Meesho is a multi-sided e-commerce technology platform connecting consumers, sellers, logistics partners, and content creators across India. It earns revenue primarily from marketplace services, logistics fulfilment, and advertising tools offered to sellers. Its key products include an AI-driven shopping app, Valmo logistics technology, ad tools, and multimodal search. These services enable low-cost product discovery and fulfilment across fashion, home, lifestyle, beauty, daily essentials and other unbranded and branded categories.
The Company is led by Promoter, i. e.,ARAVIND SHIVAPUTRAPPA MELLIGERI, AEQUS MANUFACTURING INVESTMENTS PRIVATE LIMITED, MELLIGERI PRIVATE FAMILY FOUNDATION AND THE MELLIGERI FOUNDATION

The Revenues from operations for the Period ended on Sep 30 2025 and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 58,576.93 Million, ₹ 99,009.01Million, ₹ 78,592.42 Million, and ₹ 58,976.91 Million, The EBITDA for the Period ended on Sep 30 2025, 2025 and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ -5,518.72 Million, ₹ -2,195.91 Million, ₹ -2,301.53Million, and ₹ -16,937.33 Million, The Profit after Tax for the Period ended on Sep 30 2025, 2025 and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ -7,007.18 Million, ₹ -39,417.05 Million, ₹ -3,276.41 Million, and ₹-16,719.02 Million, respectively.This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹-9.98 and post-issue EPS of ₹-8.73for FY25. The pre-issue P/E ratio is -11.12x,while the post-issue P/E ratio is -12.71x against the Industry P/E ratio is 399.28x The company's ROE for FY25 is -NA and RoNW is -252.37% The Annualised EPS is ₹-3.11x and P/E is -35.75x. These metrics suggest that the IPO is Fully priced.

The Grey Market Premium (GMP) of Meesho showing listing gains of  26.12%.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the Meesho Limited IPO for Listing gain or Long Term Purposes.