neutral
4 days agoMeesho Trades Flat After Stellar Market Debut and Fresh Investment in Subsidiary
Shares of Meesho were largely steady at ₹170.15 on Thursday, a day after the e-commerce platform surged over 53% on listing. The company disclosed a rights issue investment of ₹2,890 crore into its wholly owned subsidiary, Meesho Technologies, as part of its planned IPO proceeds utilisation. The move supports expansion and operational strengthening after a blockbuster IPO that drew 79× subscription. Despite muted price action today, the stock retains strong market interest following its debut highs near ₹177.
Tags:
- Meesho
- IPO
Upstox• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
4 days agoMeesho Trades Flat After Stellar Market Debut and Fresh Investment in Subsidiary
Shares of Meesho were largely steady at ₹170.15 on Thursday, a day after the e-commerce platform surged over 53% on listing. The company disclosed a rights issue investment of ₹2,890 crore into its wholly owned subsidiary, Meesho Technologies, as part of its planned IPO proceeds utilisation. The move supports expansion and operational strengthening after a blockbuster IPO that drew 79× subscription. Despite muted price action today, the stock retains strong market interest following its debut highs near ₹177.
Tags:
- Meesho
- IPO
Upstox• By Pooja Kumari
Explore:Mutual Fund Screening
1 min read
78 words
Meesho stayed flat a day after its strong listing, even as it confirmed a ₹2,890 crore investment in its subsidiary through a rights issue tied to IPO proceeds.
Shares of Meesho were largely steady at ₹170.15 on Thursday, a day after the e-commerce platform surged over 53% on listing. The company disclosed a rights issue investment of ₹2,890 crore into its wholly owned subsidiary, Meesho Technologies, as part of its planned IPO proceeds utilisation. The move supports expansion and operational strengthening after a blockbuster IPO that drew 79× subscription. Despite muted price action today, the stock retains strong market interest following its debut highs near ₹177.
Shares of Meesho were largely steady at ₹170.15 on Thursday, a day after the e-commerce platform surged over 53% on listing. The company disclosed a rights issue investment of ₹2,890 crore into its wholly owned subsidiary, Meesho Technologies, as part of its planned IPO proceeds utilisation. The move supports expansion and operational strengthening after a blockbuster IPO that drew 79× subscription. Despite muted price action today, the stock retains strong market interest following its debut highs near ₹177.
Tags:
- Meesho
- IPO
- Meesho
- IPO
- market debut
- rights issue
Dec 11, 2025 • 07:30