Meesho IPO Day 1 Highlights: Issue booked 2.35x; GMP signals 42% listing pop — Should you bid?
Meesho IPO Day 1 Highlights: Meesho’s ₹5,421 crore initial public offering (IPO) opened for subscription on December 3. The offer will remain open for bidding till December 5. Meesho IPO price band is fixed in the range of ₹105–111, valuing it at ₹50,096 crore at the upper end.
The issue consists of a fresh issue worth ₹4,250 crore and an offer for sale (OFS) of 10.55 crore shares, valued at ₹1,171 crore at the upper price band.
