Top Way Startups Create Wealth: Meesho Delivers 46 Percent Blockbuster Listing and Extends Rally

Meesho shares jumped another 8 percent after a 46 percent listing debut, pushing market capitalisation beyond ₹72,700 crore as investors tracked long-term profitability outlook closely.

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5 days ago

Top Way Startups Create Wealth: Meesho Delivers 46 Percent Blockbuster Listing and Extends Rally

Top Way Startups Create Wealth: Meesho Delivers 46 Percent Blockbuster Listing and Extends Rally
Fresh buying momentum lifted Meesho shares by another 8 percent after the stock made a bumper debut on the domestic exchanges on December 10. The stock listed at ₹162.50 on the NSE and ₹161.20 on the BSE, delivering a premium of over 46 percent against the IPO price band of ₹105–111. The ₹5,421.20 crore IPO attracted massive demand with a subscription of 79 times during the bidding window between December 3 and 5.