Bumper Debut! Meesho share price lists at solid 46% premium over IPO price
- On Wednesday, Meesho debuted on the NSE at Rs 162.50 and on the BSE at Rs 161.20, marking around a 46% premium over the Rs 111 IPO price.
- Ahead of the debut, the grey market showed a premium of Rs 43 and a price band Rs 105–111, with subscription 79.03 times and institutional investors subscribing 120 times their portion, suggesting an estimated listing price of Rs 154.
- In its DRHP the company said most fresh-issue proceeds would fund Meesho Technologies, including cloud infrastructure, marketing, and AI/ML staff salaries.
- After listing, Meesho shares surged and were trading at Rs 170.02 on the NSE, about 5 per cent above the listing price, with most brokerages remaining positive.
- Meesho's FY25 revenue nearly Rs 3,942 crore and losses narrowed to Rs 289 crore, with a 31% FY25–28 revenue CAGR forecasted, boosting investor interest.
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Meesho IPO Listing Today: Shares of E-Commerce Giant Debut at 46% Premium, Above IPO Price of INR 111; Market Capitalisation Crosses INR 72,750 Crore
Meesho IPO made a strong market debut today, with shares listing at a significant premium over the issue price. The e-commerce platform’s performance reflects robust investor interest and market enthusiasm. Early trading shows positive momentum, highlighting Meesho’s position in India’s growing digital commerce sector and setting the tone for its future market journey. Meesho IPO Listing Today: Shares of E-Commerce Giant Debut at 46% Premium, Ab…
Meesho Surges 46% On Debut; IPO Allottees Pocket Up To ₹97,000 On Listing Day
Founded in 2015, Meesho operates a multi-sided platform linking consumers, sellers, logistics partners, and content creators. Known for enabling affordable e-commerce access, it also offers sellers a...
Bumper Debut! Meesho share price lists at solid 46% premium over IPO price
Meesho share price opened at ₹162.50 on the National Stock Exchange (NSE), as against the initial public offering (IPO) price of ₹111 — a premium of 46.40%. Meanwhile, on the BSE, Meesho share price got listed at a solid premium of 45.23% at ₹161.20.
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