Meesho delivers blockbuster listing with nearly 46 percent premium on market debut

Meesho shares made a strong stock market debut with over 46 percent listing gains on NSE and BSE after its ₹5,421-crore IPO was subscribed 79 times.

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5 days ago

Meesho delivers blockbuster listing with nearly 46 percent premium on market debut

Meesho delivers blockbuster listing with nearly 46 percent premium on market debut
Investor enthusiasm translated into a powerful stock market debut for Meesho as its shares listed at a sharp premium on both major exchanges on December 10. The stock opened at ₹162.50 on the NSE and ₹161.20 on the BSE, marking gains of over 46 percent against its IPO price band of ₹105–111 per share. The ₹5,421-crore public issue had witnessed massive demand with a 79 times overall subscription during December 3–5.