Meesho IPO: Tech company raises Rs 2,440 crore from major anchors including BlackRock, Fidelity and SBI MF

Technology platform Meesho on Tuesday raised Rs 2,440 crore from 125 investors, ahead of its initial public offering (IPO) set to launch on Wednesday, December 3. The company has allotted 21.98 crore shares at the highest price band of Rs 111 each. Of the 21.98 crore shares, 9.37 crore shares, accounting for 42.63% of the […]

Meesho’s IPO GMP of Rs 5,421 crore indicates a strong listing. Check price range, financials and other important details

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 […]