Meesho share price: On Wednesday, May 6, investors will be keeping an eye on shares of Meesho, one of the top e-commerce marketplaces with its headquarters located in Bengaluru, as the firm is scheduled to release its March quarter (Q4 FY26) earnings later that day.
Over the past three sessions, the stock has increased dramatically. According to data, Meesho’s share price has increased by about 15% over the last five sessions and by 36.39% over the last month (as of the NSE closing level on May 5).
The stock has increased by 13% so far this year.
Here is how Meesho fared in December quarter
Due mostly to a large increase in spending over the holiday season, e-commerce company Meesho announced a widening of loss to ₹490.6 crore for the third quarter ended December 2025 (Q3 FY26).
In the same quarter last year, the company reported a loss of ₹37.43 crore.
Meesho’s costs rose by almost 44% over the course of the quarter, particularly in the “other expense” area, which accounted for a sizable amount of the company’s overall spending during the reporting period.
During the reporting quarter, the e-commerce company recorded expenses of over ₹4,071 crore, of which “other expenses” accounted for ₹3,821.3 crore, or roughly 94% of the total.
Meesho reported operating revenue of ₹3,517.5 crore for the quarter, up 31% from ₹2,678.64 crore for the December 2024 quarter.
“Our third quarter results reflect the strength of Meesho’s flywheel, with more users transacting more frequently, driving platform growth while building long-term habits in previously underserved markets,” stated Vidit Aatrey, CEO and founder of Meesho.
Other key numbers
According to the announcement, the company’s yearly transacting users increased by 34% to 25.1 crore during the quarter, while placed orders increased by 36% to 69 crore.
Meesho announced net merchandise value (NMV) of ₹10,995 crore in the third quarter of FY26, a 26% year-over-year increase driven by robust user growth and rising purchase frequency.
Meesho raised ₹4,088 crore during its December initial public offering (IPO), bringing its total cash balance to ₹7,277 crore.
According to the corporation, the quarter’s NMV growth must be considered in light of holiday calendar changes.
According to the report, some festival purchasing was moved from the third quarter into the second quarter because Diwali happened in mid-October in 2025 as opposed to early November in 2024.
In contrast to September 27 in 2024, the Meesho Mega Blockbuster Sale began on September 19, 2025. For festive calendar movements, a more appropriate comparison integrates Q2 and Q3 FY26. The total NMV for these quarters was ₹21,510 crore, up 37% year over year, according to the announcement.
Latest developments
JPMorgan started covering Meesho last week with a positive outlook, pointing to the company’s many monetization levers and good growth visibility.
Due to increased spend per user and improved engagement, the investment firm anticipates that Meesho’s net merchandise value (NMV) growth will surpass user growth.
Additionally, it made clear that the platform’s advertising division is still under-monetized, despite the fact that it offers substantial upside through three levers as the business grows.
Details of the Meesho listing and IPO
Meesho’s shares made a spectacular market debut on December 10, 2025, when they listed at a premium of almost 46% over the ₹111 issue price.
The shares began trading on the NSE at ₹162.50, up 46.40% from the issue price. Afterwards, it increased by 55.58% to ₹172.70.
The stock saw a 45.22% increase when it debuted on the BSE at ₹161.20.
On the last day of the share sale, Meesho’s initial public offer (IPO) garnered 79.02 times subscriptions.
The pricing range for each share in the ₹5,421 crore IPO was ₹105–₹111.
The IPO consists of an Offer For Sale (OFS) of 10.55 crore shares valued at ₹1,171 crore at the upper band and a new issue of shares for ₹4,250 crore, totaling ₹5,421 crore.
In addition to funding inorganic development through acquisitions and other strategic activities, Meesho has stated that it will use the profits for general business purposes, marketing and brand campaigns, and investments in cloud infrastructure.
Meesho Financial & Stock Performance Overview (FY26)
| Metric | Details |
|---|---|
| Q4 FY26 Results Date | May 6, 2026 |
| Share Price Growth (1 Month) | +36.39% |
| Share Price Growth (5 Days) | +15% |
| YTD Growth (2026) | +13% |
| Q3 Revenue (FY26) | 3,517.5 crore (↑31% YoY) |
| Q3 Loss (FY26) | 490.6 crore |
| Q3 Expenses | 4,071 crore |
| Other Expenses Share | 3,821.3 crore (~94%) |
| Net Merchandise Value (NMV) | 10,995 crore (↑26% YoY) |
| Annual Users | 25.1 crore (↑34% YoY) |
| Orders Placed | 69 crore (↑36% YoY) |
| IPO Issue Price | 105–111 |
| Listing Price (NSE) | 162.50 (↑46%) |
| Funds Raised (IPO) | 5,421 crore |
| Cash Balance | 7,277 crore |
