Meesho’s initial public offering closed with overwhelming demand — the IPO was subscribed a staggering 79.02 times overall. Demand was led by institutional buyers: Qualified Institutional Buyers (QIBs) bid for 120.18 times the number of shares allocated to them, reflecting high confidence from large investors. Non-institutional investor demand was also strong (about 38 times), and retail investors oversubscribed their quota nearly 19 times.

The IPO comprised a fresh issue plus an offer-for-sale, valuing Meesho at roughly ₹50,000–₹51,500 crore post-money. Before the IPO, anchor investors had already committed around ₹2,439 crore, setting a positive tone.

Such intense subscription — one of the highest for a large-sized, new-age IPO in India — sends a strong signal about investor faith in Meesho’s growth strategy. However, high oversubscription itself doesn’t guarantee gains on listing day or long-term performance. Much will depend on how well the company scales, manages competition, and converts investor optimism into sustainable business outcomes.