Meesho Limited shares surged 14% on Thursday, 9 April, extending gains seen in two of the past three sessions. The Bengaluru-based e-commerce platform has been drawing fresh attention from retail and institutional participants alike.

Volume data stood out sharply. Nearly 3.4 crore shares changed hands within the first 90 minutes of trade. That is 13 times the 20-day average of just 26 lakh shares for the same window. Meesho’s free float remains thin. Price swings, both up and down, tend to get amplified as a result. 

The stock trades 55% above its IPO price of Rs 111 per share. Market capitalisation stood at Rs 75,854.60 crore on Thursday.

Meesho listed on 10 December 2025, closing its debut session 53% higher. The Rs 5,000 crore IPO drew a subscription of 79 times overall. QIBs covered their portion 120 times; retail investors subscribed over 19 times. H1 FY26 revenue came in at Rs 5,578 crore, up 29.4% year on year. Losses shrank 72% over the same period, signalling improving unit economics at the firm.

At 2:23 pm, shares were up 8.17% at Rs 165.20 on the NSE. The intraday peak of Rs 172.28 marks a fresh post-listing high. The stock has gained 16% over the past month.

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