October 04, 2026 05:22 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Asian Games 2026: India beat Pakistan to clinch gold in men's cricket | flydubai cockpit attack: Deleted posts expose Omani co-pilot’s views on women, alleged extremist past | flydubai cockpit horror: Omani co-pilot Hamam al-Hammami attacked Captain Smit Machchhar with crash axe, tried to seize control | flydubai temporarily suspends all Israel flights after co-pilot’s alleged cockpit attack, crash attempt | Grounded in Oman over ‘radical views’, then hired by flydubai: What we know about Omani pilot Hamam al-Hammami | ‘Hanuman Chalisa gave me courage’: Smit Machchhar recounts flydubai cockpit battle to PM Modi | PM Modi speaks to Flydubai pilot Smit Machchhar who foiled crash plot, praises his courage | Putin praises Modi’s ‘good ideas’ to end Ukraine war, thanks Indian PM for peace efforts | Flydubai cockpit attack: Injured Indian pilot Smit Machchhar airlifted to Abu Dhabi | India backs brave flydubai pilot Smit Machchhar, Ambassador meets family after cockpit attack
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.