Meesho shares surge as much as 55% over IPO price on debut
Shares of Meesho Ltd. have listed at a premium over IPO price, indicating that India’s appetite for new-age stocks continues unabated.
On Wednesday, Meesho’s share price rose as much as 54.95% over the IPO price of ₹111 apiece on the BSE even as the benchmark Sensex traded up to 0.25% higher. That after the Meesho IPO garnered ₹5,420 crore for the small-town e-commerce company.
