Meesho IPO opens today: Should you subscribe? Check price band, GMP, analysts’ opinion & more
Online shopping platform Meesho is set to open for subscription on Wednesday, attracting investors with a solid grey market premium. The excitement has been fuelled by positive commentary from analysts.
The company is targeting proceeds of Rs 5,421 crore from the IPO, which will remain open until 5 December. The price band has been set between Rs 105 and Rs 111 per share, valuing Meesho at Rs 50,096 crore ($5.6 billion) at the upper end.
