Meesho IPO opens today: Should you subscribe? Check price band, GMP, analysts’ opinion & more
Meesho’s IPO opens Wednesday, aiming for Rs 5,421 crore with a strong grey market premium, driven by positive analyst views. The e-commerce platform, backed by SoftBank, secured significant anchor investor interest, oversubscribing by nearly 30 times. Funds will fuel cloud infrastructure, marketing, and acquisitions, positioning Meesho for a December 10 debut.🕒 1 min read
Meesho’s IPO opens Wednesday, aiming for Rs 5,421 crore with a strong grey market premium, driven by positive analyst views. The e-commerce platform, backed by SoftBank, secured significant anchor investor interest, oversubscribing by nearly 30 times. Funds will fuel cloud infrastructure, marketing, and acquisitions, positioning Meesho for a December 10 debut.
Continue Reading
- Delhi Capitals Aim To Rekindle Playoff Charge, Face Uphill Challenge Against Unbeaten Punjab Kings
- Gautam Adani Unveils AI Centre In Baramati, Says Youth Must Lead Age Of Intelligence
- BJP, AIADMK Begin Seat-Sharing Talks Ahead Of Tamil Nadu Polls
-
Lay’s Teams Up With Lionel Messi For A One-Of-A-Kind Limited Edition Flavour
- Asian stocks today: Nikkei adds over 700 points after US-Japan deal; markets in China, Korea remain shut
- Asian stocks: Markets trade in green on US interest rate cut hopes; Nikkei adds over 700 points, Kospi gains 2.7%
- EU Puts Key US Trade Deal On Hold After Supreme Court Ruling
-
KL Rahul Hits Bullseye, Explains What Makes Vaibhav Sooryavanshi So Good: “Never Even Dreamt”
-
“Misleading”: Health Ministry On Warning Labels For Samosas, Jalebis
- Trump Says Likely To Visit China To Meet Xi Jinping This Year
