Meesho IPO GMP: The initial public offering of SoftBank-backed e-commerce firm Meesho Ltd is witnessing its second day of bidding today, Thursday, December 4. The price band of the Rs 5,421-crore IPO has been fixed in the range of Rs 105 to Rs 111. Till 12:00 pm on the second day of bidding, the IPO received a 3.62 times subscription, garnering bids for 97,21,34,325 shares as against 26,86,18,197 shares on offer.

Its retail category got a 6.57x subscription, while its non-institutional investor (NII) quota got a 4.51x subscription. The QIB category received a 2.19x subscription.

Meesho IPO Key Dates

The IPO will remain open for public subscription between December 3 and December 5. Following this, its allotment will be finalised on December 8. The company’s listing will be made on Dece

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