Meesho IPO: GMP among 10 key things to know before subscription next week – Meesho IPO Buzz

Meesho has built a strong defensible position in India’s value-first e-commerce market, with powerful scale, rising engagement and improving unit economics. Its implied FY25 price-to-sales multiple of 5.5x sits modestly below the peer median. Analysts say that while near-term profitability is uncertain, the long-term thesis remains intact. “With a 31% GMP and improving fundamentals, the company offers a medium-term growth opportunity for investors comfortable with early-stage platform risk,” said Perumal Raja K J, Equity Research – Associate Director, FundsIndia