Meesho IPO lists tomorrow: Key subscription details, GMP trends and financials

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SoftBank-backed ecommerce platform Meesho is set to list on Wednesday, December 10, after completing its Rs 5,421-crore initial public offering (IPO). The issue drew extraordinary interest, and was subscribed 79 times.

Here are some key details.

GMP details and listing gains

As of December 8, Meesho’s grey market premium (GMP) stood at around Rs 40–41 per share, indicating an expected listing range of roughly Rs 151–152, about 36.04% above the upper end of the Rs 111 price band. This strong GMP highlights upbeat sentiment in the unofficial market,…



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Meesho IPO lists tomorrow: Key subscription details, GMP trends and financials



SoftBank-backed ecommerce platform Meesho is set to list on Wednesday, December 10, after completing its Rs 5,421-crore initial public offering (IPO). The issue drew extraordinary interest, and was subscribed 79 times.

Here are some key details.

GMP details and listing gains

As of December 8, Meesho’s grey market premium (GMP) stood at around Rs 40–41 per share, indicating an expected listing range of roughly Rs 151–152, about 36.04% above the upper end of the Rs 111 price band. This strong GMP highlights upbeat sentiment in the unofficial market,…



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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