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Meesho’s initial public offer (IPO) worth Rs 5,421 crore opened today to strong demand, with the retail portion fully subscribed within the first two hours of bidding. In total, the IPO received bids for 11.75 crore shares against 27.79 crore shares on offer, translating to a total subscription of 42%. The retail segment was oversubscribed […]
SoftBank-backed e-commerce player Meesho is seeing strong demand ahead of its Rs 5,421 crore IPO, with gray market signals suggesting the stock could debut at a premium of around 30% to its issue price of Rs 111 per share.The offer consists of a fresh issue of shares worth up to Rs 4,250 crore along with […]
