a total issue size of ₹5,421 crore, a price band of ₹105–111, and subscription already crossing , the offering is shaping up to be one of the more active listings of the month.

Key numbers to remember:

  • Total bids: 83.97 crore shares
  • Shares offered: 27.79 crore.
  • IPO window: Dec 3–5
  • Allotment: Dec 8
  • Listing: Dec 10

As the subscription window moves into its final day, the Meesho IPO continues to dominate market conversations with its strong bidding pattern and wide retail interest.

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