Meesho IPO day 3: Should you subscribe the issue? Check GMP, price band, rating & more
Online shopping platform Meesho’s initial public offering (IPO) has entered its third and the last day of bidding, with the issue oversubscribed 9.07 times so far. The issue continues to attract high interest from investors, with bids having been received for 221 crore shares against 27.79 crore shares on offer. The IPO has also drawn solid attention in the grey market.
The IPO, valued at Rs 5,421.20 crore, comprises a fresh issue of 38.29 crore shares worth Rs 4,250 crore and an offer-for-sale of 10.55 crore shares worth Rs 1,171.20 crore.
