Meesho Sets IPO Price Band At INR 105-111, Seeks $5.6 Bn Valuation

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SUMMARY

At the upper end of the price band, the IPO will value the company at INR 50,096 Cr (about $5.6 Bn)

The IPO is set to open on December 3 (Wednesday), and the anchor bidding for Meesho’s IPO will take place on Tuesday

At the upper end of the price band, the total IPO size would be INR 5,421 Cr (about $606.2 Mn)

Ecommerce major Meesho has set a price band of INR 105 to INR 111 for its initial public offering (IPO), which is set to open on December 3 (Wednesday).

At the…



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Meesho Sets IPO Price Band At INR 105-111, Seeks $5.6 Bn Valuation


SUMMARY

At the upper end of the price band, the IPO will value the company at INR 50,096 Cr (about $5.6 Bn)

The IPO is set to open on December 3 (Wednesday), and the anchor bidding for Meesho’s IPO will take place on Tuesday

At the upper end of the price band, the total IPO size would be INR 5,421 Cr (about $606.2 Mn)

Ecommerce major Meesho has set a price band of INR 105 to INR 111 for its initial public offering (IPO), which is set to open on December 3 (Wednesday).

At the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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