Meesho Shares Climb 7% Over Two Sessions; Discover the Significance of Monday's Trading

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Meesho Shares Surge 7% Ahead of Crucial Lock-in Expiry on Monday

Meesho Shares Surge 7% Ahead of Crucial Lock-in Expiry on Monday

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CNBC TV18•06-03-2026, 15:06

Meesho Shares Surge 7% Ahead of Crucial Lock-in Expiry on Monday

•Meesho shares gained 7% in two sessions, trading 45% above its IPO price of ₹111.
•Nearly 109.9 million shares (2% of equity) become eligible for trading as lock-in ends on Monday.
•The SoftBank-backed e-commerce platform made a strong market debut on December 10.
•Meesho's ₹5,000 crore-plus IPO was subscribed 79 times overall, showing robust demand.
•Analysts have mixed ratings: 2 'Buy', 2 'Hold', and 1 'Sell' recommendation on the stock.

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