Meesho’s Rs 5,421-crore saw strong interest from qualified institutional bidders (QIBs), who bid for more than 120 times the shares allocated to them, with retail investors also subscribing to the book 19 times.
By comparison, omnichannel beauty retailer rel=”dofollow” href=”https://economictimes.indiatimes.com/fsn-e-commerce-ventures-ltd/stocks/companyid-2017563.cms” target=”_blank”>Nykaa, which went public in 2021 following a Rs 5,350…

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