The allotment of shares for Meesho’s Rs 5,421.20 crore IPO is scheduled for today, marking the next big step for what has become one of the most closely watched tech listings of the year. The public issue, which included a fresh issue of 38.29 crore shares and an offer for sale of 10.55 crore shares, was met with overwhelming demand, logging subscriptions 79 times the size of the offering. A total of 2,197 crore bids were placed for 27.79 crore shares, producing an overall subscription rate of 79.03 times. Qualified institutional buyers led the rush with a 120.18-times subscription, followed by non-institutional investors at 38.16 times, while the retail category recorded 19.08 times. Sentiment around the stock continues to rise in the unofficial market. As of December 8, the grey m

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