Meesho’s shares fell by about 24% in three sessions amid profit booking.

Shares of recently listed e-commerce platform Meesho Limited fell sharply for the third consecutive session on December 23, 2025, falling by **8.75%** to around ₹184-185 intraday on NSE. This increased the decline from post-listing high of ₹254 in early December to nearly **24%**.

The decline follows a spectacular debut on December 10, 2025, where the shares were listed at a premium and surged more than 100% from the IPO price band of ₹111 in just one week, taking the market capitalization briefly above ₹1 lakh crore. Analysts believe the decline was due to profit booking and limited free-float after a sharp rally by early investors, leading to increased volatility.

Trading volumes remained high, with around 7 crore shares traded till noon, valued at over ₹1,300 crore, reflecting strong participation despite the selloff. The ₹5,421 crore IPO (December 3-5) was oversubscribed 79 times, led by strong QIB demand.

Market capitalization has fallen from its peak level to around ₹84,000 crore. Despite the decline, the shares are about **68%** above the issue price, providing good returns to the IPO allottees.

Experts see this decline as a healthy reset for overvalued new-age stocks, and long-term expectations remain based on Meesho’s scale in value e-commerce.

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