Meesho’s Controversial Anchor Allocation Raises Eyebrows in IPO Market

Meesho’s anchor allocation of Rs 600 crore to SBI MF sparks debate, with large investors opting out over perceived fairness issues in the IPO process.

Live Market Updates

Latest Financial News

neutral
6h ago

Meesho’s Controversial Anchor Allocation Raises Eyebrows in IPO Market

Meesho’s Controversial Anchor Allocation Raises Eyebrows in IPO Market
Meesho’s decision to allocate a significant portion of its Rs 2,439 crore anchor book to SBI Mutual Fund has stirred controversy, leading to a debate over fairness and transparency in the IPO process. The company’s management made this call directly, bypassing merchant bankers, and refused to revise the allocation despite opposition from large investors like ICICI Prudential and Capital Group. 
Companies:
  • Meesho
Tags:
  • Meesho
  • IPO