Top Update: Meesho Stock Holds Steady After Spectacular 53% Debut Amid Major Subsidiary Investment

Meesho’s stock stayed flat post-debut as the company invested ₹2,890 crore into MTPL, reinforcing growth plans after its heavily subscribed and high-premium IPO listing.

Live Market Updates

Latest Financial News

neutral
4 days ago

Top Update: Meesho Stock Holds Steady After Spectacular 53% Debut Amid Major Subsidiary Investment

Top Update: Meesho Stock Holds Steady After Spectacular 53% Debut Amid Major Subsidiary Investment
After delivering one of the strongest market debuts of the year, Meesho’s share price remained stable around ₹170 on the NSE as the company announced a significant rights-issue investment into its wholly owned subsidiary, Meesho Technologies Private Limited. The move aligns with the objectives outlined in its ₹5,421-crore IPO, which saw massive 79x subscription. 
Tags:
  • Meesho
  • IPO