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Meesho Shares Surge Near Record High Following 75 Percent Day 1 Mega Sale Growth
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CNBC TV18•12-10-2026, 11:13
Meesho Shares Surge Near Record High Following 75 Percent Day 1 Mega Sale Growth
- •Meesho shares gained 5.5 percent on Monday to close near an all-time high following a massive 75 percent growth in Day 1 orders during its mega blockbuster sale.
- •Peak orders crossed 75000 per minute within 15 minutes of the sale launch, driven by a 60 percent surge in transacting customers compared to last year.
- •AI-powered discovery drove 85 percent of the orders on the first day, while Meesho Mall orders experienced a massive growth of over 200 percent.
- •Tier 4 plus transacting sellers doubled, and non-metro India accounted for 81 percent of content commerce creators.
- •The stock hit a fresh all-time high of rupees 245.50 apiece, extending its year-to-date gains to 33 percent.
Key Questions Answered
Meesho shares climbed 5.5% on Monday, October 12, 2026, to near a record high after reporting a 75% year-on-year growth in orders on Day 1 of its mega blockbuster sale.
AI-powered discovery shaped consumer demand significantly, successfully powering 85% of all orders placed on the first day of the sale.
Meesho shares are trading significantly higher than their initial public offering metrics, sitting up 51% from their listing price of ₹162.5 and 121.2% from their initial issue price of ₹111 apiece.
