31 Jan 2026

Meesho Shares Trade Higher on BSE; Company Incorporates New Logistics Subsidiary

Meesho is trading at RS 172.70 on the BSE, registering a gain of 4.45 points or 2.64% compared to its previous close of RS 168.25.

The stock opened at RS 167.40 and moved within a range of RS 173.85 to RS 165.80 during the session. A total of 119,203 shares have been traded so far.

The BSE Group ‘B’ stock, with a face value of RS 1, touched its 52-week high of RS 254.65 on December 18, 2025, and a 52-week low of RS 153.95 on December 12, 2025. Over the past one week, the scrip recorded a high of RS 173.85 and a low of RS 161.50. The company’s current market capitalisation stands at RS 77,039.15 crore.

In terms of shareholding, promoters hold 16.76% stake in the company, while institutional investors and non-institutional investors own 8.20% and 75.04% respectively.

Meanwhile, Meesho has incorporated a wholly owned subsidiary named Valmo Transportation. The new entity will operate as a logistics service provider, focusing on the movement of goods and related activities such as loading, unloading, in-transit storage, handling, and trans-shipment through third-party service providers. Valmo Transportation has been incorporated under the Companies Act, 2013 on January 28, 2026, and is yet to commence commercial operations.

Meesho is a multi-sided technology-driven e-commerce platform in India, connecting consumers, sellers, logistics partners, and content creators. The company operates a value-focused marketplace catering to consumers across diverse income groups, offering products at ‘Everyday Low Prices’.