New Delhi: E-commerce platform Meesho’s Rs 5,421-crore Initial Public Offering (IPO) was oversubscribed 33.31 times by 2 pm Friday, its final bidding day.
Investors placed bids for 221 crore shares against the 27.79 crore shares on offer, while the issue continued to draw strong interest in the grey market. Meesho’s public offering opened on 3 December and ran through 5 December.
Meesho’s listing is the latest in a long series of IPOs from technology-driven companies such as Groww, Lenskart, and PhysicsWallah, which are capitalising on a thriving primary market. Show Full Article
More than 300 IPOs have raised $19.26 billion in India this year, paving the way for a record year for IPO fundraising in 2025, according to London Stock Exchange Group (LSEG) data.
On Day 1, Meesho’s IPO rec

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