IPO GMP And Subscription LIVE: Meesho GMP Indicates Over 40% Gains; Aequs, Vidya Wires Offers Fully Subscribed
The Meesho IPO includes a mix of fresh issues of shares worth Rs 4,250 crore and an offer for sale of 10 crore shares by existing shareholders.
IPO GMP And Subscription LIVE: Meesho GMP Today
The grey market premium of Meesho is Rs 46, as per data on Investorsgain website. The GMP indicated a listing price of Rs 157 and a listing premium of 41.44%.
Note: GMP does not represent official data and is based on speculation.
Vidya Wires IPO Live Updates: Fully Subscribed Before Midday
The Vidya Wires IPO was subscribed 1.01 times as of 11:45 a.m. on Wednesday.
Qualified institutional buyers (QIB): nil
Non-Institutional investors (NII): 0.87 times
Retail investors: 1.65 times
IPO GMP And Subscription LIVE: Aequs Offer Fully Subscribed
The Aequs IPO was subscribed 1.03 times as of 11:36 a.m. on Wednesday.
Qualified institutional buyers (QIB): nil
Non-Institutional investors (NII): 0.90 times
Retail investors: 4.19 times
Employee reserved: 3.00 times
Meesho IPO GMP And Subscription Live: Bidding Update
The Meesho IPO was subscribed 0.39 times as of 11:24 a.m. on Wednesday.
Qualified institutional buyers (QIB): nil
Non-Institutional investors (NII): 0.45 times
Retail investors: 1.43 times
Aequs IPO Live Updates: Use Of Proceeds
The fresh issue proceeds will be utilised for debt repayment of Rs 433.17-crore, including investments into three wholly owned subsidiaries, for machinery capex of Rs 64-crore, and for funding inorganic growth, strategic initiatives, and general corporate purposes.
