Meesho Shares Turn Multi-Bagger, Surge 110% in Just 7 Days

New Delhi: E-commerce company Meesho has created a buzz in the stock market, with its shares soaring 110% in just seven trading sessions since its listing on 10 December 2025. The stock hit a record high of ₹233 today, up 8% from the previous close, taking the company’s market capitalization past the ₹1 lakh crore mark.

Strong Listing Performance
Meesho’s shares opened at ₹228 and quickly climbed to ₹233 during early trading. The stock has more than doubled from its IPO price of ₹111, making it one of the fastest multi-bagger listings in recent times. The company’s IPO was highly oversubscribed, receiving 79 times subscription from investors.

Positive Analyst Outlook
Global brokerage firm UBS had assigned a ‘Buy’ rating to Meesho shares with a target price of ₹220, which the stock has already surpassed. UBS highlighted that Meesho’s business model generates consistent positive cash flows, distinguishing it from other internet-based companies due to its low asset requirements and minimal working capital needs.

Future Growth Prospects
UBS estimates that Meesho’s Net Merchandise Value (NMV) will grow at a robust 30% CAGR between FY25 and FY30. The company’s strong growth trajectory and scalable model have kept investors optimistic, even amid broader market pressures.

IPO Performance Summary
On the listing day, Meesho opened at a premium and closed 53% above its IPO price. Despite minor corrections over the next two sessions, the stock rebounded strongly, hitting a 20% upper circuit in midweek trading. The stock’s rapid ascent underscores strong market confidence in Meesho’s e-commerce business model and future expansion potential.