New Delhi, Dec 4 (PTI) SoftBank-backed e-commerce firm Meesho’s initial public offering got subscribed 7.97 times on the second day of share sale on Thursday.
The IPO received bids for 2,21,60,17,845 shares against 27,79,38,446 shares on offer, according to NSE data.
Among investor categories, the non-institutional investor portion received 9.18 times subscription, while the quota for Retail Individual Investors (RIIs) fetched 9.14 times subscription. The Qualified Institutional Buyers (QIBs) portion attracted 6.96 times subscription.
The initial public offer (IPO) of Meesho Ltd received 2.35 times subscription on the first day of share sale on Wednesday, helped by across-the-board investors’ participation.
Meesho on Tuesday said it has garnered a little over Rs 2,439 crore from anchor

News 18 India

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