Kolkata: Meesho, the e-commerce marketplace, had a resounding first day of bidding on Dec 3, when it witnessed 2.46 times bidding overall — 4.13 times in the retail category, 2.18 times in QIB (Ex Anchor) category and 1.90 times in the NII. It must also be noted that QIB or Qualified Institutional Buyers are an extremely significant class of investors since they are institutions like banks, AMCs and insurance companies which have the money and skills to analyse a public issue threadbare. his segment has put in bids worth 218% of the amount earmarked for them on the first day.

Meesho IPO GMP

A recorded by investorgain, Meesho IPO GMP in early morning of Dec 4 stood at Rs 45. Considering a price of Rs 111, Meesho shares can have an estimated listing price of Rs 156 and the approximate lis

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