Meesho IPO: SoftBank-backed firm sets price band at ₹105 to ₹111 per share; check key dates, issue details, more

Meesho IPO price band: SoftBank-backed e-commerce firm, Meesho, has fixed its initial public offering (IPO) price band in the range of ₹105 to ₹111 per equity share of the face value of Re 1. Meesho IPO date of subscription is from Wednesday, December 3, to Friday, December 5. The allocation to anchor investors is scheduled to take place on Tuesday, December 2. Investors can apply for Meesho IPO in a lot size of 135 equity shares and multiples thereafter.

Meesho IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIBs), not more than 15% for non-institutional Investors (NIIs), and not more than 10% of the offer is reserved for retail investors.