Issue Oversubscribed 5.23X So Far On Day 2

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SUMMARY

Meesho’s IPO was oversubscribed 5.23X as of 14:18 IST receiving bids for 145.20 Cr shares against 27.79 Cr shares on offer

Retail investors led the charge, with the portion reserved for them oversubscribed 7.82X

The ecommerce unicorn’s IPO comprises a fresh issue of INR 5,421 Cr and an OFS component of 10.6 Cr shares

Ecommerce major Meesho’s IPO continued to see steady investor interest and was oversubscribed 5.23X as of 14:18 IST. It received bids for 145.20 Cr shares against 27.79 Cr shares on offer. 

Retail…



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Issue Oversubscribed 5.23X So Far On Day 2


SUMMARY

Meesho’s IPO was oversubscribed 5.23X as of 14:18 IST receiving bids for 145.20 Cr shares against 27.79 Cr shares on offer

Retail investors led the charge, with the portion reserved for them oversubscribed 7.82X

The ecommerce unicorn’s IPO comprises a fresh issue of INR 5,421 Cr and an OFS component of 10.6 Cr shares

Ecommerce major Meesho’s IPO continued to see steady investor interest and was oversubscribed 5.23X as of 14:18 IST. It received bids for 145.20 Cr shares against 27.79 Cr shares on offer. 

Retail…



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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