Latest Updates Around The World
International brokerage firm Morgan Stanley has floated a note on newly listed Meesho with an Equal-weight rating and a target price of Rs 169 per share, citing full valuations after the stock’s strong run-up post-listing. The price target suggests an upside of around 3% from current levels.The brokerage said valuations look good as Meesho’s advertising […]
Meesho’s sharp rally on Wednesday, following a buy call from UBS, made it the best-performing major IPO in 2025. The stock rose about 20% on the session, taking its gains to nearly 95% from its issue price. Data from Trendlyne shows that for companies that raised more than Rs 5,000 crore this year, the second […]
Vidit Aatrey, a 34-year-old alumnus of the Indian Institute of Technology, Delhi, who started his career in factory operations at ITC and later worked in strategy at InMobi, has joined India’s elite billionaire club. The co-founder and CEO of Meesho Ltd crossed the $1 billion mark on Tuesday after the e-commerce company’s shares rose 13%, […]
Tomorrow there will be three IPOs with very different business models, and the question for investors is which IPO has the greatest potential on trading day? Based on gray market premium trends (GMP), Meesho leads with 38%, followed by Aequs with 28%, while Vidya Wires lags behind with 8%. GMP is not a guarantee, but […]
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 […]
Investor sentiment appears optimistic in the gray market as three motherboard IPOs, Meesho, Aequs Limited and Vidya Wires, gear up for listing from December 3 to 5.All three issues call for a notable gray market premium (GMP), which is interpreted by market watchers as an early signal of possible enthusiasm on trading day. According to […]
Meesho’s upcoming IPO has revealed an interesting detail as the company plans to allocate Rs 480 crore from the offer proceeds solely to paying the salaries of its AI, machine learning and technology teams. The amount is notable not only for its size, but also because it represents one of the largest single allocations for […]
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 […]
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 […]
