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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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