Meesho Ltd. is expected to finalise the share allotment status for its initial public offering (IPO) on Monday, December 8, following a strong subscription. The mainboard IPO was overall subscribed 81.76 times on the last day of bidding on Friday, December 5.

The ₹5,421.2-crore IPO attracted bids for nearly 2,196.3 crore shares, against 26.86 crore shares on offer, as per the NSE data. The Meesho IPO opened for bidding on Wednesday, December 3.

The IPO was booked 19.04 times in the retail category and 38.15 times in the Non-Institutional Investors (NIIs) segment. The Qualified Institutional Buyers (QIBs) booked their category 120.18 times.

The mainboard issue was a combination of a fresh issue of shares and an offer-for-sale (OFS) portion. The leading e-commerce company’s IPO included a

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