The initial public offering (IPO) of Meesho Ltd closed with strong investor participation, recording a subscription of 79.02 times by 5:39 pm on Friday, the final day of bidding. The offer, which opened on December 3, attracted significant demand across investor categories.

According to exchange data, the IPO received bids for 21,96,29,79,765 shares against the 27,79,38,446 shares on offer. Advertisement

The qualified institutional buyers (QIB) category led the response with a subscription of 120.18 times. The non-institutional investor (NII) segment saw a subscription of 38.15 times, while the retail portion was subscribed 19.04 times.

The price band for the IPO was set at Rs 105–111 per share. In the grey market, the stock continued to trade at a premium of around 43.24 per cent, ind

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