Meesho’s blockbuster IPO worth Rs 5,421.20 crore, which was subscribed 79 times, will hit the public markets on Wednesday, December 10 and will be one of the most watched technology listings of the year. After a frenzy of bidding across institutional, high net worth and retail segments, and with gray market premiums signaling gains of […]
Early backers of Meesho are eyeing blockbuster exits in the IPO for-sale offering, with paper profits running into hundreds of crores and robust return multiples at the price of Rs 111 per share. The e-commerce company’s shareholders, including Elevation Capital, Peak XV Partners and Y Combinator, are collectively selling 10.38 crore shares in the OFS.Based […]