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The retail portion of the public issue was oversubscribed 1.95X at 12:05 IST, receiving bids for 9.92 Cr shares against 5.1 Cr shares reserved for them
Meesho’s IPO comprises a fresh issue of INR 5,421 Cr and an OFS component of 10.6 Cr shares
The ecommerce unicorn raised INR 2,439.5 Cr from anchor investors yesterday
Ecommerce major Meesho’s IPO got off to a strong start, with retail investors’ portions fully subscribed within a few hours.
The issue was…
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.
The retail portion of the public issue was oversubscribed 1.95X at 12:05 IST, receiving bids for 9.92 Cr shares against 5.1 Cr shares reserved for them
Meesho’s IPO comprises a fresh issue of INR 5,421 Cr and an OFS component of 10.6 Cr shares
The ecommerce unicorn raised INR 2,439.5 Cr from anchor investors yesterday
Ecommerce major Meesho’s IPO got off to a strong start, with retail investors’ portions fully subscribed within a few hours.
The issue was…
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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