Meesho, Aequs and Vidya Wires entered the final day of bidding on Friday with all three initial public offerings (IPOs) drawing strong investor interest. Grey market premiums (GMPs) for the issues were also seen rising in the unregulated market, indicating sustained demand.

SoftBank-backed Meesho’s IPO was subscribed 7.97 times by the end of Thursday, the second day of bidding. The issue drew bids for about 221.60 crore shares against 27.79 crore shares on offer, as per NSE data.

The non-institutional investor category received 9.18 times subscription, while the retail portion was subscribed 9.14 times. The quota for qualified institutional buyers (QIBs) was subscribed 6.96 times. On Wednesday, the issue had seen 2.35 times subscription on the first day.

Meesho had raised a little over

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