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IPO GMP And Subscription Updates: Meesho Offer Fully Subscribed On Day One, GMP Indicates Over 40% Gains

IPO GMP And Subscription Updates: Meesho Offer Fully Subscribed On Day One, GMP Indicates Over 40% Gains
Shares of all three companies are tentatively scheduled to be listed on the NSE and BSE on Dec. 10.   (Photo Source: NDTV Profit)
2 months ago
Thanks for following all the primary market buzz with NDTV Profit! That's a wrap on today's blog, don't forget to catch all the deep-dives, real-time updated and analysts views that we cover in the primary markets space.

Thanks for following all the primary market buzz with NDTV Profit!

That's a wrap on today's blog, don't forget to catch all the deep-dives, real-time updated and analysts views that we cover in the primary markets space.

Vidya Wires IPO: Subscribed 2.89 Times At Close

The Vidya Wires IPO was subscribed 2.89 times as of 7:00 p.m. on Wednesday.

  • Qualified institutional buyers (QIB): 0.47 times

  • Non-Institutional investors (NII): 3.42 times

  • Retail investors: 4.02 times

Aequs IPO: Subscribed 3.42 Times At Close

The Aequs IPO was subscribed 3.42 times as of 7:00 p.m. on Wednesday.

  • Qualified institutional buyers (QIB): 0.66 times

  • Non-Institutional investors (NII): 3.40 times

  • Retail investors: 11.46 times

  • Employee Reserve: 6.72 times

Meesho IPO: Subscribed 2.35 Times At Close

The Meesho IPO was subscribed 2.35 times as of 7:00 p.m. on Wednesday.

  • Qualified institutional buyers (QIB): 2.12 times

  • Non-Institutional investors (NII): 1.8 times

  • Retail investors: 3.86 times

IPO GMP And Subscription LIVE: Meesho Receives A Long-Term Thumbs Up

Investors may consider the Meesho IPO as a potential long-term investment opportunity, believes Master Capital Services.

IPO GMP And Subscription LIVE: Meesho Offer Fully Subscribed

The Meesho IPO was subscribed 1.18 times as of 03:09 p.m. on Wednesday.

  • Qualified institutional buyers (QIB): 0.38 times

  • Non-Institutional investors (NII): 1.32 times

  • Retail investors: 3.30 times

IPO GMP And Subscription LIVE: Aequs Offer Bid Over 2 Times

The Aequs IPO was subscribed 2.63 times as of 03:06 p.m. on Wednesday.

  • Qualified institutional buyers (QIB): 0.48 times

  • Non-Institutional investors (NII): 2.32 times

  • Retail investors: 9.32 times

  • Employee reserved: 5.33 times

IPO GMP And Subscription LIVE: Samir Arora Calls For Regulator Intervention On Fairness

India’s red-hot IPO market has been jolted by a rare backlash after several major global investors reportedly pulled out of Meesho Ltd.’s anchor book, prompting Helios Capital founder Samir Arora to call for urgent regulatory intervention to make the process “more fair.”

Read the whole story by clicking the link below.

Vidya Wires IPO GMP And Subscription Live: Bidding Update

The Vidya Wires IPO was subscribed 2.03 times as of 02:09 p.m. on Wednesday.

  • Qualified institutional buyers (QIB): 0.47 times

  • Non-Institutional investors (NII): 2.15 times

  • Retail investors: 2.87 times

IPO GMP And Subscription LIVE: Key Risks To The Aequs Issue

Aequs faces key risks from its high leverage and capital-intensive model, heavy dependence on a concentrated Aerospace customer base, long working-capital cycles, and strict certification-driven quality requirements, any disruption across these areas could materially impact cash flows, margins, and operational stability.

IPO GMP And Subscription LIVE: Meesho Subscription Update

The Meesho IPO was subscribed 0.65 times as of 12:54 p.m. on Wednesday.

  • Qualified institutional buyers (QIB): nil

  • Non-Institutional investors (NII): 0.78 times

  • Retail investors: 2.35 times

Aequs IPO Live Updates: Angel One's Suggestion For Investors

At the upper price band of Rs 124, Aequs is valued at 9.94× P/B as negative earnings make P/E irrelevant. The valuation reflects its integrated aerospace ecosystem, strong asset base and long cycle growth potential and a high barrier to entry business.

However, elevated leverage, continued losses and the fact that a majority of IPO proceeds will go toward debt repayment rather than expansion weigh on near term attractiveness.

Overall, the IPO is best viewed with a long term perspective and is therefore 'Subscribe with Caution' for long term investors.

IPO GMP And Subscription LIVE: Vidya Wires GMP Today

The grey market premium of Vidya Wires is Rs 6, as per data on Investorsgain website. The GMP indicated a listing price of Rs 58 and a listing premium of 11.54%.

Note: GMP does not represent official data and is based on speculation.

IPO GMP And Subscription LIVE: Aequs GMP Today

The grey market premium of Aequs is Rs 46.5, as per data on Investorsgain website. The GMP indicated a listing price of Rs 170.5 and a listing premium of 37.50%.

Note: GMP does not represent official data and is based on speculation.

IPO GMP And Subscription LIVE: Retail Interest In Meesho

One of the primary reasons for the retail investor interest is the promoters reducing the OFS size by 40%, from 175.6 million shares indicated earlier to 105.5 million shares, worth Rs 1,171 crore. This reduction by early investors like Elevation Capital and Peak XV partners has signalled the promoters’ confidence in the company.

Click here to read on more reasons why retail invest has surged in the Meesho offer.

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.

Vidya Wires IPO Live Updates: Nearly 70% Subscribed

The Vidya Wires IPO was subscribed 0.68 times as of 11:06 a.m. on Wednesday.

  • Qualified institutional buyers (QIB): nil

  • Non-Institutional investors (NII): 0.51 times

  • Retail investors: 1.13 times

Meesho IPO Live Updates: Retail Portion Overbid

Retail subscribers have bid 1.08 times as of 11:03 a.m. for the Meesho public offer.

Meesho IPO Live Updates: How Will Meesho Use The Proceeds?

The company will use Rs 1,390 crore from the proceeds to invest for cloud infrastructure, in Meesho Technologies Pvt. Ltd its subsidiary, while Rs 480 crore will be used form payment of salaries of existing and replacement hires for the Machine Learning and AI and technology teams. The company will also use Rs 1,020 crore for expenditure towards marketing and brand initiatives in its subsidiary Meesho Technologies.

Vidya Wires IPO Live Updates: Halfway Subscribed Within An Hour

The Vidya Wires IPO was subscribed 0.53 times as of 10:45 a.m. on Wednesday.

  • Qualified institutional buyers (QIB): nil

  • Non-Institutional investors (NII): 0.43 times

  • Retail investors: 0.87 times

Aequs IPO Live Updates: Retail Portion Fully Subscribed

The Aequs IPO was subscribed 0.43 times as of 10:36 a.m. on Wednesday.

  • Qualified institutional buyers (QIB): nil

  • Non-Institutional investors (NII): 0.43 times

  • Retail investors: 1.67 times

  • Employee reserved: 0.63 times

Meesho IPO GMP And Subscription Live: Bidding Update

The Meesho IPO was subscribed 0.11 times or 11% as of 10:20 a.m. on Wednesday.

  • Qualified institutional buyers (QIB): nil

  • Non-Institutional investors (NII): 0.15 times

  • Retail investors: 0.39 times

IPO GMP And Subscription Live: Meesho, Aequs, Vidya Wires Set To Open For Bids Today

Hello, and welcome to NDTV Profit's live coverage of the issues opening for subscription in the primary market today. These include the likes of e-commerce platform Meesho Ltd., aerospace manufacturing firm Aequs Ltd., and winding and conductivity products manufacturer Vidya Wires Ltd.

Stay tuned for all the details with NDTV Profit.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

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