Meesho is likely to finalize the basis of allotment of its shares on Monday, December 08. Applicant bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate latest by Tuesday, December 09. The e-commerce marketplace saw a solid response from the investors during the three-day bidding. Advertisement

The IPO of Meesho was open for bidding between December 03 and December 05. It had offered its shares in the price band of Rs 105-111 per share with a lot size of 134 shares. The company raised a total of Rs 5,421.20 crore via IPO, which included a fresh shares sale of 38,28,82,882 shares worth Rs 4,250 crore and offer-for-sale (OFS) up to 10,55,13,839 shares worth 1,171.20 crore.

The issue was overall subscribed a total of 79.03 times, attr

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