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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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